Tally ERP 9 Entries

This query is : Resolved

Lucifer Rodriguez (Querist)
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19 May 2024 1) Bonus Paid to Factory Worker Comes Under Which Head Direct or Indirect?
2) Overtime Paid to Factory Workers Comes Under Which Head Direct or Indirect?
3) Leave Encashment paid to Factory Worker comes under which head direct or indirect ?
4) Payment done to Outsource Technican for Installation of Site Equipment
5) Payment done to Municipal Corporation towards tax

RAJA P M

RAJA P M (Expert)
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20 May 2024 You can account as Direct Expenses is 1, 2, & 3. Indirect Expenses is 4 & 5.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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15 August 2025 Tally ERP 9 offers specialized voucher types for various accounting transactions:
Use Contra (F4) for internal transfers like cash to bank.
Payment (F5) and Receipt (F6) vouchers manage outgoing and incoming funds, respectively.
Sales (F8) and Purchase (F9) support invoice creation; leverage Item Invoice mode when item-wise tracking is necessary.
For corrections or adjustments, Journal (F7) is your go-to—covering depreciation, reclassifications, or bad debt write-offs.
Use Credit/Debit Notes (Ctrl + F8 / Ctrl + F9) for return transactions.
Reversing Journals (F10) help automate accrual reversals, and Memo vouchers (Ctrl + F10) cater to pending/internal entries.
Sample Journal Entries:
Bad Debts:
Debit: Bad Debt Expense
Credit: Debtor’s Ledger
Reclassify expenses:
Debit: Advertising Expense
Credit: Office Expenses
Always configure voucher behavior via F12 – Configure, review balances during entry, and use consistent narrations to aid audit trails.

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