Transfer


This query is : Resolved 

Quick Summary
This discussion clarifies the accounting entry required when transferring funds from a cash credit account to a current account in Tally. The correct entry is to debit the cash credit account and credit the current account. This entry is considered a contra entry if both accounts are set up under the 'Bank Accounts' group in Tally.

11 March 2020 Sir, current account se cash credit account me paise transfer krne ki entry kya hogi? Kya entry contra me hogi

12 March 2020 Cash credit account Dr
To Current account Cr

12 March 2020 Thank you sir but kya ye entry contra me hogi

12 March 2020 Yes if you have created both the accounts under bank accounts group in Tally.

12 March 2020 OK thank you very much sir


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details