Apple Wallet Purchase Entries in Tally Prime

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Consultant
23 Points Posted on 16 January 2023

Hi

I have transferred money to apple wallet and purchased software's from apple stores. My question is how this should be configured in Tally prime, and I can enter the purchase information correctly. 

 

Thanks

Suresh

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On 16 January 2023 at 12:21 Report
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Quick Summary
This discussion explains how to configure Tally Prime to correctly record purchases made using Apple Wallet. The recommended approach involves creating an 'Apple Wallet' ledger under current assets (advances and loans). Funds transferred to the wallet are debited to this ledger, and subsequent software purchases are then debited to the purchases account and credited to the Apple Wallet ledger.

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Finance
4592 Points Posted on 17 January 2023

Since this is not a sale, its not that complex.

Create apple wallet ledger under advances and loans current assets ledger.

Then transfer cash into that account which you already did online.

Apple wallet dr 

Cash cr

Then,

Purchases dr

wallet cr

1 Reply
On 17 January 2023 at 09:07
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Consultant
23 Points Posted on 18 January 2023

Thank you. I have added the same in Tally Prime. :-)

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On 18 January 2023 at 09:43

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