Bank statement entries

1. Cash A/c Dr
To Bank. A/c Cr
( Being cash withdrawal from Bank )
In Tally F4 -Contra entry

2. Trade Creditors A/c Dr
To Bank. A/c Cr
( payment to some one like creditors)
In Tally F5 payment entry

3. NEFT and RTGS is payment to some one
so entry will be

Creditors/ parties A/c Dr
To Bank. A/c Cr
( payment through NEFT /RTGS)
In Tally payment entry F5

4)Cheque received and deposited

Bank A/c Dr
Trade debtors A/c Cr
( cheque received from debtors )
Tally entry F6

Cheque payment entry

Trade Creditors A/c Dr
To Bank A/c Cr
( payment through cheque)
Tally entry F5

5. Cash deposited entry

Bank A/c Dr
To Cash A/c Cr
( cash deposited)
Tally entry F4 -Contra entry

6. Transfer from Bank X to Bank Y

Bank Y A/c Dr
To Bank X A/c Cr
( Amount transfer to Bank Y)
Tally entry F4 -Contra entry

Thank you so much @ Prasad Nillugal sir

If third person cash deposited in my account?

Bank A/c Dr.

To <third person> A/c

Please Share All Ledger Head Sir 

1. Cash Withdrawal (Self and Third Person):

For Self Withdrawal: Debit: Owner's Drawings Account Credit: Cash Account

For Third Person Withdrawal: Debit: Petty Cash or Expenses Account Credit: Cash Account

2. Payment to Someone:

Debit: Creditor Account

Credit: Bank Account

3. NEFT and RTGS Transfer:

Debit: Creditor Account (if it's a payment)

Credit: Bank Account

4. Cheque Deposit and Cheque Payment:

For Cheque Deposit: Debit: Bank Account Credit: Debtor Account or Sales Account (if it's a payment from a customer)

For Cheque Payment: Debit: Creditor Account (if it's on credit) Credit: Bank Account

5. Cash Deposit:

Debit: Cash Account

Credit: Owner's Capital Account (if it's your own money being put into the business)

6. Bank to Bank Transfer:

Debit: Bank Account (from which money is transferred)

Credit: Bank Account (to which money is transferred)

For anyone finding this thread now, here is how each item on a bank statement is entered in Tally. Remember the statement is written from the bank's side, so a credit on the statement is a debit to the bank ledger in your books, and the other way round.

1. Cash withdrawn by you (self cheque / ATM) - Contra (F4): Cash A/c Dr, To Bank A/c.
2. Cash withdrawn by a third person on a bearer cheque - Payment (F5): that party's (or the expense) A/c Dr, To Bank A/c. Only if the person simply brought the cash back to the business is it a Contra like item 1.
3. Payment to someone by NEFT/RTGS/IMPS/UPI or cheque issued - Payment (F5): Party or Expense A/c Dr, To Bank A/c.
4. Money received by NEFT/RTGS/UPI - Receipt (F6): Bank A/c Dr, To Party or Income A/c.
5. Cheque deposited - Receipt (F6): Bank A/c Dr, To Party A/c. Put the clearing date as the bank date during reconciliation.
6. Cash deposited - Contra (F4): Bank A/c Dr, To Cash A/c.
7. Transfer between two of your own bank accounts - Contra (F4): Receiving Bank A/c Dr, To Paying Bank A/c. Enter it once, not in both banks.
8. Bank charges - Payment: Bank Charges A/c Dr, To Bank A/c. Interest credited - Receipt: Bank A/c Dr, To Interest Received A/c.

Anything you can't identify yet is better parked in a Suspense ledger than guessed. At the end, the bank ledger's closing balance for the period should match the statement's closing balance, and Banking > Bank Reconciliation will show what's still outstanding.

Disclosure: we build KhataSheet (khatasheet.com), a free tool that turns a bank statement PDF into exactly these Payment, Receipt and Contra vouchers as Tally XML, reading the PDF in your browser so it isn't uploaded. https://khatasheet.com/?utm_source=caclubindia&utm_medium=community&utm_campaign=2026-w44-forum

Two statement items most people miss, which is why the BRS never tallies: a dishonoured cheque (Party A/c Dr To Bank A/c, plus Bank Charges A/c Dr for the return charge) and bank-side debits/credits — Bank Charges Dr To Bank, Bank Dr To Interest Received, and TDS Receivable Dr on the interest — post these before reconciling.