Budget with payable

In busy or tally accounting software

"Travelling" is an indirect expanse head with a budget of 10,000/-. 

A bill for Rs.1000/- has been received from an employee (Amount is not paid)

How can I make an entry? Where the budget is reduced to 9000 and 1000 is shown as payable. After that, I transfer the funds to the employee's bank account. The amount payable should be zero.

Replies (7)
Quick Summary
This discussion explains how to manage travel expenses within Tally ERP 9. It details the correct procedure for entering a bill received from an employee for travel, ensuring the budget is reduced by the bill amount and the remaining sum is shown as payable. The process involves using a journal voucher to record the expense and payable, followed by a payment voucher to clear the payable once the employee is reimbursed.

YOU HAVE TO SET 'PRIMARY' AND NOT INDIRECT EXPENSES IN BUDGET

Budget Management for Businesses in Tally ERP 9 | Tally Solutions

BUDGET VARIANCE WILL SHOW THE DIFFERENCE BETWEEN YOUR BUDGET AND ACTUAL EXPENSE. EVEN IF IT IS IN PAYABLES STATE OR IN PAID THROUGH BANK STATE.

View Budget Variance (tallysolutions.com)

I made the head
Travelling  Direct Expanse
Employee    Sundry craditor

Journal Voucher 
D Travelling 1000
C Employee   1000

Yes, It show in payable amount. 

Payment voucher 

D Employee      1000
C Bank Account  1000

Is this correct?

Yes it is absolutely right. Travelling expenses are indirect expenses. 

Please check for double posting the same transaction

If possible, delete the transactions and enter them again.

Yes it is absolutely right. Travelling expenses are indirect expenses. 

Please check for double posting the same transaction

If possible, delete the transactions and enter them again.

Originally posted by : yasaswi gomes
double posting the same transaction

means, please explain

you might have entered your 

D Travelling 1000

C Employee 1000

entry two times. 

 

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