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How to record books of Accounts help me

356 views 16 replies

MPR Sanjay Kumar

3145 Points Joined November 2020

For Example : Iam a Sri dev enterprises

I purchase from three parties Namely

1. Paramount Rs 135000
2. J thomsaon. Rs 19000
3. Akshaya. Rs 35000

for this I make an entry in my tally prime under purchase voucher well..

but I paid to these parties iny bank ,now I want to make Adjustments entries

my bank shows on 1.1.2024 Rs Rs 125000 Debit balance

So I need to know balance how much of amount I have to pay

please how to make for these Adjustment entry in my books

plse provide

Replies (16)

Yasaswi Gomes new

Finance

4545 Points Joined September 2020

Choose current period

Then look at current balance

Yasaswi Gomes new

Finance

4545 Points Joined September 2020

Forgot to mention, filter company names as you might have other transactions

Yasaswi Gomes new

Finance

4545 Points Joined September 2020

Forgot to mention, instead of outstanding, go to party ledger and set the period and see current balance. If it is debit, you owe or vice versa. I left off tally and now I'm working in sap consolidation expert ;)

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

@ Mr MPR Sanjay Kumar.,

I will try to give you my best reply to you.

before that your query is slightly confused.

bcoz, Your bank balance is Very low compared with payable.

So,
Give the details for
- credit terms of this 3 supplier
- bills details
- who is the priority

MPR Sanjay Kumar

3145 Points Joined November 2020

Sir yes sir ,I paid partially so how to make adjustments and outstanding

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Originally posted by : MPR Sanjay Kumar
	Sir yes sir ,I paid partially so how to make adjustments and outstanding

Okay, please give the all bill details of the three Supplier...

Date-Bill No-Value-Party name

sabyasachi mukherjee

27992 Points Joined May 2017

Cash transactions thru cash voucher
journal voucher thru journal entries.
bills outstanding ledger automatic.

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Originally posted by : sabyasachi mukherjee
	Cash transactions thru cash voucherjournal voucher thru journal entries.bills outstanding ledger automatic.

Very well reply dear expert Mr Sabyasachi Mukherjee Sir...

Thank You for Your attention to this query...

🙏🙏🙏🙏🙏