Imprest account for advance to employee

Dear

You can do one thing. Reverse entire amount as imprest refunded and make entries for purchases.

If i put imprest a/c under loan and advances still i can not credit imprest account in purchase voucher in tally. I just wanted to know is there any option so that we can allow impress a/c in purchase voucher ?

You can open the imprest/adv account under loan and advnace - asset to issued imprest to your employee for purchasing of raw material on cash basis

1.       Entry - Imprest (Employee Name)

                     to Cash

When Employee Purcahse the Material

2.       Entry - Purchase A/c Dr

                    To Employee

After passing that entry you get the  outstanding balance or the amunt you pay more.

Please read clearfully guys

he said that purchase voucher can not credited the imprest account because its under the loan & advances not under the sundry creditors.

Suppose that, Employee used upi payment, not cash Now tell me, what will be entry now ???

What software your using?

If it is manual recording

Create UPI account like in software or use just bank account entries. Because bank statements have UPI address.

pass a JV supplier a/c debited to Imprest a/c 

If it’s upi, no need for imprest as well cause it’s like small amount like bank transaction cost charged