Jv for contra

You post a contra entry only if there is Cash & bank A/c involved i.e. If cash is deposited in bank or if cash is withdrawn from bank

From your query it is not quite clear what you want to say.  See if the condition as mentioend above by me is satisfied & then only post a contra entry.  Please revert for any further query

Thanks Giridhar for your response.

I am sorry that my question was not clear .

My question is:

Interbank transfer done from one accout to another account with a conversion rate of ($1=INR45)

what would be the entry in Tally?

Post a contra entry by debiting the bank a/c in whihc the money is being received and crediting the bank account from wehre the monye goes.

What about the conversion rate???

Beause from my $ a/c it shows only $ 5000 whenever its shows receiving of  INR225000

How would you manage? that is the question