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Mobile purchase for business

Sayed Nabil (385 Points)

20 December 2023

how to entry in tally for mobile purchase for business purposes
please elaborate this with entry

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prasad Nilugal ( GST Practitioner & Accounts ) (14882 Points)
Replied 20 December 2023

You Can pass in Voucher mode in Tally

Mobile phone A/c Dr ( Asset)
Input CGST A/c Dr
Input SGST A/c Dr
To Trade Creditors A/c Cr
( Mobile phone purchase)

Mobile phone under Non Current Asset , Balance sheet.

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payment entry Alt F5 in Tally.

Trade Creditors. A/c Dr
To Bank Ac Cr
( payment entry)

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Sayed Nabil (385 Points)
Replied 21 December 2023

Thank you sir

prasad Nilugal ( GST Practitioner & Accounts ) (14882 Points)
Replied 21 December 2023

You are welcome

Sayed Nabil (385 Points)
Replied 21 December 2023

Sir one small doubt can I put this in purchase voucher or journal voucher please clarify

prasad Nilugal ( GST Practitioner & Accounts ) (14882 Points)
Replied 22 December 2023

In my view you can put it in Journal Voucher, because we put all material purchase in purchase voucher, however take opinion of your Auditor also in this regard.