Partner credit card payment entry in tally

Our Firm is a partnership firm with three partners.

We have a paid some of our expenses such as Travel expenses and Electricity through one of our partners Credit Card.

We have paid credit card payment of our partner through our business current account.

How should we put an entry in tally .

Replies (4)
PARTNER'S IMPREST ACCOUNT TO BE CREATED
ENTRY FOR PAYMENT OF ELEC BILL'-
ELEC. EXP. PAYABLE
TO PARTNERS IMPREST ACCOUNT

ENTRY FOR PAYMENT OF CC BILL-
PARTNERS IMPREST ACCOUNT
TO BANK ACCOUNT
nice gagan and we have only one way but it's a one more option I tell you wait

Entry shall be,

Expense Account Dr

To Partners Capital Account

And

Partners Capital Account Dr

To Bank Account.

good clarification and information

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 November 2026
Tax Product Specialist

BharatX.ai

Gurgaon

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details