Sale of Machinery - Entry in Tally

Shamita (Learner) (410 Points)

19 March 2010  

Our firm has sold some machinery worth 5 lacs. How these entries will be recorded in Tally.

With journal voucher we can pass the entry :-

Buyer A/c Dr.

  To Machinery A/c


Then from receipt voucher we can make the following entry :-

Bank A/c Dr.

  To Buyer A/c


But how to pass sale of machinery entry through sales voucher, so that sales can be affected in tally and vat could be charged. Pls guide.

Thanks in Advance