Tally prime bank non-compliance charges

297 views 1 replies
bank non-compliance charges reveres entry in tally prime if a bank deduct charges for non compliance 23-24 but bank credited all the charges in the month of April 2024 what would be the entry in tally prime
please elabrate
Replies (1)
In 23-24 your entry for bank charges deducted entry

Payment entry in Tally ( F5)

Bank Charges A/c Dr
Bank A/c Cr
( Bank charges deducted by bank in 23-24 )


In April 24 just pass bank charges reverse entry.
Receipt entry in Tally ( F6)

Bank A/c Dr
To Bank charges ( reverse)
( Being bank charges earlier deducted credit to
account by bank )

Note- Bank charges ( reverse) A/c under indirect income p&L Account.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register