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Tally software purchase

Accounting Entries 9403 views 2 replies

What is the general entry of tally erp-9 software purchase.

Replies (2)
Dr. Tally Software - Rs. XXXX.
Cr. Supplier Name - Rs. XXXX.


Tally Software under Fixed Asset...



Note : In case GST ITC will be taken by You then Debit the Tax value in Duties and Taxes head...

After payment  of software  to supplier 

Supplier   A/c          Dr 

 To bank                  Cr 

(  payment  made to supplier ,Cheque no . dt  etc) 


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