banner_ad

Vechil insurance entry in tally prime

Others 10719 views 1 replies
Please provide tata Ace insurance and car insurance which is firm name
how to pass the entry in tally prime please provide entrys in details
Replies (1)
Quick Summary
Insurance expenses like Tata Ace and car insurance in Tally Prime are recorded under Indirect Expenses. First create separate expense ledgers, then pass payment entries by debiting Bank Account and crediting respective insurance expense ledger with the premium amount.

Here are the entries for Tata Ace insurance and car insurance in Tally Prime: *Tata Ace Insurance* 1. Create a ledger for Tata Ace Insurance under "Indirect Expenses" in Tally Prime. - Go to "Gateway of Tally" > "Accounts Info" > "Ledgers" > "Create" - Enter "Tata Ace Insurance" as the name and select "Indirect Expenses" as the group 2. Create a voucher for the insurance premium payment. - Go to "Gateway of Tally" > "Accounting Vouchers" > "F5: Payment" - Select the bank account and enter the payment details - Select "Tata Ace Insurance" as the expense ledger 3. Pass the entry: - Debit: Bank Account (e.g. "HDFC Bank") - Credit: Tata Ace Insurance (Rs. XXXX) *Car Insurance* 1. Create a ledger for Car Insurance under "Indirect Expenses" in Tally Prime. - Go to "Gateway of Tally" > "Accounts Info" > "Ledgers" > "Create" - Enter "Car Insurance" as the name and select "Indirect Expenses" as the group 2. Create a voucher for the insurance premium payment. - Go to "Gateway of Tally" > "Accounting Vouchers" > "F5: Payment" - Select the bank account and enter the payment details - Select "Car Insurance" as the expense ledger 3. Pass the entry: - Debit: Bank Account (e.g. "HDFC Bank") - Credit: Car Insurance (Rs. XXXX) Note: Replace "Rs. XXXX" with the actual amount of the insurance premium.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details