Payment Voucher is a very important voucher in every company, you will learn in this tutorial about how to create a payment voucher in tally prime and what is the benefits to maintain a proper payment voucher
Gateway of Tally
Whenever you will select your company the first screen you will see is the gateway of tally in tally prime
Select a Vouchers
From gateway of tally screen select the vouchers and then you will be at vouchers screen
Shortcut key of voucher screen is (Press V)
Payment Voucher
Here when you are on voucher screen, you have to choose between the vouchers
There are few buttons on right side of tally screen when you are at a voucher creation screen
Short cut key of payment voucher is F5 , Press F5 so you will now see a payment screen on your tally screen
Voucher Date
Now enter the voucher date
Dates are also important, you must enter the proper date
The date on which you are making payment, so in future you can check and have the proper details
Credit Ledger
Credit : Choose a ledger of the person to whom you are making the payment
Note: We make payments to our creditors, employees etc
Debit Ledger
Debit: Choose a ledger of your bank or cash from which source you are making payment choose that ledger
Enter Amount and Narration
Enter the amount you are paying in amount field and type a proper narration in narration field
Save the Voucher
Now you can save the voucher
Examples of payment vouchers in tally prime
Salary paid to a employee ( Mr Gopal Krishnan)
Debit : Salary a/c – 32000 rupees
Credit: Gopal a/c — 32000 rupees ( from your bank to gopal, basically your companies bank account will be credited )
So in tally it will look like below mention image
Important Points
Make payment entry proper, don’t do mistakes in debit and credit
Learn 3 golden rules of accounting for better understanding