create journal entries in tally

In Manually we first do a journal entry than creating ledgers but in tally erp9 Telly ERP9   Automatically Journalise entry Tally.ERP 9 maintains all books of accounts starting from the record of vouchers to ledgers etc. You can use different types of vouchers like payment, receipt, sales, purchases, receipt notes, delivery notes and adjustment entry vouchers like journals, debit & credit notes. Tally.ERP 9 inherits the principle of double entry system of bookkeeping and thus reduces possibilities of errors during voucher entry.

In tally erp9 First, we have to create ledgers 

In Gateway of Tally 
Accounts, Info > Ledgers > Create (Single ledger or Multiple ledgers)

Click on Account Info.

In Gateway of Tally Accounts, Info > Ledgers > Create (Single ledger or Multiple ledgers)

First, we see the transaction to create ledgers

1)                Capital introduced in business 600000

       

Cash a/c    Dr

              To Capital a/c Cr

(Being capital introduced)

2)                Cash paid to Mr Raj of Rs 100000 As Rent deposit

Rent deposit A/c      Dr

           To Cash A/c      Cr

(Being cash paid for Rent deposit)

3)                Cash paid to MSEB as Meter deposit 24000

       MSEB Meter deposit Dr

                To cash a/c   Cr

(Being cash paid for the meter deposit)

     

4)                Cash paid for the shop clearing charges of Rs 2500

Shop and miscellaneous Dr

        To cash a/c              Cr

        

5)                Cash paid for Gumashtha Licence expenses of Rs 3700

legal professional expenses           Dr

         To cash a/c                            Cr

      

6)                Cash deposit in the bank of Rs 10000 for new account open

Bank a/c                  Dr

           To Cash        Cr

7)                Painting material purchase from national hardware of Rs 7600 in cash

Shop and miscellaneous Dr

        To cash a/c              Cr

8)                cash paid to Rajesh of Rs 2700 against shop painting charges

Shop and miscellaneous Dr

        To cash a/c              Cr

9)                Electrical material Purchase From Deepak Electrical of Rs 40000 on credit

Shop and miscellaneous Dr

        To Deepak a/c          Cr

10)            Electrical fitting charges paid to Roy electrical of 6000 in cash.

Shop and miscellaneous Dr

        To cash a/c              Cr

11)            cash paid to Shyam painter of Rs 7000

against board making charges

Shop and miscellaneous Dr

        To cash a/c              Cr

12)            cash paid to Pravin kumar (car painter) of Rs 21000 as an advance for furniture

Pravin Kumar a/c Dr

        To cash         Cr

 13) Cash paid for petrol expenses of

Rs 500

petrol expenses a/c  Dr

        To cash a/c

Ledger.                                            Group

Capital a/c.                                  Capital

Rent deposit.                               Deposit Asset

Meter deposit                              Deposit Asset

Shop and miscellaneous             Indirect exp

legal professional expenses       Indirect exp

Bank a/c.                                     Bank A/c

Deepak electrical                        Sundry creditor

Privan kumar.                             loan and advance

Petrol Expenses.                        Indirect Expenses

First Ledger, We create Capital A/c Below

In Gateway of Tally 

Accounts, Info > Ledgers > Alter 

 Above Ledger Create one by one After that we Journalise Entry in Tally ERP9

Also Watched video on Youtube Elearning4umore 
Channel Name Elearning4umore