1-4-2009 Mr. Swayam Satpathy started a Swayam Agencies by bringing in Capital of Rs.15,00,000 by cheque and deposited the same in ICICI Bank by opening a new account.

Note : Mr. Swayam Satpathy wants to have separate Vouchers for Bank Payment and Receipts. He also wants separate Serial Numbers to be displayed for Bank Receipt (i.e. BK-REC / 001 / 08-09 )and Bank Payment (i.e. BK-PMT / 001 / 08-09 ). Hence, Two new Voucher Types – Bank Payment under Payment and Bank Receipt under Receipt – have to be created.

 3-4-2009 Mr. Swayam withdrew Rs.50,000 cheque for Shop Expenditure from

ICICI Bank . ( Cheque No-123451) 5-4-2009 Mr. Swayam purchased Furniture and Fixture worth Rs. 1,50,000 for

the Shop by cheque. (Ch. No-123452) 8-4-2009 Mr. Swayam rented a premises on 1-4-2009 for his business at Rs.

3,500 per month. He paid a Security Deposit of Rs.25,000 by cheque. ( Ch. No-123453)

   10-4-2009 Mr. Swayam issued a cheque to  purchase the following Assets. ( Ch.

No-123454) 12-4-2009 Mr. Swayam has appointed the following people.

Name Designation Monthly Salary

Rahul Bhatt Sales Executive

4,000

Jairam Sengupta

Salesman 3,500

Shishir Mathur Accountant 2,500Ajith V Nair Clerk 1,500

 Ajith is also in charge of Petty Cash and submitting the statement of Expenses at the end of every monty.  Note : No Entry is required because this is not an Accounting Transaction.

 20-4-2009 Mr. Swayam Purchased the following Items from A2Z Traders on

Credit.Item Quantit

yRate

Value Input VAT

Total

High Capacity Stabilizers

100 600 60,000

12.5% 67,500

  21-4-2009 Mr. Swayam Purchased the following Items from A2Z Traders on

Credit.Item Quantit

yRate

Value Input VAT

Total

High Capacity Stabilizers

100 400 40,000 12.5% 45,000

Open Well Pumps 50 1500

75,000 4% 78,000

Submersible Pumps 100 2000

2,00,000

4% 2,08,000

Gross Total 3,31,000

 22-4-2009 Mr. Swayam paid Carriage Inward Expenses of Rs.500 in cash on

purchase made on 20-4-2009 and 21-4-2009.

 27-4-2009 Mr. Swayam transferred Rs. 10,000 to Petty Cash from Cash to meet

the day to day expenses. 28-4-209 Mr. Swayam withdrew Rs.5,000 in cash for personal use. 30-4-2009 VAT adjustment entry. 30-4-2009 Make an entry for the Salary Due of all staff for the month of April

2009. The details are as follows : Name Salary

PaidNumber of Days

Rahul Bhatt Rs. 2,400 18Jairam Sengupta

Rs, 2,100 18

Shishir Mathur Rs. 1,500 18Ajith V Nair Rs. 900 18

 Note : Create the all above individual staff Ledger Account under Loan & Advance ( Asset)

 1-5-2009 Mr. Swayam paid Salaries through cheque for April 2009 . ( Ch. No-123455).

The details are as follows :Name Salary

PaidNumber of Days

Rahul Bhatt Rs. 2,400 18Jairam Sengupta

Rs, 2,100 18

Shishir Mathur Rs. 1,500 18Ajith V Nair Rs. 900 18

 Note : Cost Center has to be created in each employee’s name. Ensure that Maintain Cost Centers is set to YES in F11 : Features > Accounting Features.

 2-5-2009 Mr. Swayam paid Rs.2500 in Cash for stationery, printing invoices and

vouchers to Cannon Traders. 3-5-2009 Mr. Swayam received the statement of expenditure from the Petty Cashier for

April 2009. the statement is as follows :Name of Expenses Amount

(Rs.)Printing & Stationery 2,500Cell phone bill 600Shop maintenance Expenses 450Conveyance expenses for Marketing Executives

 

 6-5-209 Mr. paid Rs. 3,500 by cheque towards Shop Rent for April 2009. (Ch. No-

123456) Note : Set  the field Cost Center are applicable ? to No at the time of  creating Ledger Printing Shop Rent.   Make an entry of the Transaction in a Payment Voucher ( F5 ) : Bank Payment Header Account : ICICI BankLine Account ( Particulars) : Rent Expenses Rs.3,500 To see the Bank Payment Voucher Screen (See Transaction Dated : 10-04-2009 )

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Free DownloadExamplesPhone NumberBillsBill PhoneBusiness TransactionsCell phone billCell phone billingFurniture StoreFurnituresFree DownloadExamples 

 10-5-2009 Mr. Swayam sold the following items for Cash. The details are as follows :

Item Quantity

Rate

Value Output VAT

Total

High Capacity Stabilizers

50 850 42,500

12.5% 47,813

Open Well Pumps 15 1700

25,500

4% 26,520

Gross Total 74,333

 Step-1 :Make an entry of the transaction in a Sales Voucher ( F8) : Go to Gateway of Tally Accounting Vouchers F8 : Sales displays the Sales Voucher screen. Note : 1.         Ensure that As Invoice and Item Invoice buttons are activated. This is because the sales

entry has to be recorded as an item invoice.2.         Ensure that in F12 ( Configuration) in Sales Voucher ,

 15-5-2009 Mr. Swayam issued a cheque to A2Z Traders for Rs.3,96,500 after deducting

the Discount of Rs. 2,000. He receive a Discount as he agreed to pay the entire Bill Amount. ( Ch No-123457)

 28-5-2009 Mr. Swayam withdrew Rs. 4,000 in cash for personal use. 30-5-2009 Mr. Swayam received the statement of Expenditure from the petty Cashier for

May 2009 . the statement is as follows :Name of Expenses Amount

(Rs.)Cell phone bill 1,500Shop maintenance Expenses 200Conveyance expenses for Marketing Executives

800

 31-5-2009 VAT adjustment entry.