![]() Let’s understand the receipt entry using both types. There are two types of receipts, One is cash receipts and bank receipts.Ĭash receipt:- Money received as cash is called cash receipt.īank receipt: Money received through bank that is by means of cheque or electronic transfer is called bank receipt. Loan received from persons or bank or partners.Some other money receipt like dividend received,commission received Interest received, Money received through scrap sale or old car sale etc.A Customer issue a cheque in favor of our business against sale or as advance.A Customer gives advance to the business as cash or cheque.A Customer gives cash against the sale. ![]() Let’s understand some situations where receipt voucher used in Tally In Tally erp 9, There is a voucher called Receipt voucher. When receiving cash or cheque or direct bank transfer from the customer the cashier or data entry operator make a receipt voucher entry in tally and take a printout of receipt to issue the giver. In the age of manual accounting cashier enter the money in the receipt side of cash book or bank book and issue a printed receipt. This is the formal procedure for accepting money from any party. Business accept consideration for its sale or service as cash, cheque nowadays direct bank transfers.For receiving money every business has to issue receipts.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |