Receipt Against Sales (Bank) in TallyPrime: 5 Steps + Example

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1. Understanding Bank Receipts in TallyPrime

When you receive payments from customers via bank transfers, you need to record these receipts in TallyPrime to update your accounts and track cash inflows.

2. Steps to Record Receipt Against Sales (Bank) in TallyPrime:

1. Go to Receipts Voucher:

Go to Gateway of Tally > Vouchers > Press F5 (Receipt).

2. Enter Party Details:

In the “Party’s A/c Name” field, select the customer’s ledger account.

3. Select Payment Mode:

Choose “Bank Deposits” as the payment mode.

4. Select Bank Account:

Select the bank account where the funds were deposited.

5. Bill-wise Details:

  • Select the “Select Bill” button.
  • Choose the “Sales” bill type.
  • Select the specific sales invoice you want to receive payment against.
  • Enter the amount received.  

6. Save the Voucher:

Press Ctrl+A to save the receipt voucher.

    3. Example of Recording Receipt Against Sales (Bank) in TallyPrime:

    Let’s say you received Rs. 10,000 from “Customer A” via bank transfer into your HDFC Bank account against a sales invoice numbered “INV002”.

    1. Create a Receipt Voucher:

    Go to Gateway of Tally > Vouchers > Press F5 (Receipt).

    2. Enter Party Details:

    Enter “Customer A” as the party’s account name.

    3. Select Payment Mode:

    Choose “Bank Deposits”.

    4. Select Bank Account:

    Select “HDFC Bank”.

    5. Bill-wise Details:

    • Select “Select Bill”.
    • Choose “Sales” as the bill type.
    • Select “INV002” as the invoice number.
    • Enter “10,000” as the amount received.

    6. Save the Voucher:

    Press Ctrl+A to save the receipt voucher.

      4. Additional Considerations:

      • Multiple Payments: If you receive multiple payments against a single invoice, you can record them separately.
      • Partial Payments: You can record partial payments against an invoice.
      • Bank Statements: Reconcile your bank statements with the receipts recorded in TallyPrime to ensure accuracy.

      By following these steps, you can effectively record bank receipts against sales in TallyPrime, ensuring that your accounts are updated and your cash flow is tracked accurately.

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