TallyPrime Assignment-21 [Contra Voucher – Cash Deposit, Cash Withdrawal, Fund Transfer]

Contra Voucher (F4) performs all Cash Deposited in Bank,  Cash Withdrawal form Bank, any Fund Transfer from Bank to Bank or from Main Cash to Petty Cash.

Contra Voucher (F4)

As per accounting rules , contra entry is a transaction indicating transfer of funds from..

• Cash Account to Bank Account (Cash Deposit)
• Bank Account to Cash Account (Cash Withdrawal)
• One Bank Account to another Bank Account (Bank Transfer)

The following Vouchers can be done through the Contra Vouchers :

(a)          Cash Deposited into Bank

(b)          Cash Withdrawal from the Bank

(c)           Funds Transfer from One Bank to another Bank

(d)          Cash Transfer to Petty Cash and vice versa

Gateway of Tally > Vouchers > Press F4 (Contra Vouchers)

Alternatively, press Alt+G (Go To) > Create Voucher > F4 (Contra Vouchers)

(A) Cash Deposit Voucher

Transactions : ₹. 5000 deposited in State Bank Of India as on 1-09-2023.

[121-Practical Assignment-TallyPrime]

(B) Cash Withdrawal Voucher

Transactions : ₹. 5000 withdrawn from Axis Bank Ltd. as on 1-04-2023.

[122-Practical Assignment-TallyPrime]

(C) Fund Transfer Voucher

Transactions : ₹. 5000 transfer from Axis Bank Ltd to State Bank Of India as on 1-04-2023.

[123-Practical Assignment-TallyPrime]

Note :

In Header Account, Ledger Receiving the money is selected.

Record the following Contra Voucher Transactions like Cash Deposit & Cash Withdrawal from Bank. Also Fund Transfer from One Bank to another Bank or main Cash to Petty Cash for the month of April-2023

[Practical Assignment]

CONTRA (CASH WITHDRAWAL) TRANSACTION [F4]

Sl. No. Date               Transactions

1. 1/4/2023 Withdrawal of Cash of Rs.10,000 from ICICI Bank vide Cheque No. 666005
2. 11/4/2023 Withdraw Cash of Rs.5,000 from AXIS Bank Ltd.

CONTRA (CASH DEPOSIT) TRANSACTION [F4]

Sl. No. Date               Transactions

1. 2/4/2023 Deposit cash of Rs 10,000 in AXIS Bank Ltd..
2. 6/4/2023 Deposit Cash in ICICI Bank of Rs. 8,000

CONTRA (FUND TRANSFER) TRANSACTION [F4]

Sl. No. Date               Transactions

1. 7/4/2023 Transfer Rs. 5,000 from Cash to Office Petty Cash.
2. 20/4/2023 Amount Transfer from Axis Bank Ltd. to ICICI Bank of  Rs.5,000  (F4:Contra)
3. 27/4/2023 Amount Transfer from ICICI Bank to Axis Bank Ltd. of  Rs. 10,000