Receipt Entry (F6)

Gateway of Tally > Accounting Vouchers > selecting F6, we get the Receipt voucher screen. Similar to Payment and Contra vouchers – the Single Entry Mode appears for Receipt Entry as well.

Transactions accounting for money received are entered into Tally through the receipt voucher.

For example, your company receives money from a customer for an earlier transaction. The customer account has to be credited and if cash is received – debit the cash account. If cheque is received debit the bank account where you will deposit the money received.

The entry in single-entry mode is displayed as:

First enter date of voucher ...................................29.1.2009
Then is it cash account or bank account..... select from pop up window ..............Cash
Then from whom cash / cheque is received....... select from pop up window .............Furniture Grace.
Then enter the amount................................................................... 500
Then enter narration .................Being discount amount received.

Then.............. Accept ok ..................... Enter

Your receipt voucher is saved.

On the Receipt entry screen, access F12: Configure -> activate the option "Use Payment/Receipt as Contra" – the behaviour is similar to that of Payment entry as Contra.

Important:
1. Use the buttons on the right-hand side of the screen to Explore the Potential of Tally.
2. Press [Enter] wherever the cursor is placed to know the Depth of Tally!