Receipt

Whenever cash comes in the business we prepare receipt vouchers

To enter the following transactions:
go to Gateway Of Tally, Accounting Vouchers, (and from the button bar select "receipt voucher" or hit "F6")

1. Started business with cash Rs. 5000
Cash A/c Dr.
To Capital A/c Cr.

2. Rs. 5000 received from Mr. Kumar
Cash A/c Dr.
To Mr. Kumar A/c Cr.

3. Rs. 2000 cheque and Rs. 500 cash given by Star & Co.
Bank A/c 2000 Dr.
Cash A/c 500 Dr.
To Star & Co. A/c 2500Cr. 

4. Rs. 1500 commission received 
Cash A/c Dr.
To Commission received A/c Cr.

5. Rs. 1000 cash sales on Waste Machinery
Cash A/c Dr.
To Waste Machinery A/c Cr.

6. Rs. 2500 interest received by cheque
Bank A/c Dr.
To. Interest Received A/c. Cr.

Creating a ledger:
while in a voucher hit "Alt"+"C" to create a ledger (shortcut method)
or Gateway Of Tally,Accounts Info.,Ledger,Create 


for an account like cash, its ledger is already available in tally but for other accounts we need to create ledgers, to create ledgers hit "Alt"+"C"
create Capital A/c under capital a/c
Mr. Kumar A/c under Sundry Creditors
Bank A/c under bank accounts
Interest received A/c and commission received A/c under indirect incomes
Waste machinery A/c under fixed assets

To edit a ledger: 
go to Gateway Of Tally,Accounts Info,Ledgers,Alter, (select the ledger you want to change)

To delete a ledger :
go to Gateway Of Tally,Accounts Info,Ledgers,Alter,(select the ledger you want to delete),(when the ledger is displayed hit "Alt"+"D" and then when the confirmation screen comes hit "Y" or "Enter" to say yes)

deleting company learn tally 7.2 demostration education classes tutorials course purchases sales journal contra godowns debit credit bank money fund financial accounting