How to Pass Contra Entries in Tally ERP 9 - Passing Entry in Tally
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How to Pass Contra Entries in Tally ERP 9 - Passing Entry in Tally
ExampleSuppose Rs 5000 cash withdrawn from ICICI Bank ATM on 1 AugustEntry will beCash Dr 5000To ICICI Bank 5000Note:It is a Contra Entry as Cash is debited and Bank is CreditedAlways Pass in Double EntryIt is always better to pass Contra Entries in Double Entry to prevent wrong entriesProcedure fo
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