Vouchers Introductions In Tally

Vouchers Introduction: A Voucher is the primary online document for recording transactions. A voucher is the basic recording document. To input any date into Tally, you must use a voucher. Inputting data through the voucher entry mode may be called creating a voucher or voucher entry. You may create a voucher online on Tally and print it for hard copy and authentication Vouchers/Transactions are used to enter/record a transaction in Tally. Transaction recording and analysis are greatly facilitated by having specific formats for different types of transactions. Tally 9.0 by default provides 18 types of vouchers ( Excluding payroll vouchers introduced in this version) for recording natures of transactions. You can create your own voucher types. For example you can classify payment vouchers for Traveling Expenses, Advance, and Payment to Creditors against Purchase etc. You can easily generate report for Traveling expense alone.

The vouchers are used for recording various transactions. A payment voucher is used for all types of payments, a receipt voucher for all types of money receipts, a sales voucher for recording sales transactions, and so on.

These predefined vouchers fulfill your normal transaction needs. They pertain to both accounting and inventory. Some of these vouchers can also be used differently according to the situation, e.g, sales vouchers can be used as invoice, vouchers can be post-dated, etc. Such use can be decided at the time of voucher entry by selecting the appropriate button.

The predefined voucher types can be displayed as follows:

Gateway of Tally-> Display-> List of Accounts-><CTRL+V> [Voucher Types]

Tally acknowledges the special requirements of some users for more voucher types. These arise in cases like when you need the same voucher but in different names or separate series of numbers.

Example include Cash Payment Vouchers and Bank Payment vouchers where the relevant predefined voucher is Payment Voucher. You may have two or more sets of Sales Vouchers for different kinds of sales transactions e.g. Credit Sales, Cash Sales, etc. 

Voucher Entry: A Voucher is a document that contains details of a financial transaction. For every transaction, you can use appropriate Tally Voucher to enter the details into the ledgers and update the financial position of the company.

Mainly there are two types of Voucher Entry:

    1. Accounting Vouchers

    2. Inventory Vouchers

You can set the configuration for entry to allow only those features, which you require while entering vouchers.

In the Voucher entry configuration, Selectively set only those features to Yes. (This is further explained under advanced usage).

Go to Gateway of Tally-> F12: Configure-> Voucher Entry