A Payment Voucher in TallyPrime is used to record any payments made by your business. These payments can be made via cash, bank transfer,UPI, cheque, RTGS, NEFT, or other methods. It ensures that all outgoing payments are properly documented, keeping your financial records accurate and organized.
TallyPrime is an all-in-one accounting software that simplifies managing financial transactions for businesses. Among its many features, the Payment Voucher plays a key role in recording payments made to suppliers, employees, or other parties.
For example, if you pay your electricity bill, issue a cheque to a supplier, or settle employee salaries, these transactions can be recorded using a payment voucher.
Examples of Payments You Can Record:
- Payment to suppliers
- Payment of rent or electricity bills
- Payment of salaries or wages
- Repayment of loan
- Cash withdrawal from bank
- Advance payment to parties
Click on Vouchers
Select Party
Enter Payment Amount
Select oe Enter Related Information
Bill No. Select if payment agst
After selected
from Where payment made
Payment made from bank
Cheque details or reference details
and accept it
now check reports
See balance Sheet
Current Liability
Following are current liabilities
Payment Voucher Is Used To Account All The Payments Made By The Company By Way Of Cash/Bank. Payment Voucher Can Be Passed Using Single Entry Or Double Entry Mode.
Gateway of Tally >> Vouchers >> Payment
- 1. 5,48,296.00 Paid to Bala Ji Pvt Ltd Against Bill No PO001/Feb-23 by cash
- 2. 10,91,232.00 Paid to Basant Mobile Communication against bill 3 by cash
- 3. 26,36,926.00 Paid to Mehta Mobile Marketing against bill 4 by cash
- 4. Paid to Sangam Pvt Ltd against bill no 1 by cash
Payment vouchers in TallyPrime are essential for documenting all payments made by your business. By following the easy steps outlined above, you can manage your payments efficiently, ensure accurate accounting, and stay compliant with tax regulations.
Start using payment vouchers in TallyPrime today and simplify your payment tracking process!