Reversing Journal Voucher |How To Enter Tally

Reversing Journal Voucher in Tally Complete Information

There are mainly 9 types of accounting vouchers available in Tally, which we use to record the financial transactions done in business, apart from this, we have Reversing Journal Voucher available which we use to record the provision transactions. is done. So let’s go ahead with Reversing Journal Voucher in Tally. How to enter tally? Know about it in detail.

Reversing Journal Voucher in Tally

Reversing Journal Voucher is an important general voucher, in which the entries made are automatically reversed on a specified date, they are available only on the date entered and are reflected in the report, they are used in the final of the financial year. Used to create an account.

In other words, Reversing Journal Voucher is used to do Provision Entry, like Ramesh has to pay ₹ 2000 salary for the month of April, but he will get the salary in the month of May, but this salary is of April which we have to pay in the month of April. It has to be shown, only then the expenditure will be visible in the month of April, so Reversing Journal Voucher is used. If we will enter it directly in the month of May, then the payment will have to be made in the voucher and it will be directly accounted for in the month of May, so Reversing Journal Voucher is used.

Entry of Reversing Journal Voucher will not be visible to us on any Books or will be available to us only on Reversing Journal Register.

• Go to Gateway of Tally
• Display
• Exception Reports
• Reversing Journals.

Reversing Journal Voucher Entry

To use Reversing Journal Voucher in Tally first, we have to activate Reversing Journal Voucher, so let’s activate Reversing Journal Voucher step by step –

1. First of all go to Tally Main Window.
2. Now press the F11 : Features button.
3. F1 : Select Accounting Features.
4. Go to the Budget & Scenario Management section.
5. Now yes to Use Reversing Journals & Optional Vouchers.
6. Save by pressing Ctrl + A button.
7. Go to Accounting Vouchers.
8. Reversing Journals : Press the F10 button.
9. Make Voucher Entry.
10. Now enter the Applicable Upto Date.
11. In this way, save the screen by writing Narration.

After doing the above process step by step, Reversing Journals will be activated, after activation, you can enter in common Reversing Journals in tally.

So let us try to understand Reversing Journals in Tally through example –

Example: – Ramesh working in the organization has to pay ₹ 2000 for the month of April, but in reality he got the salary in the month of May.

In the above example, Ramesh has to pay ₹ 2000 salary for the month of April, mostly we have seen that the salary is given after the month, in this condition the salary given in the country is done in the second month, due to which there is no proper report of the expenses incurred in the business. Due to which it is difficult to make a proper estimate of profit and loss in business, so the solution to this problem is Reversing Journal Voucher in Tally,

As you know, first of all we have to create Ledger and create stock item which has been explained to you in detail in the first Purchase Entry and Sales Entry entry.

Now voucher entry will be done directly –

Example: At the end of the financial year, on the date 31.03.2023, a depreciation of ₹ 1000 is to be applied on the computer.

Friends, I hope you have got information about Reversing Journal Voucher in Tally, if any kind of problem comes, then you must tell us by commenting below so that you can be helped.

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