On Receipt of service bill from the Job Worker, Principal Manufacturer will make the payment towards bill received.
Example: On 8-1-2011, ABC Company made payment of Rs. 42,000 through cheque to Mega Manufacturer towards the Job Work bill - 4587/10-11
Record the Transaction in Payment Voucher
Go to Gateway of Tally > Accounting Vouchers > F5: Payment
Enter the Date as 8-1-2011
In Debit field select Mega Manufacturer ledger to whom the payment is made
In Debit Amount field enter Rs. 42,000
In Bill-wise details screen select the bill towards which the payment is made
In Credit field select the Bank/Cash ledger depending on the mode of payment. Amount will be displayed automatically.
In Bank Allocation screen enter the Cheque Number through which the payment is made
The completed Payment Voucher appears as shown:
Press Enter to save
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