Introduction to Contra Voucher

As per the Accounting Principles, a Contra entry is a transaction involving transfer of cash between one Cash A/c to another or one Cash A/c to another Bank A/c i.e., is a transaction indicating transfer of funds from:

●      Cash account to Cash account

●      Cash account to Bank account

●      Bank account to Cash account

●      Bank account to Bank account

To view the Contra Voucher Entry Screen,

●      Go to Gateway of Tally > Accounting Vouchers

●      Select F4: Contra from the Button Bar or press F4.

Click on the following links for more:

●      Creating Contra Entry in Single Entry Mode

●      Creating Contra Entry in Double Entry Mode

●      Use Payment / Receipt Voucher as Contra

Note: Use the options available in the Button Bar for more additional features and navigation.