Creating a Journal Entry

Journal entries are usually used for finalization of accounts.

To pass a Journal Voucher,

Go to Gateway of Tally > Accounting Vouchers

• Click on F7: Journal on the Button Bar or press F7.

For example, there may be entries made for interest accrued or interest due. If you have to receive Interest from a party, the same can be entered using Journal Voucher.

1. Debit the Party

2. Credit the Interest Receivable Account

The Journal entry is displayed as shown:

Special Keys for Voucher Narration Field:

• ALT+R: Recalls the Last narration saved for the first ledger in the voucher, irrespective of the voucher type.

• CTRL+R: Recalls the Last narration saved for a specific voucher type, irrespective of the ledger.