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
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.