What is Use of Reversing Journal(F10)& Optional
Voucher(Ctrl+L) in Tally erp9?
Answer Posted / sagar moharana
1.Reversing Journals are special journals that are
automatically reversed after a specified date. They exist
only till that date
and are effective only when they are included in reports.
These are used in interim reporting in the course of the
financial
year where accruals are to be reported. These accruals are
usually short term and are cleared in the subsequent period.
However, to get a proper perspective, decision makers
require the reports with full impact of all aspects and
transactions.
2.This is also a non-accounting voucher. Unlike a Memo
voucher, this is not a separate voucher type. You can mark
an existing voucher (for example, a payment voucher or a
receipt voucher) as Optional. Press CTRL + L or click on
Optional from the Button Bar. This button toggles with
Regular. By marking a voucher Optional, the voucher does not
get posted anywhere but remains in the Optional Register.
Is This Answer Correct ? | 40 Yes | 8 No |
Post New Answer View All Answers
Explain what is the disadvantage of double entry system?
how pass journal entry in the month ending for input vat and out put vat
examole of cash to cash contra entry
What is Prepaid Entry
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
If closing stock is given in adjustments, how we show in tally 9.0 ?
What is the basic accounting equation?
What are the purposes of maintaining control ledgers?
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
salary and rent entry with tds deduct
What information is included in a bill for services?
how to calculate basic to gross salary