How do I pass a cheque bounce entry in Tally.ERP 9?
I had passed a Receipt entry for the payment received from my debtor. But the cheque issued by the debtor has bounced. How do I handle the cheque bounce scenarios in Tally.ERP 9?
Pass a reversal entry using a Payment voucher as follows:
Dr. Debtor's A/c
Cr. Bank A/c
1. A separate voucher type named Cheque Bounce under Payment voucher can be created to track cheque bounce entries.
2. You may also pass the reversal entry using a Journal voucher, by enabling the option Allow Cash Accounts in Journal in Journal Configuration.