Maintaining Bill-wise Details of all Receivable and Payable of Bills in Tally.ERP9

If you want to maintain Party wise Bill details (sundry debtors / sundry creditors) of all receivable and payable of bills from the party ( for example, acceptance of Bill, Payment of Bill, Pending Bill, Overdue Bill, etc. ) you can use this option.

Gateway of Tally.ERP > Accounts Info > Ledger > Create

Example : Debtors statement ( ABC Solutions & Co.) as below :

Step-1                  

Step-2

Create you Ledger. Select the (Billwise details) option at the time of Ledger creation
Gateway of Tally.ERP > Accounts Info > Ledger > Create

In case a ledger has already been created, modify it at the entry time with CTRL+ Enter to activate the option.

Step-3

Record the transaction from accounts voucher.

Gateway of Tally.ERP > Accounting Voucher > Sales

Method of adjustment :

• Advance : This method is used for payment without any previous due arisen to the party.

• Against Ref : Is used for adjustment against any existing dues.

• New Ref :  Is used for creating any dues.

• On Account :  For lump sum amount.

Step-4
Record the Receipt Transaction from accounts voucher.