Personal Insurance Entry In Tally

What is the journal entry for insurance premium payment of a company. ALLInterview.com. Categories | Companies ... Insurance a/c dr To Cash/bank a/c ... how to make conversions from tally to ms excel sheet like profit & loss a/c and balance sheet & trial balance .. You can record an expense using a purchase voucher. This will auto-calculate the GST amounts. To Record an Expense using a purchase voucher. 1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases > I : Accounting Invoice . 2. Select the party ledger, and then the expense ledger, along with the tax ledgers, and save.. For each allocation, a different range can be chosen or the same cheque range can be chosen. When the same range is chosen, the subsequent cheque numbers will be automatically filled in Instrument Number field. Once Bank Allocations are done, accept the Payment voucher by pressing Y or Enter , or by clicking on Yes ..

So, in the FY 2009-10 two months insurance premium will be shown as advance payment of expenses (Pre paid Expenses under the group loans and advances or current assets) and on the first day of the next year (FY 2010-11 in this case) prepaid insurance expenses entry which was made on 31st March, 2009 is required to be reversed.. Learn Bank Loan and EMI Accounting Entries in Tally ERP 9 with GST, how to post Loan installment Entry, how to calculate Loan EMI in Excel and post journal entries in tally with gst, learn what is .... how we enter insurance claim entry in tally. ALLInterview.com. Categories ... if any thing happend to material or asset we claim to insurance.the entry is Loss on asset or material A/c ..dr (Asset) to ... 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use..

Mr A has taken personal loan of Rs 1,50,000/- from Bajaj Finance for has personal use. and during the year he has repay loan amount Rs12500/- form has HDFC Bank. What is Accounting Entry of thi whole Transaction in Tally.??? Plz Reply Expert????.