Question

Describe the uses of following voucher types in tally:

1. F4
2. F6
3. F7
4. F9

Answer 1

Voucher Types	Its Uses
1. F4 (Contra)	Cash deposited in Bank. Cash withdrawn from Bank. Transfer from one Cash A/c to other Cash A/c. Bank to Bank Transfer.
2. F6 (Receipt)	There can be only two types of receipts. Cash Receipt and Bank Receipt Both these receipts has to be entered here. Debit item of Receipt Voucher will always be either Bank or Cash. There can be two modes, Single Entry Mode or Double Entry Mode.
3. F7 (Journal)	This voucher is used for non - cash transactions. E.g. Depreciation, provisions, transfer entries, purchase of fixed assets on credit. Journal voucher should not be used for credit sales or credit purchases.
4. F9 (Purchase)	This voucher type is used for both types of purchases, credit as well as Cash. There can be two modes, "As Invoice" or "As Voucher". Party's A/c name means ledger to be credited.