Contra Voucher in Tally Prime | Banking Transactions

As per the Accounting Principles, Contra entry means those entries which are affects both cash and bank accounts or related to cash, bank, petty cash is called is contra entry.

● Cash a/c to Bank a/c.
● Bank a/c to Bank a/c.
● Bank a/c to Cash a/c.
● Cash a/c to Cash a/c.
● Cash a/c to Petty Cash a/c.

select contra voucher by pressing F4 Key from your keyboard 

1 Contra Voucher Entry  Cash a/c to Bank a/c.

2 Contra Voucher Entry   Bank a/c to Cash a/c.

3 Entry Contra Bank a/c to Bank a/c.

4 Contra Voucher Entry  Cash a/c to Petty Cash a/c.

Assignment No 1

Record the following Contra Voucher Transactions
1. Opening cash 2,20,000.00

Contra (Cash Deposit) Transaction [F4]

1. 01-04-2022 Deposit cash of Rs 1,00,000 in AXIS Bank.
2. 01-04-2022 Deposit Cash in ICICI Bank of Rs.20,000
3. 01-04-2022 Deposit Cash in ICICI Bank of Rs.25,000

Contra (Cash Withdrawal) Transaction [F4)

1 01-04-2022 Withdrawal of Cash of Rs.10,000 from ICICI Bank vide Cheque No.
2 01-04-2022 Withdraw Cash of Rs.20,000 from ICICI Bank Vide Cheque No.666006
3 01-04-2022 Withdraw Cash of Rs.5,000 from AXIS Bank Ltd.
4 01-04-2022 Withdraw of Cash of Rs.8,000 from ICICI Bank Vide Cheque No.666005

Contra (Fund Transfer) Transaction [F4]

1 17-04-2020 Transfer Rs.25,000 from Cash to Petty Cash.
2 29-04-2020 State Bank of India is transferred to ICICI Bank of Rs.5,000 (F4:Contra)
3 17-05-2020 Amount Collected Axis Bank ltd. transferred to ICICI Bank of Rs.10,000
4 23-05-2020 Transfer Rs.5,000 from Cash to Petty Cash