Receipt Against Sales (Cash) in TallyPrime: 5 Steps + Example

1. Understanding the Process of Recording Receipt Against Sales (Cash) in TallyPrime

When you receive cash payments from customers for your sales, you need to record these receipts in TallyPrime to update your accounts and track cash inflows.

2. Steps to Record Receipt Against Sales (Cash) in TallyPrime:

1. Go to Receipts Voucher:

Go to Gateway of Tally > Vouchers > Press F5 (Receipt).

2. Enter Party Details:

In the “Party’s A/c Name” field, select the customer’s ledger account.

3. Select Payment Mode:

Choose “Cash” as the payment mode.

4. Bill-wise Details:

• Select the “Select Bill” button.
• Choose the “Sales” bill type.
• Select the specific sales invoice you want to receive payment against.
• Enter the amount received.

5. Save the Voucher:

Press Ctrl+A to save the receipt voucher.

3. Example of Recording Receipt Against Sales (Cash) in TallyPrime:

Let’s say you received Rs. 5,000 in cash from “Customer A” against a sales invoice numbered “INV001”.

1. Create a Receipt Voucher:

Go to Gateway of Tally > Vouchers > Press F5 (Receipt).

2. Enter Party Details:

Enter “Customer A” as the party’s account name.

3. Select Payment Mode:

Choose “Cash”.

4. Bill-wise Details:

• Select “Select Bill”.
• Choose “Sales” as the bill type.
• Select “INV001” as the invoice number.
• Enter “5,000” as the amount received.

5. Save the Voucher:

Press Ctrl+A to save the receipt voucher.

4. Additional Considerations:

• Multiple Payments: If you receive multiple payments against a single invoice, you can record them separately.
• Partial Payments: You can record partial payments against an invoice.
• Adjustments: If there are any adjustments or refunds, you can create a credit note against the sales invoice.

By following these steps, you can accurately record cash receipts against sales in TallyPrime, ensuring that your accounts are updated and your cash flow is tracked effectively.