ExamVeda
Login
Home
This question belongs to Computer Fundamentals Tally
Tally
?

Where do we record credit purchase of furniture in Tally

Answer & Solution
Correct Answer: Option A
To account a fixed asset purchase in tally, normally we use journal voucher in earlier versions of tally. But now you can use purchase voucher to enter purchase of fixed assets in latest versions of tally ERP9.
To activate fixed asset purchase in purchase voucher,
Gateway of Tally > F12 Configure > Voucher Entry
Allow expense/fixed assets in purchase vouchers : Yes
Examveda
Question posted by Examveda
Community

Join the Discussion

2 Comments
Roshni Agrawal
Roshni Agrawal 7 years ago
Cash sales is recorded in sales na why it should be recorded in journal ???
Gokul Mn
Gokul Mn 8 years ago
What is the reason for record the credit purchase in journal