What are the different types of vouchers in Tally?

Types of Vouchers in Tally

In Tally, vouchers are essential for recording various transactions. There are several types of vouchers in Tally that serve different purposes:

1. Payment Voucher: Used to record payments made to suppliers, creditors, etc.
2. Receipt Voucher: Used to record cash or check receipts from customers, debtors, etc.
3. Journal Voucher: Used to record non-cash transactions like adjustments, depreciation, etc.
4. Contra Voucher: Used for transactions involving bank accounts like funds transfer, cash deposits, etc.
5. Sales Voucher: Used to record sales transactions.
6. Purchase Voucher: Used to record purchase transactions.
7. Memorandum Voucher: Used for recording transactions temporarily without affecting accounts.

Understanding and using these different types of vouchers in Tally will help in accurately maintaining financial records and reporting.