32 DEPRICIATION EXPENSES ON FIXED ASSET ENTRY USING JOURNAL VOUCHER IN TALLY PRIME
Автор: BRAINY INFORMATION TECHNOLOGY
Загружено: 2025-06-06
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Описание: In Tally Prime, depreciation on fixed assets is recorded using a Journal Voucher. To do this, go to Gateway of Tally Vouchers F7: Journal. Debit the Depreciation Account (under Indirect Expenses) and credit the relevant Fixed Asset Account (under Fixed Assets). For example, to record ₹10,000 depreciation on machinery, debit Depreciation ₹10,000 and credit Machinery ₹10,000. This reduces the asset’s book value and reflects the expense in the Profit & Loss Account. Ensure both ledgers are properly created. Add a narration like “Being depreciation charged for the year.” This entry complies with standard accounting practices.
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