A Journal Entry is used to record a business transaction in the accounting books of a business which is usually recorded in General Ledger as well as in Subsidiary Ledger. Journal Vouchers are used to adjust the debit and credit amounts with no involvement of cash or bank accounts. Thus, they are referred to as adjustment entries. Journal Voucher includes entries of discounts, brokerage, general expenses and expenses related to company i.e. Post and Courier Charges, Stationery, Telephone, Traveling Expenses etc.
Whenever there is a discount or promotional offers in Sales or Purchase like Buy One Get One offer, discounts at the time of launch of a product, etc a Voucher Entry is recorded. At the time of discounts, there a lot of entries that needs to be recorded so Xcel2tally assists you to import all the entries into Tally completing the work in a fast and precise manner.
Create your Xcel2Tally account Now, and start converting your excel based sales, purchase, GST, vouchers entry in to Tally in few minutes, Yours hours of work can be done with few clicks.