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When a company buys goods on credit or cash, Purchase voucher is used to record all the Purchase transactions of the company.
To pass a Purchase Voucher:
Go to Gateway of Tally > Accounting Vouchers
Click on F9:Purchase on the Button Bar or press F9.
For example, if you are purchasing goods from Supplier A for a value of Rs. 10000/-
a) Debit Purchase Account
b) Credit Party Account
Stan Ventures.Pvt.Ltd is a Chennai, Indian based financial accounting Software company that currently sells into more than 100 coutnreies beyond its native India including the United Kingdom, Bangladesh and the Middle East.