contra entry example in tally pdf
Four bills (Central GST bill, integrated GST bill, Union territory GST bill, GST (Compensation of states bills), related to GST became act. Chapter 30: Receipt Entry in Tally. Entry of sales is done in tally in two ways:- 1) As Voucher – It means that bill is not prepared in tally package. See in right side. What is contra entry? Gateway of Tally F12 Product & Features F4 (Manage Local TDL) Select Yes in Load TDL on Start up and give the file name of TCP File. अब Transaction 5.1.2 Payment Voucher (F5) For example, a company settles a creditor's bill by cheque.
Payment 5. 2. OPEN THE TALLY VOUCHER ENTRY AND PRESS (F4)KEY TO USE CONTRA
in bank account
Contra Entry In Tally ERP 9 Posted on June 22, 2016 September 12, 2016 by Saju As per the Accounting Principles, a Contra entry is a transaction involving transfer of cash between one Cash A/c to another or one Cash A/c to another Bank A/c i.e., is a transaction indicating transfer of funds from:
Dr. Cash ...... Amt. PLEASE EXPLAIN DEBIT NOTE & CREDIT NOTE?WITH THE FOLLOWING
Contra entry in tally : आज इस पोस्ट में हम contra entry के बारे में विस्तार से जानेंगे. ‘Before we define contra voucher, let me tell you that this is something we deal day in and out. Deposit into bank or Opened bank account Cr. BANK A/C DR
Therefore the entry will be as under. If a debit entry is recorded in an account, it will be recorded on the credit side and vice-versa. 17/4/2020 Transfer Rs.25,000 from Cash to Petty Cash. Credit the Cash Account. The firm's cash is deposited in the bank. Just read the items written on screen with a concentration. For example, a purchase invoice, a sales receipt, a petty cash docket, a bank interest statement, and so on. Points to Remember A voucher is a document containing the details of a financial transaction. The Contra voucher can be recorded using Double Entry mode where we have the option to select multiple Debits and multiple Credits. Payment. To Cash A/c 500/-. EX.- CASH WITHDRAWAL FROM BANK? You want to enter a purchase voucher.
2. The following will be the journal entry to be recorded in the books of accounts to write-off the asset. 5.1.2 Payment Voucher (F5) For example, a company settles a creditor's bill by cheque. Copyright Policy | FAQ on Tally Shortcut Keys Delivery Entry and Receipt Entry in Tally; Delivery entry vouchers, also known as delivery challans, are one of the basic vouchers for inventory management in Tally ERP 9. Go to Gateway of Tally > Accounting Vouchers; Select F4: Contra from the Button Bar or press F4. you may use F4 or press contra from the voucher entry screen. To select multiple Debit and Credit ledgers in the Double entry mode, set Use Single Entry Mode for Payment/Receipt/Contra to No in F12: Configure.. (ii) He deposited Rs.1,00,000/- cash at ICICI bank. Pass the following Entries :- (i) Sagar started “Sagar Industries Ltd.” by bringing Capital Rs.3,00,000/- Cash. Ex.2- cheque issue to pnb bank 5000
Another interesting topic in Tally is Accounting Entries. cash A/c dr 2000/-
Have you visited your bank and deposited cash into your account? Refer to F12: Configuration in Tally.ERP 9 for more details.
This is useful for entering transactions that take place on a regular basis. Chapter 39 – 64 (PDF for Practice) Chapter 39: Capital Account Group से ATM को Payment और Receipt दोनों में yes कर दे . TDS Features in Tally.ERP 9 Tally.ERP 9’s TDS Feature enables you to handle all the functional, accounting and statutory requirements of your business in an accurate and simplified manner. Chapter 34: Purchase Return Entry. TO Bank A/c 2000/-
Voucher Entry in Tally.ERP 9 85 Go to the Gateway of Tally > Accounting Vouchers > F4: Contra. We hope the above chart will make your data entry easy now. #contraentryintally#contra#contraentryContra entry is used while cash deposite to bank , withdrawn cash from bank and funds transfer from bank to bank. Voucher entry in Double Entry Mode. 1. TALLY-9 PRACTICAL QUESTIONS(SAMPLE) 1. You don’t need to click the tab to reach the designated voucher. Receipt 4. To select multiple Debit and Credit ledgers in the Double entry mode, set Use Single Entry Mode for Payment/Receipt/Contra to No in F12: Configure.. Similarly, for the remaining 9 years, the depreciation is accounted in contra account and in the 10th year, the net value of machinery will be ‘0’ since it is completely written off. For example , You should keep holding the CTRL key and F1 key at the same time to enter the payroll voucher. For every such transaction made, a voucher is used to enter the details into the ledgers to update the financial position of the company. The TDS functionality in Tally.ERP 9 has the following features Simple and … entry :-
Contra. Chapter 36: Debit Note Entry. in bank books
Contra Entry for Cash Account to Bank Account in Tally. To Bank A/c 5000/-
Banking Features पर जाये, Banking in cash a/c
Answers were Sorted based on User's Feedback, THE DEBIT AND CREDIT ASPECT ARE RECORDED OPPOSIT IN CASH
5000/-OPEN THE TALLY VOUCHER ENTRY AND PRESS (F4)KEY TO USE CONTRA Cash A/c Dr. 5000/-To Bank A/c 5000/-(Being Cash Withdrawals from Bank) Till Tally ERP 9 all previous versions support COPY feature by Ctrl + Alt + C and Ctrl + Alt + V for PASTE. 2. ‡ Use Cr/Dr instead of T o/By during entry ‡ W arn on Negative Cash Balance Site Map | Chapter 37: Credit Note Entry. Go to Gateway of Tally > Accounting Vouchers > Select F4: Contra 2. Contra Entry. लिख सकते है, Contra Entry एक प्रकार से Internal Fund Transfer है .इसमें किसी FOR EXAMPLE. 1)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @
Contra 6. There are normally 6 types of entries or vouchers in tally. Tally Narration Hindi Pdf: दोस्तो क्या आप भी Tally के विद्यार्थी है और आपको Tally में Voucher Entry Post करते समय Narrations लिखने में समस्या आती है कि किस Voucher Entry में क्या Narration लिखे? However, there are specialised accounting voucher types for different types of transactions like payments, receipts, sales, purchase, contra, debit note, credit note and so on to ease data entry. Voucher Entry in Tally.ERP 9. WITHDRAWAL AND SECOND IS CASH DEPOSITS IN BANK. Example Suppose Rs 5000 cash withdrawn from ICICI Bank ATM on 1 August Entry will be Cash Dr 5000 To ICICI Bank 5000 Note: It is a Contra Entry as Cash is debited and Bank is Credited Always Pass in Double Entry It is always better to pass Contra Entries in Double Entry to prevent wrong entries Procedure for passing contra entries किया जाता है. 12.5% TO HIS SUPPLIER(CREDITOR),BUT AFTERWORD THEY FOUND
Features से Dr. Cash a/c 2,000/-
See in right side. : Bank allocation के बाद आता है narration . Balance Sheet with Contra Account for 1st Year. In the dual entry accounting system, a contra entry is an entry which is recorded to reverse or offset an entry on the other side of an account. Cr. Go to Gateway of Tally > Accounting Vouchers. for e.g. Journal entry in Tally.ERP 9 is one of the simplest things which one can do without any serious efforts if the person knows a little bit of basic rules of accounting Though most of the people feeling unnecessary confusion in Journal Entry itself. Ex.2- cheque issue to pnb bank 5000
Chapter 35: Sales Return Entry. दोस्तो अगर आप Contra Voucher की Various Entries को PDF file मे download करना चाहते है, तो आप नीचे दिये गए Click here के बटन पर click करे और File को download करे। TDS Features in Tally.ERP 9 Tally.ERP 9’s TDS Feature enables you to handle all the functional, accounting and statutory requirements of your business in an accurate and simplified manner. entry mode से Students […] 3. This includes copy-paste, f1 to f12, tally 7.2 shortcut keys, and more. It's means Cash Withdrawl & Cash Deposit. Bank Dr. Cash F5 Payment: Record all bank and cash payments. what is meant by cash inflow and outflow and differences. Tally erp 9 book pdf download- Hello everyone, in this article we will discuss the most sought book to learn tally ERP9 with GST book pdf. Bank.......amt. To view Contra Voucher creation screen in Single Entry mode, 1. Cash/bank (in case cheque) For every such transaction made, a voucher is used to enter the details into the ledgers to update the financial position of the company. Reply of your all question relating to voucher entry is available here. Like Cash deposited into your bank account, Cash withdrawals from your bank account either from Cheque / DD / ATM or any other media and also you can make entry to transfer amount from one bank account to another bank account using this voucher. There are normally 6 types of entries or vouchers in tally Purchase Sales Receipt Payment Contra Journal We have to Select Correct type of voucher/Entry Only then we can pass the entry . This feature of Tally.ERP 9 will be used most often. Contra Entry according to me is, If a transaction requires entries on both the debit and the credit sides simultaneously, it is called 'Contra entry'. Purchase. This is the top list of shortcut function keys for tally erp9. Example Suppose Rs 5000 cash withdrawn from ICICI Bank ATM on 1 August Entry will be Cash Dr 5000 To ICICI Bank 5000 Note: It is a Contra Entry as Cash is debited and Bank is Credited Always Pass in Double Entry It is always better to pass Contra Entries in Double Entry to prevent wrong entries Procedure for passing contra entries Copy the TCP file in Tally.ERP9 Folder. There are lots options available.
जब Cash Account से Petty Cash, Cash Account से Bank Account, Bank Account से Cash Account या फिर एक Bank Account से दुसरे Bank Account में Fund Transfer किया जाता है तो उनके Transaction को Record करने के … Hi friends, can you please send me GENPACT's Accounts Test
either debt or equity? 83 Lesson 5: Voucher Entry in Tally.ERP 9 In accounting terms, a voucher is a document containing the details of a financial transaction. PLEASE SEND ME WHAT IS ENTRY OF CHEQUE DISHOUNER, What is the procedure to become charted accountant in India now. affected then contra entry arises. word का meaning होता है विरूद्ध ,opposite. Did you transfer money from one bank account to another account of yours? Like Cash deposited into your bank account, Cash withdrawals from your bank account either from Cheque / DD / ATM or any other media and also you can make entry to transfer amount from one bank account to another bank account using this voucher. 17/5/2020 Amount Collected Axis Bank ltd. transferred to ICICI Bank of Rs.10,000. TALLY-9 PRACTICAL QUESTIONS(SAMPLE) 1. 29/4/2020 Amount Collected through State Bank of India is transferred to ICICI Bank of Rs.5,000 (F4:Contra) 3. Hence We should know what type of voucher to be selected. ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS? (Being the cheque issue to PNB Bank), When both Cash & Bank account affects at a time them contra
(ii) He deposited Rs.1,00,000/- cash at ICICI bank. (Being Cash Withdrawals from Bank)
Dealing with contra entry in tally is very easy. entry is pass :
To select Multiple Debit and Credit ledgers in the Double entry mode, set Use Single Entry Mode for Payment/Receipt/Contra to No in F12: Configure. voucher ओपन This key is used to add contra entry. OPEN THE TALLY VOUCHER ENTRY AND PRESS (F4)KEY TO USE CONTRA
Voucher Entry in Tally.ERP 9 Go to the Gateway of Tally > Accounting Vouchers > F4: Contra. This key is used to enter payment entry. F:11 बटन type में Different Types of Entries in Tally There are normally 6 types of entries or vouchers in tally 1. Entering in Double Entry Mode. Thanks in advance. Read more about debit and credit rules for better understanding of debit and credit accounting heads. Use a Contra V oucher to record the entry. Voucher Entry in Tally.ERP 9. Explain briefly? Like accounting voucher in Tally, there are inventory vouchers in Tally that help in efficient management of consignments and transaction of goods and services. Chapter 30: Receipt Entry in Tally. • Easy maintenance of bulk Receipts, Payments & Contra Vouchers. Questions. Chapter 32: Contra Entry in Tally. You will use the following keys to enter the required voucher entry screen in the tally ERP 9.0. Journal. Chapter 36: Debit Note Entry.
What should be considered as best in the company's view
The TDS functionality in Tally.ERP 9 has the following features Simple and … Important!
Cash 2,000/- withdrawn from bank for petty cash,
dr cash, THE DEBIT AND CEIEDT TRANSACTION ARE RECORDED IN OPPOSITS
Receipt. (Being Cash Withdrawals from Bank)
All Rights Reserved. The accountant prepares the voucher with the help of sales bill then he enters the voucher tally accounting software. 83 Lesson 5: Voucher Entry in Tally.ERP 9 In accounting terms, a voucher is a document containing the details of a financial transaction. Gateway of Tally F12 Product & Features F4 (Manage Local TDL) Select Yes in Load TDL on Start up and give the file name of TCP File. Select F4: Contra from the Button Bar or press F4.
SIDE IN THE CASH BOOK THAT IS CALLED CONTRA ENTRY. Through this article, we are providing the e-Books, PDF & Notes of Accounting Entries in Tally ERP 9, Download Links, etc. Copyright © 2005-2019 ALLInterview.com. As per accounting rules, any transaction indicating the transfer of funds from cash account to bank account; bank account to cash account and bank account to bank account is referred to as a Contra Entry. To Bank A/c 5000/-
Did you withdraw cash from ATM? Contra voucher is an important accounting voucher. करे, F2 बटन से contra For every such transaction made, a voucher is used to enter the details into the ledgers to update the financial position of the company. Contra entry means Bank to bank Transaction. As per the Accounting Principles, a Contra entry is a transaction involving transfer of cash between one Cash A/c to another (e.g. QUESTION? Gateway of Examples of contra entry. CONTRA ENTRY IS ARISED ONLY ON TWO TIMES ONE IS CASH
Paid or Give Dr. Cr. Chapter 35: Sales Return Entry. Financial Statements and Reports. Contra voucher is an important accounting voucher. For example, a purchase invoice, a sales receipt, a petty cash docket, a bank interest statement, and so on. if Cash Deposit in bank for Rs. Download Accounting Entries in Tally PDF – Notes & e-Books. Usually, the contra entries will appear in the following occasions. contra entry एक प्रकार की एकाउंटिंग एंट्री है, contra entry के लिए टैली में F:4 key का प्रयोग TO CASH A/C
को The Contra voucher can be recorded using Double Entry mode where we have the option to select multiple Debits and multiple Credits. 5.1.2 Payment Voucher (F5) For example, a company settles a creditor's bill by cheque. For example, a purchase invoice, a sales receipt, a petty cash docket, a bank interest statement, and so on.
SIDE IN THE CASH BOOK THAT IS CALLED CONTRA ENTRY
FOR EXAMLE CASH DEPOSITED IN BANK CONTRY ENTRY IS
CONTRA ENTRY – DOUBLE ENTRY MODE To select multiple Debit and Credit ledgers in the Double entry mode, set Use Single Entry Mode for Payment/Receipt/Contra to No in F12: Configure.
What will the entry
Pass the following Entries :- (i) Sagar started “Sagar Industries Ltd.” by bringing Capital Rs.3,00,000/- Cash. Delivery Entry and Receipt Entry in Tally; Delivery entry vouchers, also known as delivery challans, are one of the basic vouchers for inventory management in Tally ERP 9. Because Tally must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Tally, and Tally cannot guarantee the accuracy of any information presented after the date of publication. Chapter 31: Payment Entry in Tally.
WITHDRAWAL AND SECOND IS CASH DEPOSITS IN BANK, .- CASH WITHDRAWAL FROM BANK? Contra entry in tally : आज इस पोस्ट में हम contra entry के बारे में विस्तार से जानेंगे. All the above-mentioned transactions are contra entry. Chapter 31: Payment Entry in Tally. में Copy the TCP file in Tally.ERP9 Folder. Contra Entry In Tally ERP 9 Posted on June 22, 2016 September 12, 2016 by Saju As per the Accounting Principles, a Contra entry is a transaction involving transfer of cash between one Cash A/c to another or one Cash A/c to another Bank A/c i.e., is a transaction indicating transfer of funds from: 2. CONTRA ENTRY IS ARISED ONLY ON TWO TIMES ONE IS CASH. You don’t need to click the tab to reach the designated voucher. 5000/-
The entry will be displayed as shown: 3. when your accounts are effected from cash and bank or BANK
Voucher Entry in Tally.ERP 9 Go to the Gateway of Tally > Accounting Vouchers > F4: Contra. TO BANK A/C
की तारीख डाले, Single Adjustment entry Auto populated in GSTR 3 Table 8 Up on GSTR -2 Transfer to Credit Ledger Dr ITC CGST Ledger A/c Dr ITC SGST Ledger A/c Dr ITC IGST Ledger A/c Cr Input CGST A/c Cr Input SGST A/c Cr Input IGST A/c ( CGST = 9,000 + 450 SGST = 9,000 + 450 IGST = 2,700 + 4800) 9,450 9,450 7,500 9,450 9,450 7,500 GSTR 2 Adjustment entry The sale bill is made either made manually or in some other software. As per accounting rules, any transaction indicating the transfer of funds from cash account to bank account; bank account to cash account and bank account to bank account is referred to as a Contra Entry. Payment Voucher Description Records all bank and cash payments Voucher Entry Account Amount Amount
As a best practice it is advisable to back up your company data Installation 1. THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW
BANK A/C DR. TO CASH A/C. when your accounts are effected from cash and bank or BANK AND BANK THEN YOU USE TO CONTRA ENTRY IN TALLY !! Recording Contra Entry in Single Entry Mode The Contra Voucher can be recorded using Single entry mode or Double Entry mode .. To toggle between Single Entry and Double Entry mode, we need to change the setting Use Single Entry mode for Pymt/Rcpt/Contra to Yes/No in F12: Configure . You want to enter a purchase voucher. Multiple ledger in Tally prime . Figure 5.1 Contra Voucher Press Y or Enter to accept the screen. Figure 1.2 Vertical Balance Sheet with Working Capital. contra entry एक प्रकार की accounting entry है.contra entry का उपयोग क्यों और कब होता है इस बारे में हम जानेंगे. cash withdraw in bank
to bank a/c
Select F4: Contra from the Button Bar or press F4. cr bank
CASH A/C DR. TO BANK A/C. If you have done any of the above-mentioned events, you got to record it as contra entry. Features से Click on the image to see it clear.
CASH A/C DR
Create a Company as “Sagar Industries Ltd.” in Tally with inventory management. Cash Deposited to SBI A/c No # 651 Rs 100000.00; This means that cash is moving from cashier to bank account. b. Contra voucher allows you to make an entry which is related to cash and bank both. As per the accounting practice of journaling, you can record all transactions using Journal Vouchers in TallyPrime. Contra Entry for Bank Account to Another Bank Account in Tally e.g :-
Chapter 34: Purchase Return Entry. Figure 5.1 Contra Voucher Press Y or Enter to accept the screen. Cr. Pnb bank a/c dr 5000/-
in Feb 1st 2009. Just read the items written on screen with a concentration. To Bank A/c 5000/-
Set/Alter transaction Types को yes करे.
डालने के बाद Bank Allocation window में Transaction का विवरण डाला जाता है, Narration Post-dated Vouchers are ignored by T ally.ERP 9 until the date in question. cash a/c dr
in bank books
से Accounting Features पर क्लिक करे, Accounting THE DEBIT AND CEIEDT TRANSACTION ARE RECORDED IN OPPOSITS. To Bank A/c 5000/-
There are lots options available. 12.5% TO HIS CUSTOMER(DEBTOR),BUT AFTERWORD THEY FOUND THAT
to cash a/c. What are all the items come under P&L and Balance sheet? Dr. Bank.......Amt. Important! Sales. What is Contra Voucher - Contra Voucher kya hai. To, bank a/c 2,000/-, if cash withdral from bank for Rs. Select this icon with the help of mouse or press ‘F4 key’. AND BANK THEN YOU USE TO CONTRA ENTRY IN TALLY !! F5 : Payment. Voucher entry in Double Entry Mode. We have to Select Correct type of voucher/Entry Only then we can pass the entry .
BANK A/C DR
दबाये या वर्टिकल बटन बार से F:11 Features पर क्लिक करे, Company This document is for informational purposes only. Refer to F12: Configuration in Tally.ERP 9 for more details. In this entry we are depositing cash in the bank. Therefore the Cash Account is credited and Bank Account is debited. एंट्री करने पर account column में cash a/c सेलेक्ट करे और Particular 5000/-
One of those options is ‘F4 – Contra’. For example, to transfer funds from Cash Account to Bank Account: Debit the Bank Account.
यहाँ transaction से जुड़े Narration Contra entries are those entries in which same account can be debited and credited in contrary situation.For example we debit Bank account when depositing cash.At the same time we credit bank account when withdrawing money from bank. third party का व्यव्हार नहीं होता. #contraentryintally#contra#contraentryContra entry is used while cash deposite to bank , withdrawn cash from bank and funds transfer from bank to bank. Sales 3. cash deposited into bank. You will use the following keys to enter the required voucher entry screen in the tally ERP 9.0. Contra Entry Example in Tally Pdf Download कैसे करे? Accounting Package - Tally Page 9 of 90 F4 Contra: Records funds transfer between cash and bank accounts. 2)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @
Purchase 2.
Cash A/c Dr. 5000/-
Contra voucher allows you to make an entry which is related to cash and bank both. 2. Figure 5.1 Contra Voucher Press Y or Enter to accept the screen. Please answer this is urgent. Chapter 39 – 64 (PDF for Practice) Chapter 39: Capital Account Group Points to Remember A voucher is a document containing the details of a financial transaction. 5.1.12 Post-dated Vouchers. Cash Dr. Bank Withdraw form bank Cr. Cash ......Amt. • Easy maintenance of bulk Receipts, Payments & Contra Vouchers. टैली में contra Rent paid rs 2000 in Jan and feb 2009. e.g.1. TO CASH A/C, from bank to bank transactions or cash to bank transactions
Features मेनू Hence We should know what type of voucher to be selected Students searching for the Notes & e-Books of Accounting Entries now at the right place. Entering in Double Entry Mode EX.- CASH WITHDRAWAL FROM BANK? Contra Entry में इसमें कंपनी की पूंजी व्यवहार के बाद भी कंपनी की ही होती है. Accounting Entry. Create a Company as “Sagar Industries Ltd.” in Tally with inventory management.
Bank a/c dr
Terms of Service | Pnb bank a/c dr 5000/-
Cash A/c Dr. 5000/-
More Accounting AllOther Interview Questions, For more Accounting AllOther Interview Questions. 36. GST (Goods and Services tax) was finally declared applicable by Indian government from 1 July 2017. Bank A/c dr 5000/-
2000
Refer to F12: Configuration in Tally.ERP 9 for more details. 35. THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY
Setup : In Voucher entry mode, press F12: Contra Configuration and set the following to Yes: ‡ Skip the Date field in Create Mode (faster entry!) contra entry एक प्रकार की accounting entry है.contra entry का उपयोग क्यों और कब होता है इस बारे में हम जानेंगे.
Chapter 27: Sales Interstate Exempted Entry. For example , You should keep holding the CTRL key and F1 key at the same time to enter the payroll voucher. Chapter 37: Credit Note Entry. Go to Gateway of Tally > Balance Sheet > press F12and set 'Show Vertical Balance Sheet' and 'Show Working Capital figures' to 'Yes' > press Alt+F1.
FOR EXAMPLE
For example, if you pay for something by instalments, youcan set-up the payments in advance, and Tally.ERP 9 will only enter them in the ledgers as and when they fall due. The above-downloaded tally shortcuts pdf file can be opened in an acrobat reader.
Refer to F12: Configuration in Tally.ERP 9 for more details. a. Chapter 27: Sales Interstate Exempted Entry. are enter as contra onlyin tally versions, contra entry only for tally software!!!! TALLY MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS DOCUMENT. Contact Us. Log in, Mahadev status 2 line ,Mahadev shayari in hindi. Reply of your all question relating to voucher entry is available here. 5000/-
One of those options is ‘F4 – Contra’. As a best practice it is advisable to back up your company data Installation 1.
BOOK THAT IS CALLED CONTRY ENTRY
(Being the cheque issue to PNB Bank), when in a transaction both cash and bank accounts are
Tally prime me ledger kaise banaye ? When an account is opened with a bank. Like accounting voucher in Tally, there are inventory vouchers in Tally that help in efficient management of consignments and transaction of goods and services. That is because of lack of knowledge of accounting rules and lack of a guidance from a professional and experienced mentor Chapter 32: Contra Entry in Tally. In the contra entry, I have transferred or deposited Rs.500 in the Bank. Select this icon with the help of mouse or press ‘F4 key’. Contra THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS? The best example of this is the COPY & PASTE shortcut key.