Process to Create Journal Voucher in the Billing General Setup in MargBooks

• Example: -Suppose a business has earned a Net Profit of ₹50,000 at the end of the financial year. To transfer the profit to the proprietor's Capital Account, the following Journal Voucher entry will be recorded - Debit Ledger: Profit & Loss A/c – ₹50,000 and Credit Ledger: Capital A/c – ₹50,000

• Go to Accounting Transaction > Journal.

• Click on ‘Create/F2’ button.

• In 'Date' option, the user will enter the transaction date of the Journal Voucher and press 'Enter' key.

• The user will select 'Dr' for debiting the ledger and press ‘Enter’ key.

• The user will select the ledgers that needs to be debited and press ‘Enter’ key.
• User will select 'Profit & Loss' ledger.

• Then, the user will enter the amount under the Debit column.
• Suppose mention ‘50000’.

• Now, the user will select the ' Capital Account' ledger on the 'Credit side'.

• The user will enter the ‘Narration’ under the Narration field as per the requirement and click on ‘Save’ button.

After following the above steps, the user can successfully create and save a Journal Voucher in the Billing General Setup in MargBooks.