Overview of Contra Voucher Creation in Marg Software

Process to Create Contra Entry in Marg Software

OVERVIEW OF CONTRA VOUCHER CREATION IN MARG SOFTWARE

• Contra Transactions are basically those transactions which affect both the cash and bank ledgers and their entries needs to be posted to both cash and bank accounts.
• This includes transferring cash from one bank to another, withdrawing from bank, depositing in bank and transferring of cash to petty cash. 

PROCESS TO CREATE CONTRA ENTRY IN MARG SOFTWARE

• Go to Accounts > Voucher Entry > Contra.

• A 'Contra Voucher' window will appear.
• The user will mention the Date as per the requirement.
• Suppose mention '13-07-2018'.

• A 'Ledgers' window will appear.
• The user will select the particular ledger as per the requirement.
• Suppose select 'Bank of Baroda'.

• Now the user will mention the amount as per the requirement.
• Suppose mention '2000'.

• Again a 'Ledgers' window will appear.
• The user will select any other Bank if it is transferred.
• Suppose select 'Cash'.

• Now mention the desired Narration for the records.

• Press 'Enter' key and click on 'Save' to save the Contra Entry.

After following the above steps, the user can create Contra Entry in Marg Software.