Overview Of Contra Voucher In Marg ERP Software

Process To Create Contra Entry In Marg ERP Software

Overview Of Contra Voucher In Marg ERP 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 ERP Software

• Go to Accounts > Voucher Entry > Contra.

• The user will mention the Date as per the requirement.
• Suppose mention '18-08-2026'.

• 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 '1000'.

• The user will select any other Bank if it is transferred.
• Suppose select 'Cash'.

• Now mention the desired Narration for the records.

• Click on 'Save' to save the Contra Entry.

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