Difference between revisions of "Aakash-Business-Tool/C2/Create-Transaction/English"

Learning Objectives

• Contra Transaction
• Journal transaction

• Receipt transaction

System Requirements

• ABT 1.0
• Android 4.2

Prerequisites

For this tutorial, you must be familiar with:

• The principles of book keeping.
• How to run and start ABT
• How to Create a New Organization

If not, for relevant tutorials please visit http://spoken-tutorial.org

• We are now on the master menu of ABT
• Let us select Transaction option

To record transaction in ABT, follow the below steps:

• Tap on Create Voucher tab

• Contra
• Journal
• Payment
• Receipt
• Debit Note, Credit Note,Sales, Sales Return, Purchase, Purchase Return.

• ABT populates drop down of account name by voucher type rule

• In contra, it filters account names that comes under contra and fill them in the drop down.

• Let us select Contra from Voucher type

• As we all know, in Contra transaction we can use accounts with Sub-group Cash and Bank.

• As an example, consider a Contra transaction for Cash deposit to SBI bank Rs.2000 on 01-04-2011

• For recording a Contra transaction, we should create three accounts first with account names SBI and Cash which we created in the Account Management tutorial

• ABT sets financial date as Voucher date
• If the date was changed during previous transaction, new date is set as default

• As there are no projects created, the default project is No project
• We will learn to create projects in the next tutorial

• The default account type for the first row is debit

• We can change it as per our need

• We will keep it as it is for now

• We will automatically see closing balance in the field i.e 5000
• Note,closing balance is read only field

• Now we will enter amount for the transaction say 2000

• We will choose Cashas credit account

• We will find the amount tallies by default

• There is difference between Voucher number and Voucher reference number.
• There can be many vouchers with same voucher reference number but there must be voucher with unique voucher number
• Voucher number must be unique as vouchers are meant for different purposes.

• Narration is also a mandatory field
• We will enter Being cash deposit into Bank in narration

• Let us select voucher type as Journal
• Journals are simply debits and credits in chronological (date) order.
• The purpose of journals is to keep a day-to-day record of a business and its transactions.

• We have already created accounts for this transaction
• Let us consider Sales receipt

• Now here we will learn multiple entries in a transaction
• Press the plus button on the right

• Let us write narration as Being cash sales made
• Tap on save button

Slide 5

Summary

• A Contra Transaction

• A Journal transaction

• A Receipt transaction

Assignment

As an assignment, Please record

Create a payment receipt.

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