What is Use of Reversing Journal(F10)& Optional
Voucher(Ctrl+L) in Tally erp9?
- 4 Answers
- 27912 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sagar moharana
1.Reversing Journals are special journals that are
automatically reversed after a specified date. They exist
only till that date
and are effective only when they are included in reports.
These are used in interim reporting in the course of the
financial
year where accruals are to be reported. These accruals are
usually short term and are cleared in the subsequent period.
However, to get a proper perspective, decision makers
require the reports with full impact of all aspects and
transactions.
2.This is also a non-accounting voucher. Unlike a Memo
voucher, this is not a separate voucher type. You can mark
an existing voucher (for example, a payment voucher or a
receipt voucher) as Optional. Press CTRL + L or click on
Optional from the Button Bar. This button toggles with
Regular. By marking a voucher Optional, the voucher does not
get posted anywhere but remains in the Optional Register.
| Is This Answer Correct ? | 40 Yes | 8 No |
Answer / arnab bhattacharya
1.Revesing Journal is used in tally to reverse any journal mistake. Accounting rules doesn't permits us to delete any wrongly posted entry. To rectify the wrong journals you have posted, Revesing Journal (F10) is used.
2. Optional voucher is a non-accounting voucher. Using this option we can make any voucher e.g. payment voucher, optional. Any optional voucher doesn't effected any of our financial statements. To pass any entry without effecting financial statements we have to use Optional Voucher (Ctrl+L)
| Is This Answer Correct ? | 23 Yes | 11 No |
Answer / ranjith moovari
It is to enter reversing entry like prpaid expenses accured income etc. t automaticlly get reversed when needed
| Is This Answer Correct ? | 7 Yes | 5 No |
Answer / ankit soni
its a memorable voucher or its should use to see that what is company status if u want to handle your account on your purpose
| Is This Answer Correct ? | 4 Yes | 2 No |
how do made in finalization
What is the difference between accumulated depreciation and depreciation expense?
wahat is the journal entry for cheque paid for collection but not collected?
What is the Project Accounting in case of Real Estate or Construction Co`s ?
what is book building
in how many days employees dues should be paid.
what is profit and loss(dr) in cash flow statement?
What are FCCB and IDR?
what is the differences between quality assurance and quality improvements?
wt do you understand by ledger
what kind of items are posted in the income statement?
2 Answers eClerx, Tata Motors,
What is an adjusting journal entry?
Audit 
