Provision to Enter Bank Allocaion Details in Payroll Voucher

Companies follow different procedures to pay salaries to Employees. Some companies will pay salary by Cash, Cheque, or Inter-bank Transfer.

In Tally.ERP 9 Salary payment can be accounted for in two ways:

  • Record a Payroll Voucher to create the salary liability and later record a Payment voucher for making payment.
  • Directly process Salary by selecting Cash or Bank Ledger in Payroll Voucher (using Auto Fill/Manually)

While processing salary directly from Payroll voucher by selecting Bank Ledger Tally.ERP 9 will not display the Bank Allocation screen to enter bank details and these transactions are not displayed in Bank Reconciliation Statement.

ALTERNATE SOLUTION/WORKAROUND

Currently, users have to first record Payroll Voucher to account for the liability (crediting ‘Salary Payable’ ledger) and a separate Payment Voucher has to be recorded for making salary payment by defining the Bank details in Bank Allocations of the Payment Voucher. For detailed procedure refer to the topic – Payroll Payments Listed in BRS

RESOLUTION TIMELINES

Resolution for the above-stated problem will be provided in Tally.ERP 9 Series B JAS (July, August, September) Release.

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