Contra

Contra entry is a transaction which involves both cash and bank. Both debit aspect and credit aspect of a transaction get reflected in the cash book. For example:

1. Cash received from debtors and deposited into bank
2. Cash withdrawn from bank for office use

How To Create Contra

1. Open Back Office.
2. Go to Vouchers Menu.
3. Click and open Contra section.
4. Click Create Contra Button in the top right corner.
5. Select the creditor and debitor name.
6. If required, enter the details of transactions in the Narration field.
7. Enter the total amount and click Enter the amount added below. Enter multiple debits and credits in next rows.
8. Press Save button.