Let's go friends, now we have come to the interface of
telly and we are going to start entering in telly
Telly is a software whose biggest advantage is that it
gives you ledger, trial balance, trading P&L and balance
sheet by itself
Our accounting cycle starts with journal, then goes to
ledger, then goes to trial balance, then goes to trading
P&L and balance sheet and ends
Rules are same, once the journal entry is done, the ledger
posting of any company is same
The rest of the work is the same, that's why the software
said, do one thing, you do the journal entry and give it to
me, I will make the ledger, trial balance, trading P&L and
balance sheet
That's why telly is so famous, you do one thing, telly will
do four things for you
So is it our duty or not that we learn to do journal entry
in telly in a very good way
If someone wants to become an expert in telly, then what is
the most important thing for him, that his journal entry
should be commanded
I will teach you all kinds of journal entries, all kinds of
possible journal entries, which are in my view, I will
teach you one by one by one
Whichever student will be made once on his command and
entries, assume that he has come to telly forever
Even if your journal chapter is weak in the 11th class,
there is no problem, but the way and the scenario we will
learn, it will be completely different
There will be a lot of talk in detail, you will understand
everything well, do not worry, many people hang their heads
and sit, that our entry is already weak, we did not
understand the journal entry earlier, there will be a
problem here too, there is no need to hang your head
Improve your body language a little and keep your mind calm
and sit, you will understand everything, why are we here if
you do not understand?
So with me, close your eyes, put your hands forward and
swear, we swear that we will keep the full focus on the
telly, we will put our heart and mind to do the entry
Both will be completely alert, as soon as we become an
expert in entries, then there is no one to stop us, so we
will move things forward with full attention
Yes sir, we promise you, we will do this, let's start sir,
you tell me, I am saying what do you ask me, you tell me
which entry should I start with, what do you think which
entry should I start with?
What is the first transaction in any business? Sir, when a
business is started by the owner, then the first thing is
capital, go back to class 11, once again, you have opened
the book of D.K.
Goyal sir or T.S.
Garewal sir, the first chapter of the journal was in it,
you must have seen the first point in the first illustration
Mohan started business with capital this, Mohan commenced
business with this, do you remember anything? Yes sir, I
remember a little bit, those who have been doing class 11
for many years, even they remember this point
So the first entry is by the owner in the business, invest
money, invest capital, do it my dear friends, and to do
this what we have to do, we will create a new company in
telly with the name of Capital Investment Entry
I will make you a company of all the entries, what will
happen with that, when you have to revise that point in the
future, it will be very easy for you, if you do all the
work in one company, then you will have to look for which
thing is where, we will create different companies for all
the steps
In the last, I will ask you a big question comprehensively,
how can we make all the data of one company in one place, I
will make you do that practice in the last, you don't have
to worry about anything, so let's create a company with the
name of Capital Investment Entry, press F3 with Alt, come
up in create company, my dear friends, come up in create
company, press enter in create company, the same company
creation which I have taught you earlier, the same steps,
same to same, put the name of
company in this, Capital Investment Entry, although this is
not the name of any company, but why we are writing this
name, because with this name, we will be able to detect
which company Capital Investment Entry Sir has taught us,
we are learning now, the same name will come in the mailing
name, you can put the company's address in the address,
take Haryana in the state, put the pin code here, leave the
telephone, put the mobile number, leave the fax, put the
email id, all these things have
been discussed,
Sir, if we put Nabi and move forward, will it work? It
looks a little odd, it will work, it will not tell you to
do Capital Investment Entry, but still, if you do a little,
then what is the bad thing, financial year beginning from
1st April 2022, and books beginning from 1st April 2022, to
save the whole screen, press A with CTRL, then the whole
screen will be saved, and in this way, a company called
Capital Investment Entry will be created here, see here, it
is written in bold letters, see in
left panel, Capital Investment Entry, what does it mean, it
means that this company is open to you, which is written in
bold letters, that company is open to you,
Capital Investment Entry, we have created a company, in
this, we will learn to fill the Capital Entry, before that,
friends, go to the pad and understand the whole scenario
with me, that how capital is practically invested, I know
what you have been taught is ratification, what you know so
far is not equal to knowing anything, I will tell you,
we take Mr.
X, Mr.
X, he is poor, why is it red in anger, because he does not
know how to do Capital Entry, if he learns now, he will be
quiet in a while, till then it will be red, until he knows
how to do Capital Entry, I will teach, no problem, Mr.
X started a business here, its name is Capital Investment
Entry, the company we have just created, its name is
Capital Investment Entry, it can be any business, X trader,
Y trader, we are taking the name of our company, do you
know, in this, he started a business with 10 lakh rupees,
now you tell me, practically, how this capital is invested
in the business, Mr.
X, in what way, this 10 lakh rupees, in the name of his
business, I do one thing, I change the name of the
business, it seems strange, it is kept by X traders only,
Mr.
X, practically, in what way, this 10 lakh rupees, in the
name of his business, X traders,
what is the meaning of investing in the business, money is
invested by the owner in the name of the business, now Mr.
X says, I have invested 10 lakh rupees in the business, but
this thing, it seems right to say, it seems right to tell
in a friendly relationship, but how this thing is applied
practically in the accounts, what will be the practical
implication of this, how practically Mr.
X, in his pocket, in his pocket, 10 lakh rupees, in the
name of X traders, how will this practical implication be,
do you know what will happen, the entry that has been
taught to you, that theoretical has been taught in the 11th
class, I am teaching you practically, Mr.
X goes to the bank, singing a song, Mr.
X is going to the bank, which bank do you want to go to,
which bank do you like, sir, we like Axis bank,
I said okay, if you don't like it, then what's wrong with
you, I have kept Axis bank, now you will have to listen, Mr.
X is going to Axis bank, he reached Axis bank, why did he
go to Axis bank, he will open an account in Axis bank, a
current account, in the name of whom, in the name of Mr.
X or in the name of X traders, he will open an account in
the name of business, and Mr.
X has a savings account in his name, in the name of Mr.
X, as soon as Mr.
X goes to Axis bank and opens a current account in the name
of X traders, after that what Mr.
X has to do, he has to transfer 10 lakh rupees from his
savings account to the current account in the name of X
traders, in this way, Mr.
X transfers 10 lakh rupees to his business practically,
practically, Mr.
X transfers money from his personal savings account to the
current account of the business and says, yes, I have
invested so much capital, so much money in the business,
and in the case of an individual, it is not necessary to
show this, when a company is incorporated, when a corporate
is registered, then the MCA says that the owners have
invested capital or not, they ask for a photo of the entry
of the bank statement in the INC-20A form, they say that
the owners, shareholders have invested
in their personal savings accounts,
Transferred from the current account of the company to the
current account of the corporate or not
They have to show that photo too
So this is the practical implication
This is the practical implication
According to me, you should think from this point of view
The image in your mind remains incomplete
Mr. X has invested 10 lakhs, so you start thinking 10 lakhs
means he must have bought a machine, a building, a furniture
He must have invested 10 lakhs in all this
That is the next step
First, he will invest 10 lakhs in the current account from
his savings account
Now, from that 10 lakhs, he will buy a building or furniture
These are the further transactions
All transactions are not mixed
Okay sir
Now tell me one thing
Whose accounting are we doing in Tally?
Are we doing Mr.
X's accounting in Tally or his business?
Sir, we are doing his business accounting
So we have to think from the point of view of X
We have to think as X
Or we have to think as his business
Sir, we have to think as X's business
We have to think from the point of view of business
What is happening with business
Can you tell me what is happening with business?
Sir, how much money is being received by the business? 10
lakhs
Am I right?
Am I right or am I right?
Yes sir, you are right 10 lakhs are being received by the
business
And who is giving?
Owner Yes, the owner is giving everything to everyone
For now, tell me
Who is giving 10 lakhs to this business?
Mr. X
Who is giving?
Mr. X 10 lakhs are being received in the bank
In whose bank? 10 lakhs are being received in the business
bank account
So which account should be debited?
Bank account should be debited 10 lakhs
And who is giving?
Mr. X
So have you heard a rule?
Credit the giver
The giver
The person who gives money is credited
So Mr.
X will be credited
With how much money? 10 lakhs
To Mr.
X's account 10 lakhs
And we will write one more word
In front of Mr.
What will that word be?
Mr. X's capital account
Because some other person can also give money to the
business
In the future, you have sold something to someone
That person will also give money to the business after a
while
So you will also write his name here
So the owner's money should be debited separately
The owner's money should be debited separately
It should be highlighted
Who is the owner?
This word highlights it
As soon as you write capital in front of Mr.
Anyone who reads it will know
Who is Mr.
He is the owner
So on pen and paper
You have learned to make this general entry
Bank account debit to Mr.
X's capital account
Am I right or wrong?
Yes sir, you are absolutely right
You have to make this entry in the tally
Bank account debit to Mr.
X's capital account
And I am saying that you have learned one entry
You have learned the process of one entry
Don't worry about any other entry
Then you just have to do the same repeated work
And you have to think a little different
So we will spend as much time as possible on the capital
entry
The first entry is anyway
And the first entry is also for you to learn
That's why we will spend all the time in this
We are going to devote too much time
Too much in the sense of
We also need all the time for learning
Okay sir
Let's go to the tally
Now keep this entry in your mind
Bank account will be debit
Mr. X's capital will be credit
Okay Whenever money is received in the bank, it is debited
If it is received in cash, then cash is debited
So now we are coming to the tally
Come back to the tally
Here it is sir
Where to go sir?
The whole screen is open in front of us
Where should we go in this?
There are a lot of doors
Create, alter, chart of account
Voucher, day book, banking, balance sheet
P&L, stock summary, rational analysis, disclaimer report
Quit How many doors are there sir?
Which door should we enter?
Door number 4
What is written?
Vouchers Now tell
How many people will take the mouse and click on the
voucher?
Raise your hand
No, not even one
How many people will come down from the arrow and press
enter?
Not even one
And how many such experts will see this?
V word is highlighted in the voucher
And we will press V here
So press V
You will enter the voucher
Friends, as soon as you press V, you will enter the voucher
Some existing ledgers were coming here, remove them
So when you come to the voucher, such a screen will open in
front of you
Now look at the vertical button bar
Look at the vertical button bar
There are many options in the vertical button bar
You have to enter the voucher
To enter any journal entry, where do you have to enter?
In the voucher
Not just for this entry
If you want to enter any future journal entry in Telly
Then the fourth door is the Gateway of Telly
From the box inside the right panel, whose name is Voucher
For that, press V and come here
Now after coming here
You have to select one thing from the vertical button bar
Sir, which thing do we have to select from the vertical
button bar?
Read with me from F4 to F9
From F4 to F9
F4 Contra
F5 Payment
F6 Receipt
F7 Journal
F8 Sales
And F9 Purchase
What has Telly done?
To explain this, we will travel to the pad again
What has Telly done here?
Why do we have to select anything from these?
See friends, it is like this
In your business
There can be many types of transactions
For example
Like we just saw the first transaction of what?
Of capital investment
Yes sir, absolutely right
Then there will be the purchase of goods
There will be the sale of goods
There will be the purchase of assets
There will be the sale of assets
There will be the profit on selling assets
There will be the loss on selling assets
After that, if you are depositing money in the bank
There will be that entry
If you are withdrawing money from the bank
If you are withdrawing cash
There will be those entries
After that, there can be entry of expenses
Rent, Salary, Commission, etc
There can be entries from all over the world
Telly has made this head of entries
Telly says that we make a heading for your Bank Deposit and
Cash Withdrawal Entry whose name is CONTRA
Telly says that we make a heading for all your payments
from Cash or Bank
Telly says that we make a heading for all your entries in
Cash or Bank
RECEIVED OK Say OK
Telly says that we make a heading for all your purchases
Telly says that we make a heading for all your sales
Telly says that any type of entry other than these will go
in the heading of your Journal
J-O-U-R-N-A-R Telly has divided all the transactions into 7
headings
Telly says that we make a heading for Contra Entry
Bank Deposit and Cash Withdrawal Entry
So press the shortcut key of Contra Heading
What is written there?
F4 What is written there?
F4 Telly says that if you want to make a payment from a
bank or cash in your Journal Entry
If you have made a payment from a bank or cash in the
transaction
Then select the F5 Voucher in the Voucher
Press F5 to select the Voucher
Telly says that if you are receiving money in Cash or Bank
Then you have to make that entry in the Received Voucher
For which you have to press F6
Telly says that if you have purchased some goods
For that you have to press F8
Is F8 for Purchase?
Or is it F9?
Purchase is F9?
Purchase is F9
That's what I had a little doubt
Telly says that if you are selling goods
Then you have to select the F8 Voucher
And if there is any other entry other than this
Then you will make that entry in the F7 JOUR NAL Journal
Voucher
And keep one thing in mind
The general mistake that children make
General Mistake
In Purchase, they will think that the purchase of assets
will also come
Here Machinery, Building, Furniture
No Purchase means only and only
When you buy goods, they will be recorded in F9
If you are purchasing an asset, then it will go in F7
Sale means if you are selling goods
If you are selling an asset, then it will go in the F7
Voucher
And what is the difference between goods and assets?
Goods are those things that are bought to sell later
Which is your product in which you deal
And assets are those things that are bought to use
Not to sell
So if you are buying some goods
If you are buying goods to sell later
Then buy F9
If you are buying an asset to use
Then buy F7
To make an entry
Let's speak with me once
Let's speak and remember once
Sir, what is the need to remember?
It is written there
In the vertical button bar
In two minutes we will see
The work will be over
What is the problem?
Let me tell you
There is nothing wrong
But still
An expertise
Which comes
By speaking in front of someone
In which way are you speaking?
If you want to impress someone
If you speak like this
And show the command
Then he will say
His command is in his brain
He doesn't even need a computer
His tele is in his brain
What if he tele-operates from his brain?
And there are some scientists
Who are working on this technology
That you don't need anything, you can create everything in
your mind.
If you want to enter, then your tele is in your mind.
Create a company there and start entering in it.
Because you are using only 2% of your brain right now.
2 or 4% whatever.
The rest of the things can come in the rest of the parts.
Have you seen the movie? What was the name of it?
What was the name of Lucy?
No, Lucifer is a series.
Lucy is the name of the game.
In that, the girl uses 100% of her brain.
Yes, sir.
Okay.
If you haven't seen it, then watch it.
Mark your homework.
Those who haven't seen it.
Remember it quickly.
Come on.
Tell me.
If we are depositing money in the bank or withdrawing cash
from the bank.
For business use.
Means, we are doing contra-entry.
What is the voucher?
F4 Contra-entry.
These two are called contra-entry.
There is no other contra-entry.
Depositing cash in the bank or withdrawing cash from the
bank.
For business purpose.
Okay? Okay, sir.
After that.
If we are doing payment from the bank or cash.
There will be a payment voucher whose shortcut is F5.
If we are receiving something from the bank or cash.
F6.
If we are purchasing goods.
F9.
If we are selling goods.
F8.
Is there any entry other than these?
F7.
It will go in the general voucher.
Okay, sir.
4, 5, 6, 7, 8, 9.
These are useful.
No more useful.
Where will be the asset purchase sale?
Remember.
In the general voucher.
In F7.
Okay, sir.
Now let's go to the tally.
Now let's see the tally.
There are many options.
Yes, sir.
There are many options.
Tell me which one should I take?
From F4 to F9.
Tell me which one should I take?
Money has been invested in the business by the owner.
There is no contra-entry.
Some people will say that this is contra-entry.
Money is being deposited in the bank.
Cash is not being deposited in the bank.
It is going from the owner's savings account.
This is a capital entry.
This is a first time entry.
Okay.
Is there a payment?
Some people may think of payment.
There is an X in payment.
What is happening with the business?
Think from the business angle.
The business is getting money.
F6 received.
Don't you feel good?
Why don't you feel good?
Money is coming to the bank.
I said whenever money comes to the bank or cash, take F6
received voucher.
Why don't you feel good?
Tell me.
There must be some reason.
I said if goods are received, it will come in the received
voucher.
I said if goods are received, it will go in the purchased
voucher.
How many times have I said?
If you are receiving, if you are getting money in the bank
or cash, if money is coming to your business bank account,
or cash is coming to your business from somewhere, then it
will come in the received voucher.
So what will we take here?
Received voucher means F6.
So press it here, friends.
Press F6 here.
What will you press?
F6.
Now after pressing F6, there is another problem.
I have set my settings here.
But it is possible that some people may not have their
debit credit written in this way.
They must have gone into single entry mode.
So what do they have to do?
Press H with CTRL.
H with CTRL.
And there will be two options here.
Then double entry, single entry.
Take it in double entry.
You have gone into single entry mode.
That is for those people, for those accountants, who do not
know the D of debit, do not know the C of credit, do not
know the A of accounting.
Telly is saying, such people can also run it.
Okay.
They can also do the receipt or payment entry.
But you are an expert, you do it in double entry mode.
You know everything, debit, credit, accounting.
Okay.
You have taken it in double entry mode.
Say, sir.
Yes, sir.
After taking it in double entry mode, now you have to press
F12 once here.
Many people's F12 will work directly.
Many people will have to press the Fn button together.
Remember.
After F12, the first option that comes, use debit credit
instead of 2Y.
Say yes to this.
And then press CTRL A to save the screen.
To say yes, press Y and enter.
It will be yes.
Or write it all, yes, if you feel like it.
Okay.
Okay, sir.
After that, this mode will come, your credit debit one.
Has it come or not?
Yes, sir.
So, let's go.
Now remember the entry which I had written on the pad.
Bank account debit to
Mr. X's capital account.
So, in that entry, what is the credit?
Mr. X's capital account.
Here, what do you have to credit?
Mr. X's capital account.
Sir, tell me one thing.
On paper, we write the debit thing first.
Bank account debit.
And below, we write the credit thing.
The credit that is happening to Mr.
X's capital account.
Is it the opposite in telly?
Yes, it is the opposite in telly.
First, you will write credit.
Then you will write debit.
Receipt voucher.
In the payment voucher, it will be the opposite.
First, debit.
Then credit.
It is the will of telly.
Don't get into that mess.
What to do with credit or debit?
Just keep that in mind.
There is no such problem above and below.
It is just tradition.
Telly is not following it.
It is not doing it.
What is the problem?
Okay.
So, we have to credit
Mr. X's capital account.
All dear children will start writing
Mr. X's capital account.
Sir, it is not being written, sir.
Sir, our keyboard is broken.
Right? Try to write.
It is not being written, sir.
Sir, you are teaching us telly.
You have spoiled our keyboard.
The family will fight.
What did you make them do?
There is no typing in telly, friends.
Telly is not a typing software.
Here, you will have to press a command.
Then you will be able to create Mr.
X's capital account.
Do you know what that command is?
Press C with Alt.
And to write in your register, today we have two new
commands.
One to activate the control edge mode and the other one is
Alt plus C.
So, first write them quickly.
Come on, write them first.
First write them.
Command to change
Command to change mode of telly to double-entry
First, Ctrl plus H press CTRL plus H after that you have to
select the option of double entry system
select double entry system option
select double entry system option then press F12
then press F12
and you have to press yes on the first option then press
F12 and write select yes in the first option there
select yes in the first option there and the first option
says that you want to write debit and credit instead of 2
and buy
so in this way your double entry mode will be activated
if you select no on the first option then also there is no
problem 2 and buy will come instead of credit and debit
instead of debit it will be write buy word and instead of
credit it will be write 2 you know that accounts run
interchangeably but debit and credit looks more golden
that's why I made you write this and write this command
create an account in telly
ALT plus C don't type, press ALT plus C then that account
will be created don't type anything press C with ALT then
it will be created ok sir
now write in name what's the name?
Mr. X's Capital Account
ALT plus C
Mr. X's Capital Account write in this way write the name of
the account
Mr. X's Capital Account after that an option is asking you
under do you know the meaning of under? telly is asking you
that in balance sheet whatever amount you are going to put
in Mr.
X's capital account in your entry show that money in which
heading in balance sheet you tell me should this money go
in capital heading or not everybody the money invested by
the owner is shown in which heading in balance sheet? in
capital, so keep it under capital account press A with CTRL
don't look at other things they will come slowly now it's
basic everything will be done every point will be covered
one by one things will be done but it can't be done now
otherwise what we are doing will be
then we will go on some other track we will have to go on
the same track if you will cross in someone's house then
the owner will catch you trespassing not allowed press A
with CTRL and how much money Mr.
X had invested? 10 lakh rupees write the amount here
10,1,2,3,4,5 write 10,1,2,3,4,5 please write here
10,1,2,3,4,5 did you write yes or no? yes sir very good
next option as soon as you press enter what is written?
Debit as soon as you press enter it is written Debit now
tell me which account I have to debit? please tell me which
account I have to debit? bank account in capital investment
entry bank account is debited now we have to debit bank
account we have to debit bank account will you
BANK? or will you press C with ALT? we will press C with
ALT now write here bank account and under this bank account
under this bank account all of you pick up pen and paper
and write in your registers please write
I will make you write the headings of all the ledgers write
please write capital account will be created under head
capital it is very important to write under head otherwise
all your accounting will be spoiled so keep writing capital
account will be created under capital head bank account
will be created under bank accounts head bank account will
be created under bank accounts head it is coming bank
accounts head press enter many details will be asked
account number put here
IFSC code of bank put here
IFSC code
IFSC code invalid IFSC code telly gave you a warning you
have actual details of bank account you can see from there
I don't have actual details
I can't show you actual details bank name bank name if you
have put correct IFSC code bank name will come here but it
will not come here because we have put false IFSC code come
up put your name here access bank account press backspace
go up backspace press backspace go up write access bank
account go ahead press ctrl a save press backspace go up
write access bank account not working can't go ahead this
is your fault this is wrong
I can't go there ok go up write access bank as soon as you
debit access bank account your general entry is complete
press enter leave these details press ctrl a and narration
we are learning narration from 11th class after being write
what happened in your entry being capital invested by owner
in the business owner invested capital in business after
this you have to save this your entry is complete and to
save press ctrl a your entry is saved this is your entry
some people may not be able to save their entry and there
may be a warning date cannot be below above specified
period they made a mistake press ESC
ESC button which is in the corner press that and come out
press F2 with ALT if you want to press function then press
FN with ALT plus F2 and take the period may be they took
period from 1 april 21 to 31 march 22 1 april 22 to 31
march 23 because at the time of company creation we wrote
books beginning from 1 april 2022 so their problem will be
solved ok sir now you want to see that after general entry
telly made ledger, trial balance, trading balance sheet or
not do you want to see yes sir we
to see so i will show you direct balance sheet ledger is
ready now trial balance will be small i will show you trial
balance but first you see balance sheet see this balance
sheet come down
B word is highlighted press B word after pressing B word
you have to press F1 with ALT now i am stopping saying if
F1 does not work with ALT then press function also if you
press F1 with ALT then balance sheet will be detailed here
you can see in capital account 10 lakhs and in current
asset 10 lakhs so when you created capital account telly
was asking under which one should i show you said capital
account under means when you put 10 lakhs in bank telly was
asking under where should i show you
bank account in current asset i showed 10 lakhs this is
your balance sheet should i show you trial balance here on
gateway of telly press D highlighted word D and then press
T first option is trial balance in which T word is
highlighted so you can see your trial balance is also ready
if you press F1 with ALT this is your trial balance this is
your trial balance trial balance means closing balance of
accounts now only one entry so we will see in detail don't
worry and you can see ledger also if
want to see ledger you will get it here you will get ledger
here in display go to account books and go to ledger this
is your access bank 10 lakhs this is your capital account
10 lakhs let me tell you again go to gateway of telly press
D for display press A for account books press A and press L
for ledger and in list select access bank you will see 10
lakhs and in capital you will see 10 lakhs we have never
created this ledger cash and profit and loss we have made
only two accounts one access
account and one Mr.X capital account where did this cash
and profit and loss come from telly knows that no business
can operate without cash and it can't happen that there is
no profit or loss in any business that's why telly by
default inbuilt two accounts one cash and one profit and
loss you have to make the rest ok to know how this effect
will come on balance sheet now all of you write yes now
write now please write down you may write you may write you
may write personal experience personal
personal experience personal experience
Make a full heading
Steps to pass
It will take only 2 minutes
It will not take much to write
If you write, you will go through
Steps to pass
Capital Investment Entry in Tally
Steps to pass
Capital Investment Entry in Tally
How do we do Capital Investment Entry in Tally
This is because
When you are watching a video
It is very easy for you to see things
Because you are doing it with me
But friends, it will also happen that
You will switch off the video and
Start doing those things on your laptop
Yes sir, it will happen
At that time, if you are not able to do any pointer
What will you do?
You will open the video again
No, you should have such notes
So that you can do it with the help of notes
So that you don't have to come on the video again
That's why I am making you write
Go to Vouchers
After that
Select Received Voucher
With F6
Which Voucher do we have to select
Received Voucher, whose shortcut key is F6
So we will go to Voucher
And select F6
We will go to Voucher and select F6
After that
What we have to do is
Step 3
Credit Mr.
Capital Account
Credit Mr.
Capital Account
Do we have to press Alt plus C
We have to press Alt plus C
Credit Mr.
X's Capital Account
By pressing Alt plus C
Under the head
Capital Account
In which head will it be created
Under the head
Capital Account
Write the next point
Point no.
Enter Amount
After this you have to enter the amount 10 Lakh Rupees
Enter Amount
Write the next step
After that you have to debit
X's Bank Account
By pressing Alt plus C
Debit X's Bank Account
By pressing Alt plus C
Under the head
Bank Account
Then enter Bank accounts in the bottom column
Under the heading Bank account
Under the heading Bank accounts
Then you will get the amount of 10 lakhs
Next, write
Write narration and Press CTRL plus A
Then write narration and Press CTRL plus A to save the
screen
Write narration and Press
CTRL plus A
Make a heading in the name of common commands
Make it at the end of the register
Write the first command there
Write the first command
Make it at the end of the register
Start writing from here
Put the heading above, common command
Write the first command in it
For detailed view
If we want to see the detailed view of anything
What do we press?
Alt with F1
We had seen in the balance sheet
What did we press?
Alt with F1
For detailed view write
Alt plus F1
Write the second common command here
Creating an account
Alt plus C
To create any account
Press Alt plus C
Creating an account
Alt plus C
If we want to open the balance sheet
Press B
No need to write
Press B
If we want to open the trial balance
Press D
Then press T
For opening trial balance
D, T
Press the gateway of telly
Start from this screen
Press D
Then press T
D, T
For opening trial balance
D, T
If we want to open a ledger
Write the next command
For opening a ledger
What was our command?
For opening a ledger
Please tell
First press D
Then press A
For opening a ledger
Press D, A, L
Very good
D, A, L
Good
Now let's move forward
Now friends
In any account
We have to put the opening balance
Do you know when it will happen?
For 2-3 years client is doing business
But he never did accounting in telly
Never made accounts
He never thought about accounting
But now he has to make balance sheet
He needs finance from the bank
Now the business has grown a little
Now he has understood that he should make P&L balance sheet
From accounting, he knows the direction of his business
Now he has realized
In such a case, he comes to you and says
Start our business
You will have to put some opening balances
Which have been going on
In the owner's capital account
Because the business has been going on
And there must be some opening balance
So where can we put the opening balance?
The owner will tell
How much capital has been invested in the last 2-3 years
From where you will start
You will put the opening balance
But how will you put it? I am telling you
Where you created a ledger
Friends Come there
How will you come there?
Before gateway of telly
Press D
And then
You have to take the option of the day book
For this too, the highlighted word is D
So you have to press 2xDD
Then this entry
You have to enter and open
And here
When you were creating a ledger
By pressing Alt C
There is an option below
Of opening capital, opening balance
I will show you now
Now do you know how you will get it?
Now you have to press enter with ctrl
Please press enter with ctrl
Then the same screen will open
Which you created a ledger
It was open at that time
You can do it like this
If there is a mistake in your name
The spelling of the capital word is wrong
So you can come here and correct it
Now you
Press enter and go down
So you will see
Opening balance on 1 april 2022 You can put the opening
balance
If you need to put the opening balance in the capital
account
Or in any account
You will get the option below
We have just started the business
We have just put the entry
We don't have to put anything here
In case you have to put it, I have told you how to put it
So come to the common commands list
And then write next command
For Opening Voucher entries
How did we open the entry we did? d for display d for debug
So we got back to this entry
How will we see that entry?
By pressing dd
For displaying voucher entries d,d To see the entry again
What will we press? d,d For displaying voucher entries d,d
Press d,d Press enter
Write next
For For Editing a ledger
For editing a ledger
If you want to edit the ledger
For editing a ledger
Press enter with ctrl
For editing a ledger
Press ctrl plus enter
Okay Let's go
So friends
We will take 1 minute
This is the part of the process
Let's see what is written in the capital investment entry
notes
To invest capital
The current account is opened in the bank
In the name of business
And then the capital amount is transferred
From the personal account of the bank
To the current account of the business
First go to the voucher
Press F6 to take the received voucher
Then press Alt C to credit
Owner capital account
Then enter the amount
Then Alt C to debit bank account
Under the head
Bank account
Press ctrl plus A
Your screen will be saved
This is written in your notes
Is it okay?
Did you understand quickly?
Whatever is written here
Do you know what is the reason for this?
The reason is that we have done this work in great detail
Okay Otherwise, if you read it directly, it seems strange
Okay What do we have to do now?
Friends, you have to do it once
Capital investment entry
Do it in cash
Capital investment entry
If you invest money in business in cash
The bank account has not been opened
There will be a very minor change
If you open the bank account
Instead of transferring money
The owner is keeping cash in the business
And he is saying that I will buy a building machine with
cash
So in such cases
Cash investment entry will come
It is not necessary to invest money in the bank every time
Put money in the current account of the business
Cash investment can also happen
Very simple way
What to do?
Come here in vouchers
Press V for voucher
You have already entered in the received number
This time the credit will be the same
Mr. X's capital account
And this time there is no need to create
By pressing Alt C
Whatever account you have already created
It will come in the list
Just select from the list and press enter 20,000 only
Put the amount 20,000
Then press enter
And this time debit the cash account
And we have not created a cash account
We had to create a cash account
By pressing Alt C
But cash is a ledger that I told you a while ago
From which telly already creates and gives you
So press the arrow below
And by pressing enter
Select cash 20,000
Write the narration below
Being cash invested in the business
This will be your entry to invest capital in cash
Okay Okay sir
So if capital is being invested in the bank
Bank account will be debited
If it is being invested in cash
Cash account will be debited
And the cash account is automatically created
Press A with CTRL
ESC Press ESC
Once or twice
And come back to the Gateway of Telly
Do you want to see the effect in the balance sheet?
Of course
Press B
How will you get a detailed view of the balance sheet?
With Alt F1 10 Lakhs and 20,000 Rupees 10 Lakhs in the bank
and 20,000 in cash
And here 20,000 in cash and 10 Lakhs in the bank
Everything is going well
Yes sir, everything is going well.
I said very good.
Let's come to the last point.
If capital is being invested in kind.
There are two ways to invest capital in business.
Investing money in the bank and investing cash.
Many times the owner does not give money in the bank or
cash.
He brings some household items in the business to sell.
Someone opened a T-shirt shop.
His goods are T-shirts.
He buys a T-shirt and sells it.
He has two new T-shirts at home.
He said, I don't have my size, I don't want to wear it.
I will keep it in the shop in the business and sell it.
That is also capital invested by the owner.
Capital does not mean that money is invested in the bank or
cash.
In kind means that an item can also be invested as capital.
So if the owner is investing in the business by bringing
some household goods.
Suppose he had a sofa at home.
He brought it and put it in the business.
He said, there is no need to buy a sofa for business.
First I put money in the bank account of the business.
Then I go to buy a new sofa from the bank account.
I have it at home, I use it in the same business.
So this is capital investment.
But this will be called capital investment in kind.
And this happens a lot.
You will get to see this a lot with your clients.
Friends, he brought the household goods in the business and
put it in use.
Maybe he has put it as an asset.
He has brought a sofa to use.
Maybe he has invested some household goods as goods in the
business.
Like a T-shirt.
I have brought it in the business to sell.
Anything can happen.
There is no problem with that.
That will be called capital investment in kind.
How will be its entry?
How will be the entry of capital investment in kind?
I am going to teach you this.
Come there, on the Gateway of Tele.
Come on the Gateway of Tele, my dear friends.
We will press V for Voucher.
What will we press?
V for Voucher.
This time you have to take a general voucher.
Because there is no contra entry.
Contra entry means depositing cash in the bank and
withdrawing cash from the bank.
Is this work happening here?
No, some goods are coming from the owner's house in the
business.
There is no payment either.
Payment means that some payment is being made from the bank
account of the business.
Cash payment is happening through the business.
Cash payment is not happening.
The owner is bringing goods from his house and is not
asking for money.
Okay? This is not even a receipt.
There is no sale and no purchase.
Ask why?
The sale is not because the business is not selling
anything.
There is no purchase either because goods are not being
purchased from outside.
Goods are coming to you as capital.
That's why whatever entry is left apart from this, which
voucher does it come in?
In the general voucher.
What do you have to press for this?
F7.
Press F7.
What do you have to debit?
It is not coming in the receipt.
It is not coming in the receipt because when money comes in
the bank account or money comes in cash, then it will be a
receipt.
Receipt does not mean that if you are receiving anything in
the world, it will come in it.
Whether money is coming in the bank or cash notes are
coming to the business, then the receipt voucher will come.
Whatever else is coming, forget the receipt voucher.
You are dealing the receipt word in English.
Whatever is being received, why is it not coming there?
Deal it as an account.
Come on, tell me what will be the debit?
What will be the debit?
Press C with Alt.
First, whatever the debit will be, it will not be written.
You will have to press C with Alt.
Yes Sir.
So press C with Alt.
Write the name Purchase.
What will you write?
Purchase.
Write under Purchase Accounts.
Keep writing, then I will tell you the logic.
Do what I am saying first.
Type Purchase in the name and write Purchase Accounts in
the under.
As soon as you write PUR in the under, the heading of
Purchase Accounts will come to the side.
Press Enter on it by selecting.
Done?
Let it be not applicable in the type of ledger.
Not applicable.
Is GST applicable?
Now make it not applicable in this too.
Because we are not discussing GST now.
Save the screen by pressing CTRL A.
Please save the screen by pressing CTRL A.
5 minutes.
Please save the screen by pressing CTRL A.
Now he is asking you what item is coming in the business.
What is he asking?
What item is coming in the business?
Tell this.
T-shirts are coming.
T-shirts.
T-shirts are coming.
For example.
So you will have to press Alt C here too.
What will you have to press?
Alt C.
It will not be written.
You will have to press Alt C here too.
Write T-shirts in the name.
This stock item creation screen has opened.
This is not a ledger.
We are making a stock item.
The stock that is coming in the business.
We are making that.
Enter.
Let the primary be under.
Pieces will come in units.
Unit means one.
T-shirts are in which?
In pieces.
10 pieces, 12 pieces, 15 pieces.
Press Alt C.
Alt C.
Write PCS in the symbol.
Write the full spelling in the formal name.
P-I-E-C-E-S.
Write in UQC.
P-C-S.
In total, you have to write three times.
PCS.
Then pieces.
Again PCS.
And press A with Ctrl.
Press A with Ctrl.
Let the number of decimal places be zero.
Can T-shirts be in decimals?
Bought three and a half T-shirts.
Bought one T-shirt half.
Will the client buy it?
It will not be a torn T-shirt.
Number of decimal places.
Zero.
Press A with Ctrl.
Let PST be not applicable.
If you write NOT, the option of not applicable will come.
Enter it.
Press A with Ctrl.
Save it.
How many T-shirts is he bringing?
He is bringing two T-shirts.
How much did he buy for himself?
Rs. 5000 per T-shirt.
The amount is Rs. 10,000.
Press A with Ctrl.
Now the credit here will be Mr. X's capital account.
And the entry will be completed.
The entry has been completed.
Listen to me.
Everybody please listen.
Now is the time to listen carefully.
If we buy something and enter the payment in cash, the
entry is Purchase Account Debit to Cash.
Bought the goods.
Purchase Account Debit.
Paid in cash.
Credit word goes out.
Cash account credit.
If we buy something and enter the payment from the bank,
the entry is Purchase Account Debit to Bank Account.
But something came to us.
We purchased.
But did not have to pay.
The owner said from my capital.
So the credit will be Mr. X's capital account.
The credit will be Mr. X's capital account.
Is it okay?
Now you have to write the narration below by pressing Enter.
Being.
Amount.
Sorry.
Being.
Capital invested in the form of goods.
When we created the purchase ledger, what was the heading
under it?
Purchase Accounts.
Okay.
Where you are writing common commands, go to the register
and write.
Purchase Account will be created under the heading of
Purchase Accounts.
Purchase Account will be created under the heading of
Purchase Accounts.
Write.
Purchase Account will be created under the heading of
Purchase Accounts.
Okay.
Now you can save it by pressing Control A.
Control Plus.
Look at the effect in the balance sheet.
Press B for Balance Sheet.
F1 with Alt.
Look at this.
Your stock has come for Rs. 10,000.
Stock has come for Rs. 10,000.
Yes.
The owner's capital has also increased.
It has increased from Rs. 10,20,000 to Rs. 10,30,000.
If you press Enter, you will get Rs. 10,30,000.
Rs. 10,00,000 in the bank.
Rs. 20,000 in cash.
And Rs. 10,000 in the form of goods.
The total capital has become Rs. 10,30,000.
Its effect can also be seen on P&L.
Come back and press P.
And detail this too.
F1 with Alt.
So you can see.
How much is coming in the purchase?
Rs. 10,000.
And how much is coming in the closing stock?
Rs. 10,000.
Because we have purchased.
And those goods have not yet been sold.
We have kept it with us.
That's why it's coming in the closing stock.
It will also be reflected in the purchase.
And it will also be reflected in the closing stock.
Let's look at its notes.
Capital Investment in Kind's Notes.
What is written for this in the notes?
Go to Vouchers.
Select F7 General Voucher.
Press Alt and Debit.
Purchase Account under the heading of Purchase Accounts.
Then you have to enter the stock detail.
How did you put the stock detail?
I bought two T-shirts.
At a rate of Rs. 5000 per piece.
For Rs. 10,000.
And brought them and invested in the business.
What did you have to press in between?
Alt and C.
You have already learned that command.
Whenever there is no type in telly.
Press C with Alt.
Enter the amount there.
What will be the credit?
Owner's Capital Account.
And press Ctrl and A.
Then the screen will be saved.
This is the complete entry of Capital Investment.
I have taught you Capital Investment.
From A to Z.
Bank Investing.
Cash Investing.
In-Kind Investing.
All the shortcut keys.
The whole topic.
Concept.
What is written in the notes.
It took us an hour.
But I promise you.
You go to any business.
Big or small.
This entry will be exactly like this.
You will not have any trouble in telly.
Okay Sir.
This was the topic of Capital Investment Entry.
Now we will meet in the next clip.
Till then.
Thank you.
Bye Bye.
Take care.
For any doubts.
Contact me.
No problem.