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Friday, May 9, 2014

No cash or bank ledger specified - Error in Tally

Applies to : Tally ERP 9

Steps to Reproduce the error

(1) Create a group named "My Bank Accounts" under Primary; Nature Of Group: Liabilities
(2) Next, create a ledger named "Axis" under the group "My Bank Accounts"
(3) Next, create a payment voucher as show below :

Rs 500-Dr-------Petrol Expenses
Rs 500-Cr-------Axis

PS:
Tally does not allow you to save the payment voucher and a message "No cash or bank ledger credited" is displayed.

(4) Next, change / modify the ledger named "Axis" and set its parent / group as "Bank Accounts"
(5) Again, try creating a payment voucher as mentioned in point 3.

Still, you are not allowed to save the payment voucher and the same error message is displayed. This happens inspite of fact that we had modified the ledger "Axis" with correct group.

Solution suggested by Tally Solutions, Bangalore

In Gateway of Tally, press Ctrl+Alt+R. Select your Company and re-write the data. After this, the payment voucher can be entered/posted.

 

2 comments:

Fcadivine said...

I have the same problem, but also after rewriting it cant possible to do any contra, payment or receipt entries through. There is also one problem that while contar entry there is no option for select bank ledger. Pls help me.

Shweta Softwares said...

We were able to resolve it by rewriting the Tally data. As this does not work in your case, kindly contact Tally Solutions, Bangalore for further assistance.