What is a Reversing Journal in Tally Prime?

A Reversing Journal (F10) is a temporary, non-posting voucher type in Tally Prime used to record provisional expense accruals that automatically expire after a specified 'Applicable Upto' date.

Do Reversing Journals alter my permanent books of accounts?

No. Reversing Journals do not affect actual Day Book or Trial Balance figures. They only appear in financial reports (P&L/Balance Sheet) when included via custom Scenarios (Alt+C).

How do I view financial statements with provisional entries?

Open Balance Sheet or Profit & Loss report, press Alt+C (New Column), select the Scenario containing Reversing Journals, and compare regular vs provisional figures side by side.

How does TrulyInvoice help eliminate estimated provisional entries?

TrulyInvoice auto-posts vendor purchase bills into Tally Prime in 15 seconds as soon as invoices arrive via PDF or WhatsApp, allowing accountants to book actual purchase vouchers instead of estimated provisions.

How to Pass Provisional Entry in Tally Prime (SOP)

At month-end or year-end close, accounts teams frequently need to record provisional expense accruals—such as unbilled vendor services, audit fee provisions, or pending utility bills. In Tally Prime, these temporary provisions are recorded using Reversing Journals (F10).

Quick Answer: How to Pass Provisional Entries in Tally Prime?

TrulyInvoice posts verified vendor purchase bills into Tally Prime in 15 seconds, eliminating the need for estimated expense provisions. When actual supplier invoices are delayed, accountants use Reversing Journals (F10) in Tally Prime to book temporary month-end provisions that auto-expire after an 'Applicable Upto' date.

Enable Feature: F11 > Set 'Use Reversing Journals & Optional Vouchers' = Yes.
Pass Voucher: Vouchers > F10 (Other Vouchers) > Reversing Journal.
Set Expiry: Specify 'Applicable Upto' date (e.g. 31-Mar-2026).
View Impact: Open Balance Sheet > Press Alt+C (New Column) > Select Scenario.

Step-by-Step SOP: Recording Reversing Journals in Tally Prime

Enable Reversing Journals: Press F11 (Features), set Use Reversing Journals & Optional Vouchers to Yes.
Record Reversing Journal (F10): Go to Vouchers > F10 (Other Vouchers) > Reversing Journal.
Set Dates & Particulars: Debit the Expense Ledger and credit the Provision Ledger. Set Applicable Upto date (e.g. 31-Mar-2026).
Configure Scenario (Alt+C): Create a Scenario under Create > Scenario, including Reversing Journals. In P&L or Balance Sheet, press Alt+C to view provisional financial reports.

Eliminating Pending Invoice Backlogs with TrulyInvoice

Accounting teams often resort to provisional entries because vendor purchase bills arrive late in email inboxes or WhatsApp chats. With TrulyInvoice, vendor bills are parsed using AI as soon as they arrive.

TrulyInvoice posts verified F9 Purchase Vouchers directly into Tally Prime in 15 seconds, allowing accountants to book actual purchase vouchers instead of estimated provisions.

How to Pass Provisional Entries & Reversing Journals in Tally Prime

Quick Answer: How to Pass Provisional Entries in Tally Prime?

Step-by-Step SOP: Recording Reversing Journals in Tally Prime

Eliminating Pending Invoice Backlogs with TrulyInvoice

Stop Manual Voucher Entry.