how to pass bonus shares received entry in tally prime
Quick Scoop
To pass the entry for bonus shares received in Tally Prime , record a journal voucher with zero value and update only the quantity of the investment or stock item. A common approach is to debit the investment/stock item and credit a bonus shares reserve or capital reserve ledger, with no cash impact.
Simple method in Tally Prime
- Go to Accounting Vouchers and open Journal.
- Enable Inventory Allocations if you are tracking shares as stock items.
- Enter the bonus shares quantity in the stock/investment line, but keep the amount at ₹0 because no payment is made.
- Credit a suitable reserve ledger such as Capital Reserve or General Reserve if your accounting treatment requires it.
Example entry
If you received 100 bonus shares , the practical entry is:
- Dr Investment/Stock Item – 100 shares, ₹0
- Cr Bonus Shares/Reserve Ledger – ₹0
This keeps the share quantity updated without changing cash or total investment cost, which is the usual accounting logic for bonus shares received.
In Tally Prime screens
A typical workflow is:
- Create the stock item for the shareholding, if needed.
- Use Journal Voucher for the adjustment.
- Check Stock Summary or Investment Ledger to confirm the revised quantity.
Practical note
If your books treat shares as a pure investment and not inventory, use an investment ledger rather than a stock item. The exact ledger names can vary by your company’s chart of accounts, but the key point is the same: bonus shares are recorded as a quantity increase with no cash outflow.
Handy format
Being bonus shares received free of cost, pass a journal entry in Tally Prime with zero value and update only quantity.
TL;DR: In Tally Prime, use a journal entry , keep the value zero , and record the extra share quantity under the relevant investment or stock ledger.