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This is a non-accounting voucher and the entries made using it will not affect your accounts. That is, Tally does not post these entries to ledgers but stores them in a separate register. You can alter and convert a Memo voucher into a regular voucher when you decide to bring the entry into your books. Memo vouchers are used when the user has to make Suspense Payments or he has to make a transaction for which the user does not have complete information.

Major use of Memorandum vouchers when we make balance sheet, we need to enter some expense which have to occurred so we use this voucher to enter those which reflects in your balance sheet but not posted to any ledger account.

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βˆ™ 14y ago
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Q: What is memorandum voucher?
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