Professional Documents
Culture Documents
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To enable Debit/Credit, set the following fields to Yes in F11: Features (Accounting
Features)
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Use Debit/Credit Notes
Use Invoice Mode for credit note
Use Invoice Mode for debit note
Go to Gateway of Tally > Display > Statutory Reports > VAT Reports > VAT Computation.
The VAT Computation report appears as shown below:
The VAT Refundable is Rs. 880, press Enter on Input VAT @ 4% in the VAT
Computation report.
The VAT Classification Vouchers screen with Input VAT @ 4% appears as shown below:
Return to the VAT Computation report. Press Enter on Output VAT @ 4% in the
VAT Com- putation report.
The VAT Classification Vouchers screen with Output VAT @ 4% appears as shown below:
'Creating Purchase Invoice with
Multiple VAT Rates'
@ VAT Tally.ERP 9
Example :
On 5-6-09, Universal Traders purchased the following lamps from Sujan Ltd.
Setup :
Click on Item Invoice button and change the following settings in F12: Configuration.
Use Common Ledger A/c for Item
allocation No.
Allow selection of VAT/Tax class
during entry No.