
VAT TAX CLASS
VAT Tax
Class is used to pre - define a ledger specified in Purchase/ Sales Voucher.
Working
steps:-
Create a company and then activate VAT as follow:-
To Activate
VAT: - G.O.T. (Gateway of Tally)--> Press F11
(Company Features)--> Press F3
(Statutory & Taxation).
And then
create ledger as follow:-
Path for
ledger creation: - G.O.T. (Gateway of Tally)--> Accounts Info--> Ledger--> Create...