VAT IN INVENTORY VOUCHER
To maintain VAT in Inventory Voucher follow these steps.
To maintain:-
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).
Create ledger as follow:-
Path for
ledger creation: - G.O.T. (Gateway of Tally)--> Accounts Info--> Ledger--> Create (Single).
After that create stock master as follow:-
To Create
Stock Group: - G.O.T. (Gateway of Tally)--> Inventory Info--> Stock Group--> Create.
To Create
Stock Item: - G.O.T. (Gateway of Tally)--> Inventory
Info--> Stock Item--> Create.
Now do voucher entry as follow:-
Path for
voucher creation: - G.O.T. (Gateway of Tally)--> Inventory Voucher--> Press F9 (Purchase Voucher).
Press F8 to open Sales Voucher.
Now view the VAT computation.
Path for
view VAT Computation: -G.O.T. (Gateway of Tally)--> Display--> Statutory Report--> VAT Report--> VAT Computation.
Press “Alt + F1” for details.
