VAT IN ACCOUNTING VOUCHER
VAT is
maintained in both Accounting and Inventory mode. If you want to maintain VAT
in Accounting Voucher then follow the steps given below.
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).
After that press “enter”.
Again press “enter” many times.
Accept it by pressing “y” or “enter” key.
Create ledger as follow:-
Path for
ledger creation: - G.O.T. (Gateway of Tally)--> Accounts Info--> Ledger--> Create (Single).
Now do voucher entry as follow:-
Path for
voucher creation: - G.O.T. (Gateway of Tally)--> Accounting Voucher--> Press F9 (Purchase Voucher).
Press F8 to open Sales Voucher.
Now you can see VAT computation follow:-
Path for
view VAT Computation: - G.O.T. (Gateway of Tally)--> Display--> Statutory Report--> VAT Report--> VAT Computation.
For more information, press “Alt + F1”.
