Friday, October 16, 2009

Sales Entry With Single VAT Rate.

Sales entry with single VAT rate.
Press F12 -> select Invoice/orders entry configuration -> press enter -> set Yes at the option ‘Use common ledger for item allocation?’ -> press enter.
(Note : Select the proper Vat Class While Creating Sales @ 4% A/c and Output Vat 4%.)
Go to Accounting Vouchers from Gateway of Tally and press F8 for sales.
In Party’s A/c Name field : select the party Ledger then press enter
Sales Ledger Field : Select Sales Ledger Sales @ 4%
Name of Item : Select your Stock Item fill the Quantity and Rate and Press Enter twice
Now Select Output Vat 4% ledger amount will come automatically
Press Ctrl + A to save the entry