VAT Sales Transaction

VAT and CST Sales Transactions in Tally ERP 9:


VAT Sales Transactions in Tally ERP 9:


Croma Electronics Pvt. Ltd. Sold CCTV Cameras to Mahesh Realty Pvt Ltd  for Rs.13, 650/- and VAT rate is 5%.

Lets pass a Sales entry:

  • Go to Gateway of Tally.
  • Go to Accounting Voucher.
  • Select Sales Voucher (Shortcut F8)
  • Write Date
  • Select party Ledger “Mahesh Realty Pvt Ltd”
  • Select Sales Ledger “Sales @ 5 %”
  • Select Stock Items, Rate and Qty
  • Select Tax Ledger “Output VAT @ 5%”
  • Select “New Reference” in references option
  • Write narration
  • Accept the screen.
  • You can check the transaction in that party ledger or Sales ledger in Reports.
  • Your VAT computation report will be also updated as you make transactions.
  • Make receipt as usual like we have seen in earlier module.




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