This document provides instructions for configuring and using an instant VAT invoice in Tally. It includes steps to:
1. Set up the VAT statutory setup including enabling VAT, selecting the state and dealer type, and configuring the VAT rate.
2. Create the necessary ledgers including a sales VAT ledger, party ledger, and VAT tax ledger.
3. Create a special voucher type called "Vat Instant 4%" to raise invoices with instant VAT calculation.
4. Demonstrate raising a sales invoice using the special voucher type, where the VAT amount is automatically calculated on the total sales amount at 4%.
01 tally company creation By Maser Mind Solutions.inMohan Coimbatore
Tally Erp9 is a 20 th Century wonderful accounting software.
Tally has numerous features and configuration. As per user needs one can change the layout and modular. This is my first PowerPoint Presentation Lesson pertaining the : How to Create a Company in Tally..
My various lessons in PPT will upload very soon.
Thanks.
Mohan.
Creating Sales and Purchase vouchers in Tally is extremely easy and simple. They are often referred to as purchase entry in Tally and sales entry in Tally. Learn how to do it in this video by Attitude Academy Yamuna vihar, Delhi.
Some use the Tally accounting software for improved productivity and some others incorporate the tool for its ability to facilitate better and quicker decision making. Whomever and whatever it is, it is important to know the tool to use it.
01 tally company creation By Maser Mind Solutions.inMohan Coimbatore
Tally Erp9 is a 20 th Century wonderful accounting software.
Tally has numerous features and configuration. As per user needs one can change the layout and modular. This is my first PowerPoint Presentation Lesson pertaining the : How to Create a Company in Tally..
My various lessons in PPT will upload very soon.
Thanks.
Mohan.
Creating Sales and Purchase vouchers in Tally is extremely easy and simple. They are often referred to as purchase entry in Tally and sales entry in Tally. Learn how to do it in this video by Attitude Academy Yamuna vihar, Delhi.
Some use the Tally accounting software for improved productivity and some others incorporate the tool for its ability to facilitate better and quicker decision making. Whomever and whatever it is, it is important to know the tool to use it.
How to Trace the Culprit behind Modification or Deletion of Vouchers in Tally...YENNES Infotec (P) Limited
Tally allows us to track the user activity by enabling Audit feature in security control. This is a boon for large scale organisations mainly to avoid disputes among their staff with regards to a wrong entry.
1) Configure Tally.ERP 9 to create POS Invoice
2) Create POS invoice with / without voucher class
3) Generate POS Invoice for single and multi-mode payment
4) Enter zero valued entries in POS invoice
5) Record batch-wise details in a POS Invoice
6) Print the POS Invoice
7) Generate and print POS Register
POS system is a computerised cash register which adds up the sales totals, calculates the
balance to be returned to buyer and automatically adjusts the inventory levels to reflect the
quantity sold. The equipment required for POS to work effectively are cash registers, card
readers, bar-code scanners and so on.
Physical Stock Voucher is used for recording the actual stock which is verified or counted. It could happen that the Book Stocks and the Physical Stock do not match. It is not unusual that the company finds a discrepancy between actual stock and computer stock figure.
Advanced voucher entry tutorial in Tally ERP 9Accounts Arabia
Describe the purpose of the Tally.ERP 9 Accounting Vouchers Create and alter Accounting Vouchers
Use vouchers to enter Accounting transactions
Describe the use of Non-Accounting Vouchers
Describe the purpose of the Tally.ERP 9 Inventory vouchers
Create and alter Inventory Vouchers
Using vouchers to enter Inventory transactions
In accounting terms, a voucher is a document containing the details of a financial transaction. For
example, a purchase invoice, a sales receipt, a petty cash docket, a bank interest statement, and
so on. For every such transaction made, a voucher is used to enter the details into the ledgers to
update the financial position of the company. This feature of Tally.ERP 9 will be used most often.
these are basic tally tutorial based on the tally training conducted follow the slides one by one by making it full size if you have any problem regarding tally setup, or entries than please write to us your queries will be sold on immidiate basis
Implementation of value added tax in tally erp 9 | Tally Customization servic...stannventures.Pvt.Ltd
For more information about this PDF file. Please visit http://www.tallyspot.com
Ideal spot for a obtain Tally 9 ERP and download free Tally.ERP 9 versions. Up-grade Tally
Accounting Software & .NET Subscription, Advanced Web Interface Accounting Software for Asia & Most
ERP Software Products. Import data from tally & Data Connectivity to Tally.ERP 9 Import.
How to Trace the Culprit behind Modification or Deletion of Vouchers in Tally...YENNES Infotec (P) Limited
Tally allows us to track the user activity by enabling Audit feature in security control. This is a boon for large scale organisations mainly to avoid disputes among their staff with regards to a wrong entry.
1) Configure Tally.ERP 9 to create POS Invoice
2) Create POS invoice with / without voucher class
3) Generate POS Invoice for single and multi-mode payment
4) Enter zero valued entries in POS invoice
5) Record batch-wise details in a POS Invoice
6) Print the POS Invoice
7) Generate and print POS Register
POS system is a computerised cash register which adds up the sales totals, calculates the
balance to be returned to buyer and automatically adjusts the inventory levels to reflect the
quantity sold. The equipment required for POS to work effectively are cash registers, card
readers, bar-code scanners and so on.
Physical Stock Voucher is used for recording the actual stock which is verified or counted. It could happen that the Book Stocks and the Physical Stock do not match. It is not unusual that the company finds a discrepancy between actual stock and computer stock figure.
Advanced voucher entry tutorial in Tally ERP 9Accounts Arabia
Describe the purpose of the Tally.ERP 9 Accounting Vouchers Create and alter Accounting Vouchers
Use vouchers to enter Accounting transactions
Describe the use of Non-Accounting Vouchers
Describe the purpose of the Tally.ERP 9 Inventory vouchers
Create and alter Inventory Vouchers
Using vouchers to enter Inventory transactions
In accounting terms, a voucher is a document containing the details of a financial transaction. For
example, a purchase invoice, a sales receipt, a petty cash docket, a bank interest statement, and
so on. For every such transaction made, a voucher is used to enter the details into the ledgers to
update the financial position of the company. This feature of Tally.ERP 9 will be used most often.
these are basic tally tutorial based on the tally training conducted follow the slides one by one by making it full size if you have any problem regarding tally setup, or entries than please write to us your queries will be sold on immidiate basis
Implementation of value added tax in tally erp 9 | Tally Customization servic...stannventures.Pvt.Ltd
For more information about this PDF file. Please visit http://www.tallyspot.com
Ideal spot for a obtain Tally 9 ERP and download free Tally.ERP 9 versions. Up-grade Tally
Accounting Software & .NET Subscription, Advanced Web Interface Accounting Software for Asia & Most
ERP Software Products. Import data from tally & Data Connectivity to Tally.ERP 9 Import.
How to do Excise Accounting for Manufacturers in Tally.ERP 9Shailendra Yadav
This tally presentation is a Apni Tally tutorial about How to do excise accounting for Manufacturers in Indian Accounting software Tally.ERP 9. Visit www.apnitally.com to
Get full list of Tally Tutorials about Tally ERP 9
FRIENDSHIP is a network
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Enterprise Resource Planning
As we said in the earlier slide now we are going to showing the remaining
Transactions related to Income and Expenses.
Transactions related to Receipts and Payments.
Transactions related to Proprietor.
Transactions related to Discount.
Transactions related to Bad Debts.
FAQs-Unified SME Manager(USM1.0) -Account ManagerGoodpick Scribes
Manage & Monitor your Enterprise Accounts Professionally & Smartly. USM-Account manager has been developed for SMEs (Micro & Small Enterprises) who do not have fund to hire accountants & then they are unable to manage their accounts.
SMEs always are victim of accounts mismanagement. They are used to maintain their accounts in excel sheet & results are very terrible & scattered.
USM- Account manager is boon for SMEs who can manage their accounts without hiring any accountants & they can complete their accountancy to hand over to the Chartered accountant (CA).
USM-Account Manager has been validated & recommended by several Chartered accountants (CA). It is very competitive & cost effective.
Withholding Tax is also called as retention tax. Its requirement of payer to deduct or withhold a
particular percentage from payment to the vendors and pay such amount to the Government on
behalf of vendors.
SAP provides you with two procedures for processing withholding tax: "Standard" and extended
withholding tax.
"Standard" withholding tax is the procedure that has always been supported by the system.
It offers you the following features:
Withholding tax for accounts payable
Withholding tax calculation during payment
Withholding tax code per vendor line item
Extended withholding tax provides the following additional features:
Multiple withholding taxes per customer or vendor line item
Withholding tax calculation for partial payments
Withholding tax calculation for invoice entry and payment
Wazzey is a new and improved social way to buy and sell just about anything you could ever imagine. We are bringing your shopping experience to the next level. Our marketplace allows you to socially share items that you have purchased or like through social media with a click of a button. Communicate with other buyers and sellers conveniently through the marketplace through our platform or social media.
We are a small family built Company which can relate to both buyers and sellers due to our previous experience in online sales. We have started from the ground up and are here to help you do the same. Please join us today to start expanding your business or just come to shop with pleasure and ease.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
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This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Normal Labour/ Stages of Labour/ Mechanism of LabourWasim Ak
Normal labor is also termed spontaneous labor, defined as the natural physiological process through which the fetus, placenta, and membranes are expelled from the uterus through the birth canal at term (37 to 42 weeks
1. Master Mind Solutions
Tally Accounting Institute
www.mastermindsolutions.in
Tally
Instant
Vat & CST
Tax %
Invoice
2. Tally Invoice Instant Vat Tax %
Raise Quick Invoice
We, need not select the Vat Tax % For Vat
Tax Calculation
We have to change the
set up file :-
Enable Vat F11
Create Ledgers :- –
1- Party Ledger …2- Sales Ledger…3- Vat
Tax Ledger
Create Voucher :->Vat Tax Rate
First Let us Configure Vat Statutory Set Up
Press F.11 Features Key ( Picture One)
Next Pop Up Box will appear -> Contains Company Features
Select “ Statutory & Taxation”
3. Master Mind Solutions
Tally Accounting Institute
(Previous Picture)
First Let us Configure Vat Statutory Set Up
Press F.11 Features Key
Next Pop Up Box will appear -> Contains Company Features
Now you are in :-
“ Statutory & Taxation”
“Yes” To Enable Value Added Tax (VAT)
“Yes” To -> Set / Alter VAT Details
Select State-> Tamilnadu
Type of Dealer -> Regular
Regular Vat Applicable From-> 01/04/2014
Vat Configuration Set Up is Completed
“Yes” To Accept…
4. ( Picture One)
Create Ledgers:- Leger Name -> “Sales Vat Local 4%”
Select Group Under -> “Sales Account” in the List of Ledger Accounts Menu
“Yes” -> To Inventory Values Are Affected
( Picture Two)
Statutory Information
“Yes” To -> Used in Vat Returns-> Enter
Next Pop up Window Appear-> “ VAT / TAX Class”
Select -> “Sales @ 4%”
“Yes” To -> Use of Assessable Value Calculation
( Picture Three)
Method of Apportion - > Select “ Based On Quantity”
5. Master Mind Solutions
Tally Accounting Institute
Create Ledgers:- Party Ledger
Leger Name -> “Sun & Moon Enterprises”
Group Under -> “Sundry Debtors” -> Select from the List of Ledger Accounts Menu
“Yes” -> To Maintain Balances Bill –By-Bill
Default Credit Period -> 30 Days
Enter To Accept
6. Master Mind Solutions
Tally Accounting Institute
Create Ledgers:- Vat Tax Ledger
Leger Name -> “Vat Tax @ 4%”
Group Under -> “Duties & Taxes” -> Select from the List of Ledger Accounts Menu
Type of Duty / Tax -> Select “VAT” From Pop Up Menu Types of Duty / Tax
Default Vat / Tax Class -> Select “ Input Vat @ 4% From the VAT / Tax Class
“No” To Maintain Bill-By-Bill
Percentage of Calculation -> @ 4% Automatically Selected by Tally
Method of Calculation - > On Vat Rate
Rounding Method – “Say” Not Applicable
Enter To Accept
7. Picture One
Create Inventory Ledgers:-
Product Name -> “ Air Compressor Unit”
Jump To :-Units-> No’s ( Numbers)
Pass over the -> Tax Information
Picture Two
Create Inventory Ledgers:-
Product Name -> “ Honda Generator 5 Kva”
Jump To :-Units-> No’s ( Numbers)
Pass over the -> Tax Information
8. Instant Vat Tax Invoice
We Have to Raise the Sales Invoice in a Special Sales Entry Mode
Let us Create a Special Voucher:-
Pictures :- 1-2-3
Gateway of Tally-> Accounts Information-> Voucher Type-> Create
Picture:-4
Voucher Name -> Vat Instant 4%
Select :- Type of Voucher-> Sales ( Group) From the List of Groups
Method of Voucher Numbering-> Automatic
“Yes” To -> Use Common Narration
Printing Mode :- As is where is.
Important :-
Name of Class-> Vat Instant 4 %
Enter To Next Window…
I
M
P
O
R
T
A
N
T
9. Instant Vat Tax Invoice
Divided by Three Fields - > Fill the Fields as below
After Enter into -> Name of Class-> Vat Instant 4 %
Field One :-
You are in Voucher Class:-> Vat Instant 4 %
Step 1:-Exclude These Groups Field -> In Blank -> Select -> End of List…..Enter
Step 2 :-Include These Groups Field -> Select “ Sundry Debtors” From the List of Groups
Sundry Debtors reflects to Sales Parties - > Funds Receivable
Let us See the Next Fields
Field Numbers Two & Three
IMPORTANT
Field - 1
Field -2
Field - 3
10. Field - 1
Field -2
Field - 3
Instant Vat Tax Invoice
Field Numbers Two & Three
Field Two :-
You are in Voucher Class:->
Default Accounting Allocation For Each Item in Invoice
Now Curser stands in “ Ledger Name Field”
Select Ledger Name From the List of Ledger Accounts -> “ Sales Vat Local 4%”
Let us See the Next Field
VAT/Tax Class Field
11. Field - 1
Field -2
Field - 3
Instant Vat Tax Invoice
Field Numbers Two & Three
Field Two:-
Previously :-Selected Ledger Name From the List of Ledger Accounts -> “ Sales Vat Local 4%”
Now We are in - >VAT/Tax Class Field
Select “Sales @4%” From the VAT Tax Class Pop Up Menu
Next Field - Percentage-> 100 %
Let us See the Next
Field- Three
12. Instant Vat Tax Invoice
Field Three:-
Additional Ac counting Entries ( Taxes/ Other Charges)
The Blank Field represents -> Taxes & Other Charges
Select Vat Tax 4% -> From the List of Ledger Accounts.. Enter
Next Field :- Type of Calculation Select -> Calculation Methods -? “ On Total Sales”
Enter to Continue…Next
Field - 1
Field -2
Field - 3
13. Instant Vat Tax Invoice
You are in Voucher Class:-> Vat Instant 4 %
Exclude These Groups Field -> Select Nil-> End of List
Include These Groups Field -> Select “ Sundry Debtors”…Enter
Now Include Group -> Occupies “ Sundry Debtors”
Default Accounting Allocations For Each Item In Invoice:-
Ledger Name- Select “ Sales Vat Local 4%”
Now Ledger Name -> “ Sales Vat Local @4%” Occupied
VAT /Tax Class Field -> Select “ Sales @ 4% From the List of Accounts Menu
The Blank Field represents -> Taxes & Other Charges
Select Vat Tax 4% -> From the List of Ledger Accounts.. Enter
Next Field :- Type of Calculation Select -> Calculation Methods -? “ On Total Sales”…Enter
Value Basis -> 4% Tax
Rounding Method - > Not Applicable
Rounding Limit -> Set Blank
Remove if Zero-> “Yes”
This is the completion of Vat Class …
Field -1
Field -2
Field -3
Field - 1
Field -2
Field - 3
14. Sales in Default Mode
Instant Vat Tax Invoice
Select Sales Voucher Entry How?
Field One:-
Gateway of Tally-> Accounting Vouchers->Select -> Sales F8
Sales Voucher Contains:- Financial Accounts ., Inventory & Statutory.
Date-> Serial Numbers->Party’s Ledger Name-> Vat Class
Product Name-> Item Quantity-> Rate-> Per-> Discount %-> Amount
Field Two:-
Press F8 Sales Voucher Mode
Select “ Vat Instant 4% -> From List of Types.. Enter
Field Three:-
Now you are in Voucher Type-> Name Vat Instant 4 %.
Select Class-> “Vat Instant 4%” From the Voucher Class List
Yes…Instant Vat Tax Invoice is ready to work.
15. Sales in Voucher Class Mode
Instant Vat Tax Invoice
Sales Voucher Entry How?
Field One:-
Now you are in Special Sales Entry Mode Viz., “ Vat Instant 4%”
Exhibiting :- Date -> Serial Numbers
“ VAT TAX @4%
Field Two:-
In the blank field :- Select Party Name “ Sun & Moon Enterprises” From the List of Ledger Accounts
16. Instant Vat Tax Invoice
Sales Voucher Entry How?
Field One:-
Party Name Selected :- “ Sun & Moon Enterprises” From the List of Ledger Accounts
Enter To Inventory Field..
Field Two:-
Name of Item:- Blank Field-> Select the Product
“ Air Compressor Unit”…Enter to Next…
17. Instant Vat Tax Invoice
Sales Voucher Entry How?
Field One:-
Name of Item:- Blank Field-> Product Selected
“ Air Compressor Unit”… Enter to Next…
Field Two:-
“ Item Allocations for : “ Air Compressor Unit”
Do as follows…
Godown- > Main Location
Quantity-> 1 No’s
Rate-> Rs.1,50,000-00
Amount Calculated -> Rs.1,50,000-00
Enter to Select Next Product..
18. Instant Vat Tax Invoice
Sales Voucher Entry How?
Field One:-
Party Name-> Sun & Moon Enterprises“
Item (1) “ Air Compressor Unit”
Quantity-> 1 No’s…..Rate-> Rs.1,50,000-00…..Amount Calculated -> Rs.1,50,000-00
Note :
Vat Tax 4% Ledgers is instantly displaying & Vat 4% Tax is Auto Calculated by Tally is Rs.6,000-00
Product Value Rs.1,50,000-00 x 4%/100 = Rs.6,000-00
You need not select Vat Tax ….& No Display of Ledger Accounts
Enter to Select Next Product.
.
Field Two:-
Select Next Product “ Honda Generator 5 KVA” From the List of Items
Enter To Next ….
19. Instant Vat Tax Invoice - >Sales Voucher Entry How?
Field One:-
Party Name-> Sun & Moon Enterprises“
Item (1) “ Air Compressor Unit” ……. Quantity-> 1 No’s…..Rate-> Rs.1,50,000-00…..Amount Calculated -> Rs.1,50,000-00
Note :
Vat Tax 4% is Auto Calculated by Tally is Rs.6,000-00
Select Next Product “ Honda Generator 5 KVA” From the List of Items
Field Two:-
Quantity-> 1 No’s…..Rate-> Rs.2,50,000-00…..Amount Calculated -> Rs.2,50,000-00
Enter -> Now
Products Value is Rs.4,00,000-00
Vat Tax 4% is Auto Calculated by Tally Product s -> Rs.16,000-00
Total Party Amount is Rs.4,16,000-00
20. Instant Vat Tax Invoice - >Sales Voucher Entry How?
Sales Voucher Mode-> “Vat Instant 4%”
Voucher Class -> Vat Instant 4%
Date -> 01/04/2014
Party Name-> Sun & Moon Enterprises“
Item (1) “ Air Compressor Unit” .Qty-> 1 No’s…..Rate-> Rs.1,50,000-00…..Value->Rs. 1,50,000-00
Item (2) “ Honda Generator ” Qty-> 1 No’s…..Rate-> Rs.2,50,000-00……....Value-> Rs.2,50,000-00
Total Item Value -> Rs.4,00,000-00
Vat Tax 4% is Auto Calculated by Tally is-> Rs. 16,000-00
Total Party Amount is-> Rs.4,16,000-00
Master in Tally
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Tally Tips & Tricks