Tally make it simple to comply with e-Return and e-UPaSS in Karnataka vat (popularly known as KVAT. If you are using Tally.ERP 9, then you are being blessed for saving yourself from the big hurdle in filling of these statements. Learn what is e-Return and e-UPaSS in kvat and how to comply with this statutory requirements in Tally.ERP 9
VAT/CST – filing returns During Quarter endings There is a common problem which customers face during VAT/CST returns especially during quarter ends. The issue faced is:- Suppose a customer’s supplier
CST refers to Inter state sales & Purchase transactions and proper managing CST in Tally.ERP 9 helps you to track forms receivables and forms issuable for Inter state sales & purchase transactions. Learn more how to record CST transactions in Tally.ERP 9
Vat guide in Tally is a comprehensive guide on VAT and Tally with real examples and how to pass VAT entries in Tally with various examples and separate discounts to separate customers. Vat guide in Tally is prepared by Mr. Varun, who is a Tally expert.
input and output vat duty should be adjusted with each other so that net vat refund or payable can be determined. To adjust this, you need to create a voucher class ” vat Adjustment” and should pass a jorunal entry using this voucher class. Only then your vat return/reports will show you a correct picture of vat position
When you sale items with service charges, then it is necessary for you to charge for services with the parts/items sold. Here it should be taken into consideration that Vat /excise should not be affected by the amount of service charges/repairing income/AMC charges. Tally.erp 9 supports to account such transaction. Learn here how to deal with such invoices
Creating proper duty ledger is important for professional accounting system. Learn how to create excise duty ledger properly. It should be created under the group duty and taxes and not under sales or purchase
learn concept of vat with general terms used in vat such as input tax, out put tax, tax credit etc
its an old post and due to new release of tally.erp 9, this post become outdated. better to download latest version of tally