VAT rate details
Posted in VAT

How to define new Tax Rates at Ledger or Stock Item Level in Tally ERP9?

 Defining New Tax Rate at Ledger Master in Tally ERP 9 To define new VAT rate in a ledger Go to Gateway of Tally > Accounts…

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Set VAT Details
Posted in VAT

How to define new Tax Rates for all stock Groups/items from Tax rate setup in Tally.ERP9 Release 5?

To define new Tax Rates for all stock Groups/items fromTax rate setup Go to Gateway of Tally > Inventory Info. > Tax rate setup >…

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Tax rate setup tool for VAT
Posted in VAT

Tax Rate Setup tool for VAT,Steps to configure VAT rates from Release prior 5 to release 5 and above in Tally ERP9

We know what is Tax Rate set-up tool? and why its is used?. It simplify Migration of Tally ERP9 Release  prior 5 to release 5and…

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Define VAT Commodity and tax details as masters
Posted in VAT

Configure and enter Interstate transactions against form H, I in Tally ERP 9

To configure interstate transaction against form H and form I ,You have to Enable classification. To enable classification. Go to F11: Features>F3: Statutory Make Set/Alter…

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Tax rate details
Posted in VAT

VAT in Accounts only Company in Tally ERP 9

In this chapter, You will learn how to configure VAT in Accounts only company in Tally.ERP 9 release 5. Step1 Configure Company maintaining Accounts only….

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Calculate VAT on MRP
Posted in VAT

How to see item’s MRP in transaction but not calculate VAT on MRP in Tally ERP 9

In Tally ERP 9 Release 5 onwards, You don’t want to calculate MRP on MRP but want to  see the MRP of an item while…

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Calculate VAT on MRP
Posted in VAT

State wise MRP for a stock item and calculate VAT on MRP in Tally ERP 9

We can set different MRP for a single product state-wise, and calculate VAT for MRP in Tally ERP 9 release 5. How to set MRP…

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Sales invoice configuration
Posted in VAT

How to enter VAT inclusive sales transaction in Tally ERP 9

To specify rate inclusive of VAT in Tally.ERP9 release 5 and above. In the sales/purchase voucher, click F12: Configure Enable  Provide support for inclusive of tax for stock…

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Stock items rate slab and tax rates
Posted in VAT

How to set-up & calculate VAT on Item rate in Tally ERP 9

In Tally ERP 9, You can set-up VAT rate &  VAT is calculated on item rate, Let’s see how to set up VAT in item…

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VAT rate inventory details
Posted in VAT

How to calculate VAT on quantity in Tally ERP 9?

In some states VAT rate should be calculated on the quantity instead of total invoice amount in order to prevent evasion of tax. In Tally ERP…

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