Creating Sales Voucher Class (Inclusive of Tax)

This is used when the Tax amount is included in the Sales value and the same is illustrated with an example.

You can either alter the existing Sales Voucher Type or create a new voucher type based on their requirements.

1. Configure Sales Voucher Class

Go to Gateway > Accounts Info > Voucher Types > Alter > Sales

Give a name to the class under Name of Class say Sales Class B. You can create more than one class.  Specify the table of class as below:

  Voucher Class

Sales Voucher Class

Default Accounting Allocations

Set the option Default Accounting Allocations for to Not Applicable (Refer to Voucher Class – Allocation of Stock Item for the usages of this option).

2. Record Sales

Now pass Sales Invoice and check,

Go to Gateway of Tally >Accounting Vouchers > F8 Sales > select Sales Class B

Creating_a_Sales_Voucher_Class_Inclusive_of_Tax_2

The total value of the sale is Rs. 1500/-.  Select the entry in Alteration mode, move the cursor till the Amount field and check.

  Recording a Payment with Voucher Class

Creating_a_Sales_Voucher_Class_Inclusive_of_Tax_3

The total value is allocated to Sales and Tax Ledgers, as defined in the voucher class.

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