Go to Gateway of Tally > Accounts Info. > Voucher Types > Alter > Tax Invoice
In the Voucher Type Alteration screen, enter the Name of Class as VAT Exclusive Class.
In the Voucher Type Class screen End of List in Exclude these Groups and Include these Groups columns.
Under Default Accounting Allocations for each Item in Invoice, select the Sales ledger with VAT/Tax class - Sales @ 12% and enter the Percentage as 100%. Set Override using Item Default to No.
Under Additional Accounting Entries section select Output VAT ledger with the VAT/Tax class - Output VAT @ 12%, select the Type of Calculation as On VAT Rate with Value Basis of 12%.
Accept the Voucher Type Class screen.
Accept the Voucher Type Alteration screen.
Go to Gateway of Tally > Accounting Vouchers > F8: Sales > Select the Voucher Type as Tax Invoice
Select VAT Exclusive Class from Voucher Class List
On selecting voucher class, the output VAT ledger gets automatically displayed.
Select the party ledger in the Party’s A/c Name field.
In the Party Details screen, enter/modify the required details.
Select the Name of Item from the List of Items. Enter the Quantity and Rate. The amount is automatically displayed in the Amount field.
The output VAT amount gets calculated and the cursor skips the output VAT ledger field.
The field Show Statutory Details will be set to No which can be enabled to view the breakup of assessable value and tax amount.
Press Y or Enter to accept and save.
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