To record Purchase Returns transaction
Go to Gateway of Tally > Accounting Vouchers > Debit Note (Ctrl + F9)
Select the Excise – Debit Note from the List of Voucher Types
Select Alt+I: Item Invoice, if the voucher is in Acct invoice mode
Enter the reference number in the Ref. field. E.g. 6784
Excise Unit field displays the unit name as selected during voucher Type creation
Select the party name in the Party’s A/c Name field. E.g. Sterling Steel Industries
Enter the corresponding details in the Party Details.
Select the Purchase ledger to be allocated. E.g. Purchases @ 4%
Select the Name of the stock item from the list of Excise Stock Items
The Excise Details sub form for the Stock Item is displayed
In the Excise Details screen
Select the Supplier Invoice Number - 457 from the List of Purchases
Enter the Quantity returned as 15
Assessable Value will be defaulted automatically.
Press enter to accept the Excise Details and the Debit Note screen reappears
Enter Rate as Rs. 2329.60 and the Amount is automatically displayed
Select Input VAT ledger and press Enter, the VAT Amount is automatically calculated and prefilled.
Set Show Statutory Details to Yes to view Statutory Details of the transaction.
In Bill-wise Details screen, Select Agst Ref and select the Bill No. as 457
Press Enter to accept and save.
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