To create a sales entry for exports,
Go to Gateway of Tally > Accounting Vouchers > F8: Sales
Select the Voucher type – Sales Standard
Enter the reference number in the Ref field if required
Enter the Tax Invoice No.
Select the Party’s A/c Name for e.g., Sapphire Traders from the List of Ledgers
Select the required ledger in the Sales Ledger field, for e.g., Exports - with L/C
Select the VAT/Tax Class as Exports - with L/C from the List of VAT/TAX Class if it was not selected while creating ledger
Select the required Stock Item for e.g., Computer from the List of Items
Enter the Quantity and enter the foreign currency RM 7.54
In the Forex Rate of Exchange screen enter the Rate of Exchange as shown:
Similarly select the other stock items, enter the quantity and rate
If the item is sold at a discount price then, select the ledger Discount created under Indirect Expenses
If the Discount ledger is selected, then prefix the rate of discount with a Negative (-) symbol.
Enter Narration if required
Accept the sales invoice
Press Y or Enter to accept and save.
Press Pg Up key and click on Alt+P: Print button
The Report Generation screen displays as shown:
Click on F12: Configure and set the option Print in Statutory Format to Yes
The print preview of invoice displays as shown:
The following details are displayed in the Standard Tax Invoice
The Invoice No.: It displays the number assigned in the sales voucher
Code and No. of Tax Invoice: The Tax Invoice Code as entered in F11: Features and the seven digit number entered in the Invoice is printed in this field.
Name: The company name as entered in the company creation screen is printed here
Address: The company address as entered in the company creation screen is printed here
VAT Regn. No.: The VAT Regn. No. as entered in F11: Features is printed in this field
The Date of Issue of Taxable Invoice: The VAT Regn. Date as entered in F11: Features is printed in this field
Name: The name of the buyer is printed in this field
Buyers Address: The buyer's address is printed in this field
VAT Regn. No.: The buyers VAT Regn. No. as entered in the ledger is printed here
Type of Goods/ Services: The nature of goods or service being sold is entered here
Selling Price in Foreign Currency and In Indonesian Rupiah: The value of the goods being sold is printed in both the sellers as well as the buyers currency (Since the above is a foreign currency transaction)
Total Sale/Compensation/Advances: The value of the sale is printed in this field
Total Discount: Any discount offered is printed in this field
Amount of Down Payments: This field remains blank
Total Subject to VAT: The total value of goods sold that are VAT liable is printed in this field
VAT Amount: 10% X Total Subject to VAT
Place & Date: The date and place of the Invoice is printed in this field
Authorised Signatory: The Designation of the person filing the return entered in the Print Configuration screen is printed in this field.
Exchange Rate: The Rate at which the currency was exchanged
To create a sales entry for exports,
Go to Gateway of Tally > Accounting Vouchers > F8: Sales
Select the Voucher type – Sales Standard
Enter the reference number in the Ref field if required
Enter the Tax Invoice No.
Select the Party’s A/c Name for e.g., Sapphire Traders from the List of Ledgers
Select the required ledger in the Sales Ledger field, for e.g., Exports - without L/C
Select the VAT/Tax Class as Exports - without L/C from the List of VAT/TAX Class if it was not selected while creating ledger
Select the required Stock Item for e.g., Key Board from the List of Items
Enter the Quantity and enter the foreign currency RM 7.54
In the Forex Rate of Exchange screen enter the Rate of Exchange as shown:
Enter Narration if required
Accept the sales invoice.
'Sales Voucher using the Sales Standard Voucher Type' has been shared with
