Sales Returns (Malaysia)

A Credit Note voucher is used to record Sales Return entry.

In F11: Features > F1: Accounting Features,

• Set Use Debit/Credit Notes to Yes

• Use Invoice mode for Credit Notes to Yes

Go to Gateway of Tally > Accounting Vouchers > Ctrl + F8: Credit Note

1. Enter the Reference number in the Ref field if required

2. Select Party’s A/c Name from the List of Ledger Accounts

3. Enter the required details in Party Details sub form

4. Select the ledger Sales @ 10% in the Sales Ledger field

5. On selecting the sales ledger, the Sales Tax Class appears accordingly. In case where the VAT/Tax class is not selected in the ledger master, select the same while invoicing

6. Select the required stock item, for e.g., Computer from the List of Items

7. Select the Tax ledger, for e.g., Sales Tax @ 10% from the List of Ledger Accounts

8. Select the required reference details in the Bill-wise Details screen

9. Enter the Narration if required

10. Accept the screen to save