Purchase of Exempt Goods

To create a Purchase Voucher,

Go to Gateway of Tally > Accounting Vouchers > F9: Purchase

1. Enter the reference number in the Ref field

2. Select the Party’s A/c Name for e.g., GP Associates from the List of Ledger Accounts

3. In the Purchase Ledger field, select the required purchase ledger, for e.g., Purchases - Exempt

4. 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

5. Select the Name of Item, for e.g., Books from the List of Items

6. Enter the Quantity and Rate. The amount will be automatically displayed

7. Enter the required bill references in the Bill-wise Details screen

8. Enter the Narration, if required

9. Press Y or Enter to accept and save.