Creating a Purchase Voucher

To create a Purchases Voucher,

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

1. Select As Invoice

2. Enter the reference in the Ref field, if required

3. Select the Party’s A/c Name, for e.g., Excel Traders from the List of Ledger Accounts

4. Select the required ledger in Purchase Ledger field, for e.g., Purchases - Goods @ 12%

5. Select the required VAT/Tax Class, for e.g., Purchases - Goods @ 12% from the VAT/Tax class list

6. Select the Name of Item from the List of Items

7. Enter the Quantity and Rate. The amount is automatically displayed in the Amount field

8. Select the Input VAT  ledger, for e.g., Input VAT @ 12% on Goods. The Input VAT percentage is automatically calculated on the Assessable Value

9. Enter Narration, if required

10. Press Y or Enter to accept and save.