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https://help.tallysolutions.com/docs/te9rel49/Value_Added_Tax/Regular_VAT/Consignment_Trf_Outward.htm

Consignment/Branch Transfer Outward

 

The goods transferred to branch offices located outside the state can be recorded using the VAT/Tax class - Consignment/Branch Transfer Outward.

The stock transfer outside the State recorded by selecting the user defined account group and the VAT/Tax class - Consignment/Branch Transfer Outward will be captured with the name of the account group in Profit & Loss Account.

Go to Gateway of Tally > Accounting Vouchers > F8: Sales

Press Ctrl+V key combination to display the screen in voucher mode. Press F12: Configure and set the option Allow Income Accounts in Sales Vouchers to Yes.

  1. Enter the reference number in the Ref. field.

  2. Debit the branch office ledger grouped under Branch/Division. The Party Details screen is displayed with the address, TIN and CST number provided in the party ledger master.

  1. Credit the Consignment/Branch Transfer Ledger. In the VAT Class Details screen, the VAT/Tax class has to be selected if the same is not predefined in the sales ledger master. On selecting Not Applicable in VAT/Tax class field, the error message is displayed as shown:

  1. Select the VAT/Tax class - Consignment/Branch Transfer Outward.

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

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

  4. Similarly, select the required stock items, enter the Quantity and Rate for each of them.

  5. Set Is e-Sugam Applicable to Yes.

Note: The Commercial Taxes Department of Karnataka has introduced e-Sugam to upload the transportation details of notified goods before the movement of such goods. Set the option - Is e-Sugam Applicable to Yes on despatch of Notified Goods as stock transfer outward else set it to No.

  1. The e-Sugam sub-screen will be displayed for entering the details pertaining to:

  2. Invoice Delivery Date: The invoice date will be captured here.

  3. From Place: Enter the place from where the goods are despatched.

  4. To Place (Destination): Enter the name of place where the goods are to be delivered.

  5. Category of Transactions: The category of transactions as listed in the e-Sugam entry form in the Department website gets displayed as list of VAT Category Type. Select the required category based on the nature of transaction.

  6. Document Type: Based on the Category of transaction selected the Document Type gets displayed in this field. Select the category as - V-I Consignment for Sale (Receipts).

  1. Transporter Name (Carries Name / Agent): The information entered in Carrier Name/Agent field of Party Details screen gets captured here. Else the Transporter Name can directly be entered in this field of e-Sugam Details sub-screen.

  2. Vehicle Number (Despatch through): Enter the Vehicle Number here.

  3. Bill of lading/LR-RR No.: The information entered in Bill of lading/LR-RR No. field of Party Details screen gets captured here. Else the same can directly be entered in this field of e-Sugam Details sub-screen.

  4. Quantity with Units: The quantity entered for each stock item will be captured along with the respective unit of measurement.

  5. e-Sugam Number: The unique number displayed in the e-Sugam acknowledgement obtained on uploading dealer TIN with the transportation details before despatch of these goods needs to be entered here.

  1. Press Enter to return to sales voucher creation screen.

  2. Select F Form as Form to Receive. Enter the Form Series number, Form No. and Date, if details are available. These details will be captured in the printed invoice.

Note: On selecting any declaration form by providing Form series number, form number and date, the details will be captured in the printed invoice/voucher.

  1. Enter the details in the Narration field, if required.

  1. Press Y or Enter to accept and save.

Note: The value of this transaction will be captured under the user defined account group in Profit & Loss Account.

  1. Press Page Up key and then Alt+P to print the invoice. Click on F12: Configure button and set the options as per requirement.

The Print Preview of the sales voucher with details of Form to Receive, Form Series Number, Form Number and Date appears as shown:

 

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