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https://help.tallysolutions.com/docs/te9rel51/Tax_India/VAT/Delhi/JV_VAT.htm

Creating Journal Voucher

To create a journal voucher

  1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal.

  2. Click J: Stat Adjustment button.

  1. In the Stat Adjustment Details screen, click F12: Configure and enable the option Allow All Adjustment Types to display all the nature of adjustments.

  2. Select Type of Duty/Tax as VAT.

  3. Select the required adjustment, for example, Reversal of Input Tax, from the List of Nature of Adjustments.

  4. Select the required Additional Details section. Based on the selection made for Nature of Adjustments, this option will disappear on selecting nature of adjustments for which additional details are not required.

  5. Allow any one of the following settings if additional details are required for the selected nature of adjustment:

  • Allow selection of additional nature of adjustments

  • Set the additional nature of adjustments automatically

  1. Debit the VAT Payable ledger grouped under Current Liabilities and enter the value in the amount field.

  1. Credit the common or rate specific input VAT ledger grouped under Duties & Taxes and specify its options as follows:

  • Select VAT in Type of Duty/Tax.

  • Disable Use for Purchase Tax.

  • Set Percentage of Calculation to zero.

  1. Press Enter to save.

 

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