To record a transaction for purchase of exempt goods
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases.
2. Enter the Supplier Invoice No. and Date if any.
3. Select the supplier ledger in Party’s A/c Name field.
4. Select a Purchase Ledger predefined with Purchase Exempt as the Nature of transaction.
Ensure the option Party Entity/Org. Type is set to Not Applicable in the purchase exempt ledger.
5. Select the required stock item. Enter Quantity and Rate. The purchase invoice appears as shown below:
6. Press Enter to save.
To record a transaction for purchase of exempt goods
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases.
2. Enter the Supplier Invoice No. and Date if any.
3. Select the supplier ledger in Party’s A/c Name field.
4. Select a Purchase Ledger predefined as exempt unit.
In the VAT Details screen of purchase ledger, set the options as given below:
● Select Purchase Exempt as the Nature of transaction.
● Select Exempted Unit as the Party Entity/Org. Type.
5. Select the required stock item. Enter Quantity and Rate. The purchase invoice appears as shown below:
6. Press Enter to save.
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