Purchase Returns

To create an entry for purchase returns,

Set the Option following options to Yes in F11: Features > Accounting Features

• Use Debit/Credit Notes

• Use Invoice mode for Debit Note

Go to Gateway of Tally > Accounting Vouchers > Crl+F9: Debit Note

1. Enter the original purchase invoice number and date in the Original Invoice No. and Original Invoice Dt. fields. These details will be captured in Relevant Invoice Number and Relevant Invoice Date columns of e-return.

2. Select Purchase Returns Or Rejected in the Used for field.

3. Select the Party’s A/c Name from the List of Ledger Accounts.

4. Select the Purchase Ledger with the taxable VAT/Tax class - Purchases @ 16%.

5. The VAT/Tax Class appears as predefined in ledger master.

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 Input VAT ledger with the VAT/Tax class - Input VAT @ 16%. The amount of Input VAT is calculated on the assessable value.

9. In Brief Desc for VAT field, enter the brief description of the goods being sold.

10. In Bill-wise Details screen, select the bill against which the goods are returned.

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

12. Press Y or Enter to accept and save.

Note: The assessable value of entries made in debit note by selecting Purchase Returns Or Rejected in the Used for field is captured in

* Box 6: Return of goods Purchased using the VAT/Tax Class Purchases @ 16% and Purchases - Imports @16%

* Box 7: Return of goods Purchased using the VAT/Tax Class Purchases @ 12%

* Box 8: Return of goods Purchased using the VAT/Tax Class Purchases - Zero Rated and Imports

of Form VAT 3 under Value Excl. VAT field. The input vat is captured in box 6 & 7under VAT Charged field.

The Purchase Returns can also be accounted through Journal Voucher using the flag Purchase Returns Or Rejected.