Recording Journal Vouchers for Adjustment Towards CST (Uttar Pradesh)

To record journal voucher for adjustment towards CST

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

2.     Click J: Stat Adjustment to enable the required options in the Stat Adjustment Details screen.

o      Select Type of duty/tax as VAT.

o      Select Decrease of Input Tax, as the Nature of adjustment.

o      Select the Against CST in Additional Details field.

Note: Based on the selection made for Nature of Adjustments, the Additional Details option will appear or disappear.

o      Press Ctrl+A to return to the voucher.

3.     Debit CST ledger. Enter the CST Rate and Assessable value in VAT Details screen. Enter the tax amount.

4.     Credit the input VAT ledger. Enter the VAT Rate, Addl.Rate and Assessable value in VAT Details screen. Enter the tax amount.

The journal voucher appears as shown below:

5.     Press Enter to save.