You can record purchases with additional ledgers (expense/income).
To record purchases with additional (expense/income) ledgers
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchase.
2. Click F12: Configure.
In the configuration screen,
1. Click F12: Advanced.
2. Set the option Allow cash/trade discount? to Yes.
3. Press Ctrl+A to accept.
3. Enter Supplier Invoice No. and Date in the purchase invoice.
4. Select the supplier ledger in the field Party's A/c Name.
5. Select a common purchase ledger in which the option Is VAT/CST Applicable is set to Applicable, and Set/Alter VAT Details is not enabled.
6. Select the stock items whose VAT rates are specified either at the stock group or stock item level. Enter Quantity and Rate.
7. Enter the percentage or amount of discount in the field Discount.
8. Select the discount ledger in which the option Type of Ledger is set as Discount (ensure the options Is VAT/CST Applicable and Include in assessable value calculation are set to Not Applicable) and enter the value.
9. Select the VAT ledger.
10. Click A: Tax Analysis to view the Tax Analysis screen.
o Click F1: Detailed to view in detailed mode. The Tax Analysis screen appears as shown below:
o Press Esc to return to purchase invoice.
11. Set the option Provide VAT Details? to Yes/No, as required.
The purchase invoice appears as shown below:
12. Press Enter to save.
'Purchase with Additional Ledger (Karnataka)' has been shared with
