https://help.tallysolutions.com/docs/te9rel60/Tax_India/VAT/BR_Journal_Vch.htm

Nature of Adjustments in Journal Voucher - Release 4.9x vs 5.4 (Bihar)

Below is a brief description about the nature of adjustments in Tally.ERP 9 release 5.4, and how each adjustment corresponds to the adjustment flags available in previous releases. Journal vouchers for accounting adjustments can be recorded using the various nature of adjustments provided in 5.4.

VAT Adjustments - upto Release 4.93

Nature of Adjustment - From 5.4

Nature of Adjustment

Additional Details

Additional Tax Payable U/s 3AA

Increase of Tax Liability

Additional Tax

Adjustment Towards CST

Decrease of Input Tax

Against CST

Adjustment Towards Entry Tax Paid

Reducing Tax Liability

Entry Tax

Advance Tax Paid

Reducing Tax Liability

Advance Tax Paid

Adjustment of Advance Deduction U/s 40 Or 41

Increase Of Output Tax

Advance Tax

Amount of Tax Deferred

Decrease of Output Tax

Tax Deferred

Input Tax Adjustment for Purchases From URDs

Input Tax Adjustment for Purchases From URDs

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Rebate Under Section 24(12)

Decrease of Output Tax

Rebate

Reverse Credit - Goods Specified in Schedule- IV

Reversal of Input Tax

Goods Specified in Schedule- IV

Reverse Credit - Inter State Stock Transfer

Reversal of Input Tax

Inter State Stock Transfer

Reverse Credit - Intra State Stock Transfer

Reversal of Input Tax

Intra State Stock Transfer

Reverse Credit on Goods Damaged / Lost

Reversal of Input Tax

Goods Damaged / Lost

Reverse Credit - Sale of Goods in Schedule- I

Reversal of Input Tax

Sale of Goods in Schedule- I

Reverse Credit - Transfer of Right to Use Goods, Gifts Or Self Consumptions

Reversal of Input Tax

Transfer of Right to Use Goods, Gifts Or Self Consumptions

Sales of Goods Outside the State

Decrease in Sales

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Surcharge Payable

Increase of Tax Liability

Surcharge

Tax Adjustment on Capital Goods

Input Tax Credit Admitted On Capital Goods

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Tax on URD Purchase

Tax on URD Purchase

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Tax Paid in Excess

Decrease of Output Tax

Tax Paid in Excess

Newly introduced VAT adjustments

Nature of Adjustment - From 5.4

Nature of Adjustment

Additional Details

Increase of Tax Liability

Interest

Increase of Tax Liability

Penalty

Decrease Of CST

Advance Tax

Decrease Of CST

Rebate

Decrease of Output Tax

Adjustment Against Tax Liability On Subsequent Sales