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

Nature of Adjustments in Journal Voucher - Release 4.93 vs 5.2 (Goa)

Journal vouchers for accounting adjustments can be recorded using the various nature of adjustments provided in 5.2. A brief description about the nature of adjustments in Tally.ERP 9 release 5.2, and how each adjustment corresponds to the adjustment flags available in previous releases, is given below.

VAT Adjustments - upto Release 4.93

Nature of Adjustment (From 5.2)

Additional Details (From 5.2)

Adjustment Towards Entry Tax Paid

Reducing Tax Liability

Entry Tax

Input Tax Credit Admitted On Capital Goods

Input Tax Credit Admitted On Capital Goods

---

ITC on Net Present Value Scheme

Increasing Input Tax

ITC on Net Present Value Scheme

Reversal of ITC for Goods Dispatched Other Than by Way of Sales @ 4%

Reversal of Input Tax

Stock Transfer @ 4 %

Reversal of ITC on Apportionment for Manufacturing of Exempt Goods

Reversal of Input Tax

Manufacturing of Exempt Goods

Reversal of ITC on Contingencies Covered U/S 9 Sub Sec 2, 3, 5 & 6

Reversal of Input Tax

Contingencies Covered U/S 9 Sub Sec 2, 3, 5 & 6

Reverse Credit on Others

Reversal of Input Tax

Others

Sales of Goods Outside the State

Decrease in Sales

---

Set Off Against Excess ITC Under CST Act

Decrease of Input Tax

Against CST

Set Off Against Excess ITC Under Goa Sales Tax Act

Reversal of Input Tax

Set Off Against Excess ITC Under Goa Sales Tax Act

Set Off Against Excess ITC Under Goa Tax on Entry of Goods Act

Increasing Input Tax

Set Off Against Excess ITC Under Goa Tax on Entry of Goods Act

Set Off Against Excess ITC Under Goa VAT Act

Reversal of Input Tax

Set Off Against Excess ITC Under Goa VAT Act

Tax Credit for Trading Stock and Raw Materials Held at the Time of Registration

Increasing Input Tax

Opening Stock

TDS Adjustment

Decrease of Output Tax

TDS Adjustments