Recording Sales with Additional Expenses (Punjab)

You can record a sales transaction with additional ledgers to record the expenses incurred while making sales.

To record sales transaction with additional ledger

1.    Go to Gateway of Tally > Accounting Vouchers > F8: Sales > Tax Invoice.

2.    Select the party ledger in Party's A/c Name option.

3.    Enter Party Details, as required.

4.    Select Name of Item from the List of Stock Items.

5.    Select a common Sales Ledger in which the option Is VAT/CST Applicable? is set to Applicable, and Set/Alter VAT Details? is disabled.

6.    Enter the Quantity and Rate. The amount appears automatically.

7.    Enter the percentage or amount of discount.

8.    Select the discount ledger and enter the amount.

9.    Select the VAT and surcharge ledgers.

10.  Set the option Provide VAT Details? to Yes or No, as required. The sales invoice appears as shown below:

11.  Press Enter to save.

See also:

Creating a tax invoice voucher type