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Recording Sales Returns (West Bengal)

A credit note is recorded against the original sales invoice to record a Sales Return

To create a credit note for taxable goods

1. Go to Gateway of Tally > Accounting Vouchers > Crl+F8: Credit Note .

2. Enter the Original Invoice No. of sales invoice against which credit note is recorded.

3. Select the required Party’s A/c Name from the List of Ledger Accounts .

4. Enter the required details in Party Details screen.

5. Select the common sales ledger.

6. Select the required taxable stock item.

7. Enter the Quantity and Rate .

8. Select the required common VAT ledger.

9. Set the option Provide VAT Details? to Yes .

10. Select the Nature of Return as:

o Not Applicable to account for sales returns.

o De-Escalation in Price to account of price difference.

11. Select the required Nature of Return and press Enter . The credit note appears as shown below:

12. Press Enter to save.