You can record taxable sales for items with multiple VAT rates by creating a sales voucher and including the relevant sales ledger and common VAT ledger.
To record transaction of local sales for items attracting multiple VAT rates
1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales .
2. Enter Ref number, if required .
3. Select the party ledger in Party's A/c Name option.
4. Select a common sales ledger in which the option Is VAT/CST Applicable is set to Applicable , and Set/Alter VAT Details is disabled.
5. Select the required stock items whose VAT rates are specified either at the stock group or stock item level. Enter Quantity and Rate for each stock item.
6. Select the common VAT ledger.
Ledger must be grouped under Duties & Taxes in which the options:
o Type of duty/tax is set to VAT .
o Percentage of Calculation is set to 0 .
7. Click A : Tax Analysis to display the Tax Analysis screen.
8. Click F1 : Detailed to view the names of stock items. The Tax Analysis screen appears as shown below:
9. Press Esc to return to sales invoice. The sales invoice appears as shown below:
10. Press Enter to save.
'Recording Taxable Sales (Chandigarh)' has been shared with
