To record inclusive of tax sales transaction
1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales.
2. Select the Party's A/c Name.
3. Select the Sales Ledger with taxable nature of transaction.
4. Select the stock item for which the option Is inclusive of duties and taxes? is enabled.
o Enter the Godown, and Quantity.
o Press Enter.
o Enter the the tax inclusive rate for an unit of item in the Rate (Inclusive of Tax) field, in the Inclusive of Tax screen.
o Press Enter.
o Amount is automatically calculated.
o Press Ctrl+A to save, and to return to sales invoice.
5. Select the common VAT ledger. Based on the VAT rate, amount will be automatically displayed.
The sales invoice appears as shown below:
6. Press Enter to save.