To create a journal voucher for reversing tax credit
1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal.
2. Click J: Stat Adjustment to enable the required options in the Stat Adjustment Details screen.
3. Debit the purchase ledger and tax amount to be reversed.
4. Credit the VAT ledger.
o Enter the VAT Details as shown below:
5. Press Enter to accept and return to journal voucher. The journal voucher appears as shown below:
6. Press Enter to save.