Tax Payment Reconciliation Report (Maharashtra)

All the tax payment vouchers recorded for paying VAT and CST dues and other liabilities are displayed in Tax Payment Reconciliation report. For each payment, the bank and challan details have to be provided from this report.

To view the Tax Payment Reconciliation report

      Go to Gateway of Tally > Display > Statutory Reports > VAT > Challan Reconciliation.

To set the payment details for each transaction

1.     Click S: Set Details. The Stat Payment Details screen displays the from and to dates.

2.     Enter the Deposit Date. It can be the cheque deposit date or the payment date.

3.     Enter the bank details in Name of the Bank, Name of Branch, Branch code (remittance) fields.

4.     Enter the challan number.

5.     Select the Type of Instrument.

6.     Press Ctrl+A to accept.

To display this transaction, enable the option Show transactions having challan details in Configuration screen.

Column Names

Description

Date

Displays the payment voucher date.

Particulars

Displays the bank or cash ledger selected in payment voucher.

Vch Type

Displays the name of the voucher type like Payment.

Vch No.

Displays the payment voucher number.

Type of Tax Payment

Displays VAT or CST based on the Tax Type selected in Stat Payment Details screen of payment voucher.

Payment Period

Displays From and To dates entered in Stat Payment Details screen of Tax Payment Reconciliation report.

Deposit Date

Displays From and To dates entered in Stat Payment Details screen of Tax Payment Reconciliation report.

Bank Name

Displays the name of the bank where the payment was made.

Branch Name

Displays the bank's branch where the payment was made.

Branch Code

Displays the bank's branch code where the payment was made.

Type of Payment

Displays the type of payment.

Challan No.

Displays the challan number.

Type of Instrument

Displays the type of instrument.

Amount

Displays the amount entered in payment voucher.

Click F12: Configure in Tax Payment Reconciliation screen to configure additional details.