To create journal voucher for decrease in output tax
1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal.
2. Click J: Stat Adjustment to enable required options in Stat Adjustment Details screen.
3. Debit the VAT ledger created under the group Duties & Taxes.
o Enter the Rate, Assessable Value and Schedule Serial No., and select the Schedule Name in the VAT Details screen.
o Press Enter to return to voucher screen.
4. Enter the amount in Debit column.
5. Credit the ledger created under the group Current Liabilities.
The journal voucher appears as shown below:
6. Press Enter to save.