In Tally.ERP 9, you can create a journal voucher to account for the increase in output tax.
To create journal voucher for increase of 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.
● In the Stat Adjustment Details screen,
o Select the option VAT in the Type of duty/tax field.
o Select the option Increase of Output Tax in the Nature of adjustment field.
o Select the option Advance Tax in Additional Details field.
o Press Enter to save and return to voucher screen.
3. Debit the ledger grouped under Current Liabilities.
4. Enter the amount in the Debit column.
5. Debit the VAT ledger.
o Enter the Rate and Assessable Value in the VAT Details screen.
o Press Enter to return to voucher screen.
6. Set the option Provide VAT Details to Yes, and enter the relevant details.
Note: The option Provide VAT Details is provided as per state specific requirements of VAT/CST forms and annexures. In this example, the State is selected as Bihar.
7. Enter Narration, if required.
The journal voucher appears as shown below:
8. Press Enter to save.