Journal Voucher (Madhya Pradesh)

Below is a brief description about the nature of adjustments in Tally.ERP 9 release 5.4, and how each adjustment corresponds to the adjustment flags available in previous releases. Journal vouchers for accounting adjustments can be recorded using the various nature of adjustments provided in 5.4.

VAT Adjustments - up to Release 4.93

Nature of Adjustment (From 5.4)

Additional Details (From 5.4)

Adjustment of Refund After Specified Period

Refund of Input Tax

Specified Period

Adjustment Towards CST

Decrease of Input Tax

Against CST

Adjustment Towards Refund Order

Refund of Input Tax

Refund Order

Amount of Tax Deferred

Decrease of Output Tax

Tax Deferred

Amount of Tax Exempted

Decrease of Output Tax

Tax Exempted

Interest Payable

Increase of Tax Liability

Interest

Reversal Input Tax Credit on Transfer

Reversal of Input Tax

Stock Transfer

Reverse Credit - Goods Disposed Off Otherwise Than by Sale

Reversal of Input Tax

Goods disposed off otherwise than by sale

Reverse Credit - Goods Given As Gift, Free Sample

Reversal of Input Tax

Goods Given As Gift, Free Sample

Reverse Credit - Goods Used for Packing

Reversal of Input Tax

Goods Used for Packing

Reverse Credit - Inter State Stock Transfer

Reversal of Input Tax

Inter State Stock Transfer

Reverse Credit on Others

Reversal of Input Tax

Others

Reverse Credit - Works Contract

Reversal of Input Tax

Works Contract

Reverse Tax Credit - Used in Manufacture of Exempted Goods

Reversal of Input Tax

Manufacturing of Exempt Goods

Tax Adjustment Towards Other Dealer's Dues

Reversal of Input Tax

Tax Adjustment Towards Other Dealer's Dues

TDS Adjustment

Decrease of Output Tax

TDS Adjustments