Sales Returns (Maharashtra)

In Tally.ERP 9, you can record a credit note to account for sales returns within the state of Maharashtra.

To create a credit note for taxable goods

1.    Go to Gateway of Tally > Accounting Vouchers > Crl+F8: Credit Note.

2.    Enter the Original Invoice No. and Original Invoice Dt of sales invoice in their respective field.

3.    Select the required Party’s A/c Name from the List of Ledger Accounts.

4.    Enter the required details in Party Details screen.

5.    Select the common sales ledger in Sales Ledger field .

6.    Select the required nature of transaction in VAT/Tax Class.

7.    Select the required taxable stock item.

Note: The stock item is not configured for tax inclusion and MRP

8.    Enter the Quantity and Rate.

9.    Select the required common VAT ledger  grouped under Duties & Taxes in which the options,

     Type of Duty/Tax is set to VAT.

     Percentage of Calculation is set to zero.

10.  Set Provide VAT Details to Yes or No as per requirement.

11.  Press Enter to save.