Once you activate GST in your company, you can record the sale of goods and services (outward supply) that attract GST using a sales voucher. Ensure that you provide unique voucher numbers for your sales vouchers, and use a new series of voucher numbering.
In Tally.ERP 9, you can record sales in the item invoice mode or in the accounting invoice mode.
Sales of goods and services in a single invoice
The sale of goods or services to customers in the same state attract central tax and state tax.
To record a local sales transaction in the item invoice mode
1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales.
2. In Party A/c name, select the customer ledger or the cash ledger.
3. Select the sales ledger.
4. Select the required items, and specify the quantities and rates.
5. Select the central and state tax ledgers.
You can view the tax details by clicking A: Tax Analysis. Click F1: Detailed to view the tax break-up.
6. In the sales invoice, press Alt+P to print the invoice in the required format.
For multiple copies: Press Alt+P and then Alt+C to select the number of copies.
As per GST guidelines, details such as the applicable taxes and tax rates, and the GSTIN/UIN of the company and the customer will be captured. Depending on your requirements, you can include additional details in your invoice by clicking F12: Configure.
To ensure that company GSTIN is printed on the sales invoice:
● Specify GSTIN under Set/alter GST details? in company F11 > F3 features.
● On the Voucher Printing screen in the sales invoice, press F12 and set Print Company GSTIN Number? to Yes.
Sale of goods or services to a customer in another state attract integrated tax.
To record an interstate sale
● Follow the steps used for recording a local sales transaction. The only difference is that you have to select the integrated tax ledger instead of central tax and state tax.
You can record the sales of both goods and services in the same invoice by selecting the required sales ledger and GST ledgers (state tax and central tax for local sales; integrated tax for interstate sales).
You can view the tax details by clicking A: Tax Analysis. Click F1: Detailed to view the tax break-up.
When you maintain only accounting transactions (but not inventory of your goods), or when your company deals with services, you can use the accounting invoice mode for recording your local and interstate sales.
To record GST sales in the accounting invoice mode
1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales.
2. Click I: Accounting Invoice.
3. Select the required goods/service ledgers, and specify the quantities and rates. Alternatively, press Alt+C to create the ledgers.
4. Select the central and state tax ledgers for local sales and the integrated tax ledger for interstate sales.
Depending on the location of the party, you can record a local or interstate sales transaction with the applicable GST rates, and print the invoice. You have the choice of using item invoice or accounting invoice according to your business requirements.