In Tally.ERP 9, you can record a sales voucher to account for sales inclusive of the tax amount.
To record inclusive of tax sales transaction
1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales.
2. Select the Party's A/c Name.
3. Select the Sales Ledger with taxable nature of transaction.
4. Select the stock item for which the option Is inclusive of duties and taxes? is enabled.
o Enter the Godown, Quantity, Rate and Amount.
o Press Enter.
o Press Ctrl+A to save, and to return to sales invoice.
The Stock Item Allocations screen is displayed as shown below:
5. Select the common VAT ledger. Based on the VAT rate, amount will be automatically displayed.
6. Select the additional tax ledger.
7. Set the option Provide VAT Details? to Yes to view the Statutory Details screen.
● Set the option Type of invoice to Retail/Tax Invoice, as required.
● Enter the other details.
● Press Ctrl+A to accept.
The sales invoice appears as shown below:
8. Press Enter to save.