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.