Recording Sales at MRP (Puducherry)

You can create sales voucher with tax on MRP.

To record sales transaction with tax on MRP

1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales .

2. Select the customer ledger in the Party’s A/c Name field.

3. Select the required Sales Ledger .

4. Select the stock item for which Calculate VAT on MRP? is enabled and enter the Quantity , and Rate .

5. Select the common VAT ledger. The rate will be calculated automatically based on MRP of the item.

The sales invoice appears as shown below:

6. Press Enter to save.