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Record Increase or Decrease in Purchase Value in TallyPrime

In some business situations, the value of a purchase may increase or decrease due to reasons such as price revisions, additional charges, defective goods, or purchase returns. In TallyPrime, you can record a Credit Note to account for an increase in purchase value and a Debit Note to account for a decrease in purchase value, ensuring that your purchase records remain accurate.

Record Increase in Purchase Value in TallyPrime

1. Press Alt+G (Go To) > Create Voucher > press F10 (Other Vouchers) > Credit Note.
2. In Party A/c name, select the original supplier.
3. Under Original Invoice Details, enter the Original Invoice No. and Date.
   
4. Specify the Name of Item and the Quantity and Rate.
   
5. Provide Narration for the voucher, if needed, and press Ctrl+A to save.

Record Decrease in Purchase Value in TallyPrime

1. Press Alt+G (Go To) > Create Voucher > press F10 (Other Vouchers) > Debit Note.
2. Press Ctrl+H (Change Mode) and select Item Invoice.
3. In Party A/c name, select the original supplier and press Enter.
4. Under Original Invoice Details enter the Original Invoice No. and Date of the original purchase transaction.
5. In the Ledger account field, select the purchase ledger.
6. Enter name of stock items and specify Quantity and Rate.
7. In the Bill-wise Details screen, update the required details.
   
   1. Select Agst Ref as the Type of Ref and select the purchase invoice for which the value is being decreased.
   2. In Amount, enter the decreased purchase value, including tax, and select Cr under Dr/Cr.
      
8. Provide Narration for the voucher, if needed, and press Ctrl+A to save.

In this way, you can record purchase value adjustments using Credit Notes and Debit Notes, and keep purchase records and supplier balances accurate.