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Set Up Stock Items for e-Invoicing in TallyPrime (KSA)

1. Create a new stock item or open a stock item in alteration mode.
   
2. Press F12 (Configure) > enable Provide language aliases or Name and enter the name of the stock item in Arabic.
3. Update the Statutory Details, if required.
   1. Taxability is set to Taxable by default, as defined at the company level. Change the Taxability to Not Vatable, Exempt, or Zero Rated, as required.
      
   2. If you have set Taxability as Not Vatable, Exempt, or Zero Rated, update the Reason for tax exemption/zero rate.
      

   3. Ensure that Tax rate is updated as per the Taxability.

      • 15%, if you have set Taxability as Taxable.

      • 0%, if you have set Taxability as Not Vatable, Exempt, or Zero Rated.

   4. Type of Supply: Goods or Services, as needed.

4. Update other details, such as Quantity, Rate, and Opening Balance, as required.

5. Press Ctrl+A to save.

You can manage large volumes of master details, such as Stock Items and Ledgers in Excel and import import them into TallyPrime for sending to the KSA e-invoicing system.

Question & Answer

How can I review previously configured VAT rates for a stock item?
If VAT rates have been modified earlier, press Alt+W (Details) in the stock item to view the history of VAT rate details.