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Interstate Transfer Outward – Principal (VAT)

You can create vouchers for the stock transferred to branch office within the state by selecting the nature of transaction Interstate Transfer Outward – Principal.

This nature of transaction is provided for Rajasthan and Tamil Nadu.

1. Gateway of Tally > Vouchers > press F8 (Sales).
   Alternatively, press Alt+G ( Go To) > Create Voucher > press F8 (Sales).
2. Select the party ledger in the field Party A/c name.
3. Select the sales ledger grouped under Sales Accounts with Nature of transaction set to Interstate Transfer Outward – Principal.
4. Select the stock item. Enter the Quantity and Rate.
   
5. Accept the screen. As always, you can press Ctrl+A to save.