www.TallyERP9Help.Com
 
Select Your Language :

Recording Sales of Composite Supply Under GST (Expense Apportioning) in Tally.ERP9

You can record the sales of a composite supply using a sales invoice. The rate of tax applicable on the principal supply will be considered as the rate of tax for the composite supply.

In a composite supply of both goods and services, either one of them can be the principal supply. If you are not sure about the principal supply and the secondary supply, you can create separate invoices for the goods and services.

For composite supply:

Create a service ledger to participate in the sales of composite supply.

Record sales of composite supply.

To create a service ledger

1.    Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

2.    Is GST Applicable? - Not Applicable. The option Include in assessable value calculation for appears.

3.    Include in assessable value calculation for - GST.

o     Appropriate to Goods, as the principal supply is considered as goods in this example.

4.    Press Ctrl+A to accept.

To record the sales of composite supply with goods as principal item

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

2.    Select the service ledger (in this example, the ledger applicable for transportation charges).

3.    Select the applicable tax ledgers (central and state/union territory taxes for local supply, integrated tax for interstate supply).

You can view the tax details by clicking A: Tax Analysis. Click F1: Detailed to view the tax break-up.

 
 
 
 
Tally.ERP 9 Reference Manual LIBRARY
1.
Installation of Tally.ERP9
2.
Site Licensing of Tally.ERP9
3.
Shortcut Keys in Tally.ERP9
4.
Maintaining Company Data
5.
Creating Masters
5a. Accounts Information [Creating Masters]
5b. Inventory Information [Creating Masters]
6.
Voucher Entry
7.
Reports in Tally.ERP9
8.
Excise for Dealer
9.
Excise for Manufacturer
10.
Reports [ Excise for Manufacturer]
11.
Excise for Importer
12.
Service Tax in Tally.ERP9
13.
Tax Collected at Source (TCS) in Tally.ERP9
14.
Tax Deducted at Source (TDS) in Tally.ERP9
15.
Value Added Tax (VAT) in Tally.ERP9
16.
Central Sales Tax (CST) in Tally.ERP9
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
GST in Tally.ERP9
|
|
|
|
|
|
|
|
Disclaimer :
Tally, Tally 9, Tally9, Tally.ERP, Tally.ERP 9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners.
The visitors may click here to visit the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications