Free Online Tally.ERP9 Help & Tutorial : www.tallyerp9help.com



Journal Voucher for Refund of Tax, Interest, Penalty, Late Fee or Other Dues under GST in TallyERP9

You can claim the excess amount paid as tax, interest, penalty, late fee or other dues as refund using a journal voucher.

(A) Journal Voucher for Refund of Excess payment of Late Fee Liability under GST in TallyERP9

1.  Go to Gateway of Tally > Accounting Vouchers > F7: Journal .

2.  Click : Stat Adjustment .

3.  In the Stat Adjustment Details screen, select the options as shown below:

Stat Adjustment towards Refund of Excess Paid for Interest under GST in TallyERP9
(Fig-199)

4.  Press Enter to save and return to the journal voucher.

5.  Debit the bank ledger, and enter the amount of interest liability.

Note: To select bank or cash ledger, click F12: Configure and set the option Allow cash accounts in journal vouchers? to Yes in the Voucher Configuration screen.

6.  Credit the GST ledgers or ledger grouped under Indirect Expenes (earlier) or Current Assets .

7.  Press Ctrl+A to accept the journal voucher.

Journal Voucher for Refund towards Excess Paid of Tax Liability for Late Fee under GST in TallyERP9
(Fig-200)

Similarly, you can record the journal voucher by selecting the Additional Details in the Stat Adjustment Details as:

  • Not Applicable , for refund of excess tax payment made.

  • Penalty , for refund of excess payment made towards penalty.

  • Interest , for refund of excess payment made towards Interest.

  • Others , refund of excess payment made towards other dues.

 
Journal Voucher to Increase of Tax Liability for Interest, Penalty, Late Fee and Other Dues in GST in TallyERP9 GST Using Tally.ERP9 Generating GSTR-1 Report in TallyERP9


Get...Tally.ERP9 Book + GST Assignment (2 Set) @ Rs.550


 
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

Trademarks :
Tally,Tally GST,TallyERP9 GST, 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. This Website is not associated with any product or vendor mentioned in this Website
About | Privacy Policy |
© 2019 : www.tallyerp9help.com