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



Purchase of Goods and Services (Inward Supply) under GST in Tally.ERP9

Once you activate GST in your company, you can record the purchase of goods and services (inward supply) that attract GST using a purchase voucher. 

1. Local GST Purchase (within State)

2. Interstate IGST Purchase (Outside State)

3. Purchase of Fixed Assets with GST ( Capital Goods)

1. Recording Local GST Purchase (within State) in Tally.ERP9

The purchase of goods or services from a supplier in the same state attracts central tax and state tax.

During Purchase  Voucher (F9) Entry Press F12 and Set YES as below :

F12 Configure during GST Purchase : Use Common Ledger Account for Item Allocation-YES
(Fig-54)

1.  Go to Gateway of Tally > Accounting Vouchers > F9: Purchase .

Recording Local GST Purchase (within State) in Tally.ERP9
(Fig-55)

Supplier invoice no.: Enter the sales invoice no. of the supplying party.

Date: Enter the date on which the sales invoice was passed by the supplier.

2.  In Party A/c name , select the supplier's ledger or the cash ledger.

3.  Select the purchase ledger applicable for local taxable purchases.

4.  Select the required items, and specify the quantities and rates.

5.  Select the central and state tax ledgers.

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

Tax Analysis - Recording Local GST Purchase (within State) in Tally.ERP9
(Fig-56)

2. Recording Interstate IGST Purchase (Outside State) in Tally.ERP9

Example :

Purchase 2 ‘Hp-Laptop’ @ Rs. 45,000 with Input IGST @ 18% i.e. Rs. 16,200
and 2 Mi-Note 4 Mobiles @ Rs. 10,000 each with Input IGST 12% i.e. Rs.2,400 –  in Cash from  Outside State – West Bengal from Registered Shop.

In the above example…Purchase of Multiple Items GST Rates in one Purchase Bill.
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchase.

During Purchase  Voucher (F9) Entry Press F12 and Set YES as below :

F12 Configure during IGST Purchase : Use Common Ledger Account for Item Allocation-YES
(Fig-54)

  • Follow the steps used for recording a local purchase transaction, with the following changes:
    • In Party A/c name, select Cash ledger i.e. Cash .
The Supplementary Details should be as below  with Address, State, GST Registration Type , GSTIN/UIN & Type of Dealer :


(Fig-58)

  • Select the Purchase Ledger created separately i.e. GST Purchase ( Inter-State)
  • Select the integrated tax ledger i.e. Input IGST.

Recording Interstate IGST Purchase (Outside State) in Tally.ERP9
(Fig-59)

Depending on the LOCATION of the Supplier, you can record a Local or Inter-State Purchase transaction with the applicable GST Rates assigned in Items and Goods.

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

Tax Analysis - Recording Interstate IGST Purchase (Outside State) in Tally.ERP9
(Fig-60)

3. Recording Purchase Invoice of Fixed Assets with GST ( Capital Goods)

You can record taxable or exempt purchases of fixed assets (capital goods).

(A) To Create a Fixed Asset Ledger (Capital Goods) in Tally.ERP9

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

Create a Fixed Asset Ledger (Capital Goods) in Tally.ERP9
(Fig-61)

2.  Group it under Fixed Assets .

3.  Select the required Nature of transaction i.e. Purchase Taxable .

4.  Select the Nature of goods as Capital Goods .

GST Details during Creation a Fixed Asset Ledger (Capital Goods) in Tally.ERP9
(Fig-62)

5.  Accept the GST Details screen.

6.  Press Enter to save.

(B) To Record the Purchase of Fixed Asset (Capital Goods) in Voucher Mode in Tally.ERP9

1.  Go to Gateway of Tally > Accounting Vouchers > F9: Purchase > Press Alt+I : Accouting Invoice .

Record the Purchase of Fixed Asset (Capital Goods) in Voucher Mode in Tally.ERP9
(Fig-63)

2.  Click F12: Configure > F12: Advanced > set Allow expenses/fixed assets in purchase vouchers to Yes .

F12: Advanced > set Allow expenses/fixed assets in purchase vouchers to Yes
(Fig-64)

3.  Enter the Supplier invoice no. and Date .

4.  Select the party ledger,

5. Select Fixed Asset i.e. Machiner and enter the Value before GST

6. Select Central GST and State GST i.e. Input CGST and Input SGST of whcih value will be calculated automatically

7.  Press Enter to save.

Sale of Googs and Services (Outward Supply) under GST and Printing Invoices in Tally.ERP9 GST Using Tally.ERP9 GST Payment Voucher with Late Fee, Penalty and Others to GST Department 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