Chapter - II ( SALES TAX ) Part -1
Introduction:
Open
Tally ERP 9.6 programme either with educational or commercial mode. After the programme
opening , first go to COMPANY INFORMATION menu where you can find out the link
to open the already created company data (by selecting select company option)
or create company for the first time (by selecting create company option).
SCREENSHOT FOR COMPANY CREATION
After the company creation , in the gateway of tally section
, press F11 key which will take you to the COMPANY FEATURES section where you
can enable various features in the accounting, inventory section and also
enable the necessary tax structures as formulated by the guidelines of the Tax
Department of the Government ( like sales tax, service tax and income tax) in
the statutory and taxation feature section.
SCREENSHOT FOR COMPANY FEATURE
SETTING
In
the company feature section , first of all select INVENTORY FEATURE section
where enable the godown feature, category feature and the discount feature or
any other feature as required. Next in the STATUTORY AND TAXATION feature
section enable the required tax feature like GST (sales tax), SERVICE TAX or
INCOME TAX( TDS. TCS etc.)
SCREENSHOT FOR INVENTORY FEATURE
SCREENSHOT FOR STATUTORY &
TAXATION
So
after the required feature setting , press escape key which will take you to
the gateway of tally again. Where you can create ledgers in the ACCOUNTING INFO
menu , create stock items in the INVENTORY INFO menu and accordingly in the
TRANSACTION SECTION , choose ACCOUNTING VOUCHER (for creation of Purchase
Voucher-F9, Sales Voucher-F8, Receipt Voucher-F6,Payment Voucher-F5, Contra
Voucher-F4, Journal Voucher-F7 etc) also in the INVENTORY VOUCHER ( for
creation of Receipt Note, Delivery Note etc.).
SCREENSHOT FOR LEDGER CREATION
In
the ledger creation section, create ledgers like SUPPLIER, CUSTOMER, PURCHASE,
SALES, INPUT CGST, INPUT SGST, OUTPUT CGST,OUTPUT SGST, IGST, BANK, expense
ledgers like HOUSE RENT, TELEPHONE BILL, ELECTRICITY BILL,STAFF SALARY, PETTY
CASH EXPENSE A/C etc. Next section we are going to discuss the application of
Tally in a trading ( retailer and distributor) locally and state wise.
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