Please Wait ..

to your account


Remember Me

Forgot your password?

Sign-up now

Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Discussion > VAT > Others >

Manual entry of vat purchase and sales

    Post New Topic
Pages : 1

Manager (Accounts)

[ Scorecard : 198]
Posted On 10 May 2012 at 13:23 Report Abuse


Dear All,

I am using Tally.ERP in Ethiopia but there is no Statutory Compliance and VAT Class available for the country Ethiopia in Tally.ERP9. So I want to know which ledger accounts should be opened for entries of VAT Purchase and VAT Sales in Tally and under which head. And how would I calculate and do entry of VAT Computation. 

Please help me and oblige.

Thanks and regards

Ajay Singh

Online classes for CA CS CMA

Share on

Giridhar S Karandikar
Team Lead

[ Scorecard : 2923]
Posted On 10 May 2012 at 13:29

For VAt purchase open the account  VAT Input Credit under the head current assets & for VAT Sales open the Account VAT Output under current liability.

Total thanks : 2 times

There are 1 Replies to this message

Related Files

Related Threads

Post your reply for Manual entry of vat purchase and sales

Your are not logged in . Please login to post replies

Click here to login

Not a member yet ?? Click here to signup



  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.

Forum Home | Forum Portal | Member Control Center | Who is Where | Popular Threads | Today's Topic | Recent Posts | Today's Posts | Post New Topic | Thread With Files | Top Threads This Month | Forum Stats | Unreplied Threads

back to the top