subbareddy (asst accounts) (31 Points)
04 January 2015i am working with a trading company we purchase scrap from one of the news paper printing company
they are collecting the tcs from us.How i can entry in tally erp 9
i searched in google and different websites their is only entry for sales enbled in tally
please help me
Arif Ali
(Apt Co Advisory)
(1230 Points)
Replied 05 January 2015
Here it is not confirm that you are asking about journal entry only or about entry by using the function of TCS in tally.
However I am providing the journal entry:-
Purchase A/c ... Dr.
TCS on purchase of ..... Dr.
To Supplier Name
Accordingly you can put the amount above. and if there are VAT/CST amount, then accordingly it will debited as VAT input or added in purchase amount.
And if you are asking about enable the feature of TCS, the it can be done by pressing F11.
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