Vat Adjustment Entry In Tally

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rajeev khulbe (Querist)
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22 March 2010 Sir Please Tell Me What Is The Vat Adjustment Entry In Tally. When Sale Tax(Output Vat Including C.S.T) Less Than From Purchase (Input Vat).Ex.Output Tax 1000 (Including C.S.T)& Purchase 1500 Than What Is Entry In Tally. Please Sir Its Urgent.
Vat Adjustment A/c Dr.500
Output vat A/c Dr. 1000
To Vat Input 1500
Is This Entry Is Correct.If Wrong What Is The Correct Entry. Plz Sir Reply Soon.

rajeev khulbe

rajeev khulbe (Querist)
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24 March 2010 Sir Please Tell Me What Is The Vat Adjustment Entry In Tally. When Sale Tax(Output Vat Including C.S.T) Less Than From Purchase (Input Vat).Ex.Output Tax 1000 (Including C.S.T)& Purchase 1500 Than What Is Entry In Tally. Please Sir Its Urgent.
Vat Adjustment A/c Dr.500
Output vat A/c Dr. 1000
To Vat Input 1500
Is This Entry Is Correct.If Wrong What Is The Correct Entry. Plz Sir Reply Soon.

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