banner_ad

Tally erp

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 May 2012 adjustment entry

output vat 15000

input vat 4500


inki entry tally me kasi hogi

payment ya journal voucher me hogi

Profile Image

CA Siddhartha Bhardwaj

Profile Image

CA Siddhartha Bhardwaj (Expert)
31 May 2012 Your output VAT exceeds the input. So you have to make payment for the difference.

Use payment voucher and entry will be as under:

Output VAT 15,000
To Input VAT 4,500
To Bank 10,500
Profile Image

CA. RICHI SAXENA

Profile Image

CA. RICHI SAXENA (Expert)
31 May 2012 You should use a journal entry first of all:

Output VAT 15,000
To Input VAT 4,500
To VAT payable 10,500

VAT Payable should be grouped under Current Liability.
And then make payment entry :

VAT payable 10,500
To Bank/Cash 10,500

CA.Richi Saxena
Profile Image

CA CS Pawan Jajoo

Profile Image

CA CS Pawan Jajoo (Expert)
01 June 2012 Agreed with CA Richi saxena
Profile Image

CA. RICHI SAXENA

Profile Image

CA. RICHI SAXENA (Expert)
01 June 2012 Thankyou Pawan Sir.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details