Vat in tally

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 December 2014 if in my organization dealing in three state , so in Tally we have to create three company in order to get VAT status in Tally

Rupesh Jain

Rupesh Jain (Expert)
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30 December 2014 YES YOU HAVE TO CREAT THREE COMPANY OR MAKE ONE COMPANY BUT YOU HAVE TO FACE SOME DIFFUCILITES WHEN YOU CALCULATE THE TAX LIABILITY AND INOVICE NUMBERS

Querist : Anonymous

Querist : Anonymous (Querist)

30 December 2014 yes ..Sir, Rupesh Sir I have one more problem,
some times we used to sale for UP from our Panjab Br, or Sale in Panjab from taking Inventory from Delhi.

we dont have centralized godown

Rupesh Jain

Rupesh Jain (Expert)
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30 December 2014 you can create inter branch a/c for that in which you make tfr entry of goods and also payment recd. from customer of another br.
and you have to reco. the a/c monthwise or weekly otherwise you cannot match the inter branch.

also you can prepare

inter branch purchases a/c
inter branch Bank a/c

Querist : Anonymous

Querist : Anonymous (Querist)

30 December 2014 thank you Rupesh sir, it can be done in Tally,
how can i do with inventery wise in inter branch purchase, we have 54 items as inventory .
suppose if I purchase for Panjab bR. and make entry in Pajanb Tally , as you advised earlier , then should i do another purchase entry as inter br. purchased.

can u state in brief sir. I will highly obliged

Rupesh Jain

Rupesh Jain (Expert)
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30 December 2014 you can make vendor ledger with name of
vendor(other than Punjab) a/c

in purchase ledger will be Purchase stock transfer a/c
and make in purchase invoice entry and then select the item name also.

like that selling branch

under sale a/c
stock tfr. sale a/c
under debtors customer a/c

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