Tds & Vat Entry in tally
This query is : Resolved
25 April 2009
we have received Dyeing Bill
Dyeing bill inclues vat
Pls help me how i can use both option (tds & Vat)in tally journal voucher option
we have received Dyeing Bill
Dyeing bill inclues vat
Pls help me how i can use both option (tds & Vat)in tally journal voucher option
25 April 2009
Expenses Account Dr (Amount of Expense)
VAT A/c Dr (Amount of Vat Input)
To TDS Payable (TDS amount)
To Party Account (Balance Amount)
Both the VAT Account and TDS payable account should be opened under the head 'Duties and Taxes'. In that way, you can pass the journal entry in tally.
VAT A/c Dr (Amount of Vat Input)
To TDS Payable (TDS amount)
To Party Account (Balance Amount)
Both the VAT Account and TDS payable account should be opened under the head 'Duties and Taxes'. In that way, you can pass the journal entry in tally.
28 April 2009
thank for reply,
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