Cash purchase with VAT in Tally9

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 November 2009 How to pass the entries of cash purchase with VAT in Tall9? Will it pass in Purchase Vouchar or Receipt voucher? If it in Receipt voucher, then how?

Querist : Anonymous

Querist : Anonymous (Querist)

06 November 2009

haridhayalan

haridhayalan (Expert)
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06 November 2009 press F9 (purchase) give credit to Cash and debit to Purchase items and VAT. This is purchase entry. there is no work for receipt voucher(F6)

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CA SANJAY MUKHERJEE

CA SANJAY MUKHERJEE (Expert)
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06 November 2009 Hi,

I think you have to create a supplier name in Purchase entry (F 9) with item No. and Vat details as you do in case of credit purchase and then make a receipt entry in cash(F 6) debiting the supplier.

Another option is to create a purchase ledger under Purchase group and use Cash payment option (F 5) debiting the created purchase ledger and Vat Input Ledger.

Guest

Guest (Expert)

09 November 2009 i agree with sanjay.

nice explanation.