Tally
This query is : Resolved
27 June 2011
Sir
when we enter sales and purchases entries with vat in tally what is difference between
enter as a Vocher & Enter as a Invoice
I mean how above both are affected in final accounts
when we enter sales and purchases entries with vat in tally what is difference between
enter as a Vocher & Enter as a Invoice
I mean how above both are affected in final accounts
29 June 2011
The difference is only in presentation. One is seem and entered in the journal entry format while the other is entered in an invoice format. It is easier to enter quantitative details in invoice format. Effect of both types are same in the final accounts.
30 June 2011
Thanku Sooo Much sir
30 June 2011
Kindly clarify one thing sir
if we enter stock details in invoice format, Ex: we buy raw material and process it and we sell finished good. so we can not enter consumption in entries then in closing stock total purchse stock is reflectd as it not consumed, but actually we consumed them in processing and there is now raw material same stock
how can this solved sir
if we enter stock details in invoice format, Ex: we buy raw material and process it and we sell finished good. so we can not enter consumption in entries then in closing stock total purchse stock is reflectd as it not consumed, but actually we consumed them in processing and there is now raw material same stock
how can this solved sir
30 June 2011
You will have to pass a 'Stock Journal Voucher' for daily production.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
