Creating a VAT Adjustment Class for
to Gateway of Tally
>Accounts Info. > Voucher Types > Alter > Journal
the Voucher Type Alteration screen, enter the Name of Class, for e.g., VAT Adjustment Class.
Set Use Class for
VAT Adjustments to Yes.
Press Enter to go back to Voucher Type Alteration screen.
Press Y or Enter to accept and save the
Note: The voucher class is
created for enabling the list of VAT Adjustments (flags) in journal. The same is
used for recording the adjustments in the form.
The VAT Adjustment to be used for recording
the adjustment entries will be displayed for selection based on the State and the Type of Dealer pre-defined in the F3: Statutory &
To record the journal entry
using the voucher class, go to Gateway of Tally >
Accounting Vouchers > F7: Journal > Select the Class from the Voucher Class List. In the Used for field, select the
required VAT Adjustment and record the entry
list of VAT Adjustment will be displayed. The screenshot shown below has VAT
Adjustments provided for Karnataka VAT enabled Company.