How to generate VAT
Commodity Computation Report?
The feature of VAT
Commodity Computation has been introduced in Tally.ERP 9 Series A Release 1.6. In the VAT Commodity Computation report, the
commodity-wise break-up assessable value and tax amount of stock items invoiced
using the respective VAT/Tax classification will be displayed.
To view the
Commodity-wise Computation report,
Go to Gateway of Tally > Display > Statutory
Reports > VAT Reports
Click on VAT Commodity. The Commodity Report menu displays as shown:
Select Purchases from the Commodity Report menu to view
Commodities purchased as shown:
Similarly, select Sales to view the Commodity-wise break-up of stock
items invoiced as shown:
Computation report can also be generated from VAT Computation screen.
Computation Report from VAT Computation
In VAT Computation screen click on F4: Commodity Report button.
Select Purchase or Sales from the Commodity Reports list and press Enter key to view the report.