Recording Local Purchase (within State) under GST in Tally.ERP9
 

Once you activate GST in your company, you can record the purchase of goods and services that attract GST using a purchase voucher. Ensure that you provide unique voucher numbers for your purchase vouchers, and use a new series of voucher numbering.

A.         Local purchase

B.         Interstate purchase

A.      Local Purchase

The purchase of goods or services from a supplier in the same state attracts central tax and state tax.

Method-1 : To Record a Local Purchase Transaction

[ Using Common Ledger Account for all items with same Tax Rate]

During Purchase  Voucher (F9) Entry Press F12 and Set YES as below :

 
 

As per our Practical Example No. 1

Purchase from Raj Infotech, 5 CDs of Antivirus Software @ Rs. 800 each, with Input GST rate @ 18%. i.e. Rs.. 720 -  [ CGST (9%) Rs.360 and SGST (9%) Rs.360 ]

1.         Go to Gateway of Tally > Accounting Vouchers > F9: Purchase.

 
 

Supplier invoice no.: Displays the sales invoice no. of the supplying party.

Date: Displays the date on which the sales invoice was passed by the supplier.

2.          In Party A/c name, select the supplier's ledger or the cash ledger.

3.          Select the Purchase Ledger applicable for local taxable purchases.

4.         Select the required Items, and specify the Quantities and Rates.

5.          Select the central and state tax ledgers. As above.

You can view the tax details by clicking A: Tax Analysis. Click F1: Detailed to view the tax break-up.

 
 

As per our Practical Example No. 2

Purchase from Microtek India Ltd. , 10 Monitors @  Rs. 4000 each, with Input GST @ 28% i.e. Rs.11,200 – [ CGST (14%) Rs.5600 and SGST (14%) Rs. 5600. ]

 
 

Method-2 : To Record a Local Purchase Transaction

[  Without Using Common Ledger Account for all items due to Different Tax Rate ]

During Purchase  Voucher (F9) Entry Press F12 and Set No as below :

 
 

Examples :

Cash Purchase of  5 CDs of Antivirus Software @ Rs. 800 each , with Input GST rate @ 18%. & 2 Mi-Note 4 Mobiles @ Rs. 10,000 each with Input GST 12%


The Purchase Invoice will be entered as below with GST Analysis..

 
 
Company Information @ Tally.ERP9
 
 
 
Group & Ledger
Introduction
1. THE GROUP
2. THE LEDGER
3. VOUCHERS TYPES
Advanced Inventory / Stock
Meaning
Order Processing
Re-Order Levels
Tracking Numbers
Batch-wise Details
Additional Cost Details
Bill of Materials (BOM)
Price Lists and Price Levels
Stock Valuation
Zero Valued Entries
Inventory Ageing Report
Actual and Billed Quantities
 
Advanced Usage of Vouchers
Maintain Bill-wise Details
Cost Center and Cost Category
Interest Calculation
Reversing Journals
Post-Dated Voucher
Memo (Memorandum) Voucher
Optional Voucher
Using Tracking Number
Knowledge Base @ Tally.ERP9
Stock Items
Stock Groups
Inventory Masters
Inventory Vouchers
Inventory Report Statements
Balance Sheet
Accounting Reports
Accounting Vouchers
Interest Calculation
VAT-Value Added Tax
Service Tax
TDS (Tax Deducted at Source)
 
 
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The names of Companies and persons used in this Website have been used for illustrative purposes only.
The visitors may visit www.tallysolutions.com , the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications

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