"Creating & Printing SALES INVOICE " for Dealer Excise Duty'
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Tally.ERP 9
1. Creating Sales Invoice

Record the following sales transaction made by Monnet Ispat & Energy Ltd. on the April

15, 2009, to Jaykanth Engineering, Bangalore.

Item Description

Quantity

Rate

VAT

Hot Rolled Coils

200 MT

600

4%

Setup:

‡      Create a ledger – Output VAT @ 4%.

Step 1: Create Excise - Sales

Go to Gateway of Tally > Accounting Vouchers > F8: Sales > select Excise - Sales from the

List of Types.

1. Press F2 and change the date to 15-4-09

2. In Ref field, enter the reference number of the transaction

3. The Excise Unit field displays Monnet Ispat & Energy Ltd. as selected during voucher type creation.

4. Select Jaykanth Engineering in Partys A/c Name and press Enter.

5. Specify the details of the despatch, if any in the Despatch Details screen displayed.

     6. The Date and Time of the consignment is displayed in the Excise Details column along with the buyer Excise details
The completed Despatch Details Screen appears as shown below:

Press Enter to accept the screen.

7. Select Hot Rolled Coils in the Name of the Item field and press Enter.

8. The Supplier Details screen is displayed.

‡                  Select the relevant Invoice Number BS/101 from the List of Purchases
‡                  Specify the Quantity as 200.

‡     Select End of List and press Enter to accept the screen.

9. Specify the Rate as 600 and Press Enter.

10.Press Enter twice.

11.In the Accounting Details screen:

‡     Select Sales – Excisable Goods in the Particulars column.

‡                  The VAT/ Tax class defaults to Sales @ 4%.

‡     Press Enter to accept the amount.

‡      Press Enter again to return to the main Sales invoice creation screen.

12. Select Output VAT @ 4% ledger and press Enter.

13. The VAT amount is pre-filled automatically.

14.To view the Statutory Details set the option Show Statutory Details to Yes.

15. In the Bill-wise Details screen, press Enter to accept the default bill allocations.

16. Press Enter to accept the screen.

     17. Type the details of the transaction in the Narration field. The completed Sales Invoice is displayed as shown below:
18. Press Enter to accept the Voucher and print the Sales Invoice.
 
2. Printing Sales Invoice

Step 1: 

1. Press PgUp key to view the above sales invoice and press Alt+P (To print).

2. Press F12: Configure (Invoice Printing Configuration) and Set the following to Yes.

‡      Print Date and Time

‡      Print Trader Supplier Info

‡      Print Purchase Excise Duty details

‡      Print Purchase Assessable Value

The completed Printing Configuration screen is displayed as shown below:

3. Press Ctrl+A to accept the Screen.

4. Press Enter from the Voucher Printing screen to print Sales Invoice under Rule 11 of the

Central Excise Rules, 2002

5. Press Alt+Z or click on Zoom button to view an enlarged version of the report.

 

The print preview of First Stage Dealer's Sales Invoice of Excisable Goods to a second stage dealer is displayed as shown below :

This Invoice displays the Excise details of the buyer, seller and manufacturer in accordance with the  Excise rules. It reveals the Item history, including the details of the purchases with their

respective tariff and duties. This serves as an evidence for the passing of CENVAT Credit to the subsequent dealer/ manufacturer.

It also specifies the manufacturer’s name, address and Excise details besides recording the date and time of the removal of goods from the dealer’s premises. The Invoice is marked as the First Stage Dealer,  depicting the position of the selling dealer and has to be authenticated by the authorised signatory in the relevant space provided in the document

 
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