Voucher Classes is the best way of Automating Allocations during Invoice Entry. It is a table for predefining the entries that we wish to Automate to make Invoice Creation a breezy task. This particularly useful for Sales Invoicing where we can define once, the nominal ledger account to be credited to each item of sale. Then during voucher entry, the accounting credits for items sold are done automatically.
Classes can also be used to automate the rounding off values. Rounding method can be preset when defining a class for a single line or for the entire Voucher or Invoice.
Voucher Classes are available for all major voucher types like Contra, Payment, Receipt, Journal, Sales, Credit Note, Purchases, Debit Note, Sales Order, Purchase Order, Delivery Note, and Stock Journal.
Here we have to create a Voucher Class with a name ‘GST’ in case of Sale Voucher where we will fix the Sale Account (Sale-GST/IGST), GST Ledger i.e. CGST & SGST, Automated Rounding Off with assigning a Ledger i.e. Rounded off Exp. Ledger.
Swayam Sales sold the following items to Chitra & Co. on Credit
Desktop HCL Infinity
Desktop Lenovo K200
Note : Alter Voucher Type – ‘Sale’ with Voucher Class – GST. Record the Sales transactions using the corresponding Voucher Classes i.e. GST.
Step 1 :
Alter the Sales Voucher Type
1. Go to Gateway of Tally.ERP9 à Accounts Info à Voucher Type à Alter Sales
2. Select Sale Voucher
3. Retain the rest of the fields as they are.
4. In the Voucher Type alternation screen, write ‘GST’ in the Name of Class field.
Ensure that voucher type class is defined as shown in figure.
Step 2 :
Make an entry of the transaction in a Sales Voucher – Voucher Class GST
Go to Gateway of Tally.ERP 9 à Accounting Vouchers à F8 : Sales àSelect ‘GST’ under Voucher Class List
Ensure that the Sales Invoice entries are as given in the Figure and accept the Sales Invoice Entries.:
Similarly, you can create a another Voucher Class – IGST ( for Outside State Sale) in Sale Voucher as shown in figure :
Alter/Modify Pre-defined ‘Sale’ Voucher Types in Tally.ERP 9
Voucher Classes for Contra Voucher in Tally.ERP9
Voucher Classes for Sale Voucher in Tally.ERP9
Contra Voucher (F4) in Tally.ERP9
Journal Voucher (F7) in TallyERP9
Memo (Memorandum) Voucher (Ctrl+F10) in TallyERP9
Optional Voucher in TallyERP9
Payment Voucher (F5) in TallyERP9
Physical Stock Voucher (Alt + F10) in TallyERP9
Post-Dated Voucher in TallyERP9
Purchase Return / Debit Note Voucher (Ctrl+F9) in Tally.ERP9
Purchase Voucher (F9) in Tally.ERP9
Receipt Voucher (F6) in TallyERP9
Rejection In Voucher (Ctrl+F6) in TallyERP9
Rejection Out Voucher (Alt+F6) in TallyERP9
Sales Return / Credit Note (Ctrl+F8) in Tally.Erp9
Stock Journal Voucher (Alt+F7) in TallyERP9
You may also like....
Bill of Materials (BoM) in TallyERP9
e-Way Bill using Tally.ERP9
Price Levels and Price List in TallyERP9
Purchase of Capital Goods with GST in Purchase Voucher (F9) in Tally.ERP9
Purchase of ‘Nil-Rated’ , ‘Exempted’, Items & Goods using Tally.ERP9
Purchase Order Processing in TallyERP9
Record Expenses with GST in Purchase Voucher (F9) in Tally.ERP9
Sale of Goods and Services in a Single Invoice with multiple GST Rate in Tally.ERP9
Sale of Items and Goods with Inclusive of Tax Rate in Tally.ERP9
Sale of Items and Goods with Separate Actual and Billed Quantity Columns in Tally.ERP9
Sale of Items and Goods with Zero Valued Entries (Free Products) in Tally.ERP9
Sale of Nil-Rated, Exempted Supplies of Items and Goods using Tally.ERP9
Sales Order Processing in TallyERP9
TDS (Tax Deducted At Source) using TallyERP9
© 2021 : www.tallyerp9book.com