Friday, August 3, 2012

Q-Base : Enabling Value Added Tax (VAT)'@ Tally.ERP 9

To enable VAT, press F11: Features (Statutory & Taxation Features) and

       Set Yes to Enable Value Added Tax (VAT)
       The VAT classifications are different for each State in India. In order to activate and view the various VAT classifications, set the option Set / Alter VAT details to Yes.
                    On activating Set / Alter VAT details the screen appears as shown below:

# In this screen you have to select the State, the type of dealer and specify the date of appli- cability to view theVAT classifications of the required specifications.
                    In F11: Features (Accounting Features), set Maintain Bill-wise details to Yes.