How to Enable VAT option in Tally?
Tally Provides great Value Added Tax (VAT) feature. By default this future is disabled. You must set Enable to use VAT feature. I here by explain how to Enable VAT Feature. Follow this steps.
> From the Gate of Tally screen, Select F11:Features from Right side panel
> From the Company Features screen, Select Statutory & Taxation
> Set Enable Value Added Tax (VAT) as Yes &
> Set Set/Alter VAT Details as Yes. then press Enter.
> State: Select your Salestax Registered State.
> Type of Dealer: If you are Regular VAT Dealer, select Regular, or chose as per your VAT registration.
> Regular VAT Applicable From: Enter the date from which the VAT provisions are applicable for the dealer.and enter remaining all required fields.
Press Enter/Ctrl+A to save the details and return to the Company Operations Alterations screen.
In this screen, also enter TIN, CST, PAN Number Etc.,
Enter/Ctrl+A to save the details
VAT Transactions in Tally (Tutorials-1)
VAT Transactions in Tally (Tutorials-2)