Tuesday, February 9, 2021

how to set inclusive of gst in tally invoice

This tip is very useful and speeds up your work when raise gst invoice. Just enter stock item total unit price (Inclusive of GST), then tally automatically calculate the Taxable Value.

For Eg: HP LAPTOP Total Sale Value Rs.30,000/Unit. Just Enter Rs.30,000 (Incl. of Tax) column. Tally automatically calculate Taxable Value i.e: Rs.25,423.73

> Open sale invoice
> From the Bottom Right side panel, click on Configure button 
> Allow entry of rate inclusive of tax for stock items: Change to YES

how to set inclusive of gst in tally invoice configure


Press CTRL+A to save change.

Now you can view addtional column in sale voucer [Rate (Incl. of Tax)]

In the [Rate (Incl. of Tax)] coloumn enter total unit Value (Inclusive of GST) Eg: Rs.30,000

how to set inclusive of gst in tally invoice


Now tally calculate Taxable value unit price i.e: Rs.25,423.73




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