How to Pass Sale Voucher Entry to Collect TCS in Tally Prime?
Step: GOT > Voucher > F8 > Ctrl+H > Item Invoice
· In Sale Voucher screen, fill all details like,
· Party A/c Name– Select Party Ledger to Sale like I select “Anish Gupta”
· Sales Ledger – Select Sales Ledger for TCS goods like, I Select “Scrap Sale”
· Name of item – Select your TCS Goods for Sale like, I select “Scrap”.
· Quantity – Type Quantity Amount of TCS Goods, Like I type “100 MT”
· Rate – Type Rate of One Quantity of YCS Goods, like I type “1000”
· After filling above details Press 2 times enter from Name of Item column & select TCS tax ledger form list for Your TCS Goods.
Ø Like I Select “TCS on Scrap” ledger in ledger Column
Ø TCS tax Automatically Calculated after Select TCS tax Ledger.
Ø After filling all Above details screen of Sale ledger will shown like this following screenshot::
Ø If you want see TCS tax calculation details Then Press “Ctrl+I” and Click on “TCS – Tax
Analysis” & then Press “Alt+F1” for detailed
Ø
After follow above step TCS tax Calculation screen shown like that following screenshot:
Ø Press “Esc” Button to Back Sales voucher screen
Ø Press Ctrl+A to save Sale Voucher screen
Ø Practice Exercise for Pass Sales Voucher Entry Collect TCS from buyer, for You
1. For Timber wood
· Party A/c Name– Manish Kumar
· Sales Ledger – Timber Sale
· Name of item – Timber
· Quantity – 50 MT
· Rate – 5000
· TCS Tax Ledger – TCS on Timber
2. For Tendu Leaves
· Party A/c Name– Rajneesh Pandey
· Sales Ledger – Tendu Leaves Sale
· Name of item – Tendu Leaves
· Quantity – 80 Kgs
· Rate – 2000
· TCS Tax Ledger – TCS on Tendu Leaves
Process 8: Show TCS Reports
