Now i Put The purchase receipt for 10 items all the item has indivual VAT%.I want To Put Ths 10 item In One purchase receipt With All The item and VAT Also.How ll i add the vat for particular Item…??
For that you have to apply tax on individual item in “Item Master”
- go to Item master
-open your item
- there is one grid as “Item Tax” .select your tax and enter rate.save Item form
-then check Tax affected on Purchase receipt .
For more details refer following link
New Indictrans Technologies Pvt. Ltd.
From this Receipt I have a Difff Tax amount… 1 Tax Amount Is Vat 1 And Another is Vat 2 From this how ll i put this in purchase receipt.
lets take example.
suppose i have created item1 and Item2 .
In “Item1” item master defined as,
TAX as - Administrative Expense -I with Tax Rate=5
another tax as "CENVAT-I with Tax rate=3
In “Item2” item master defined as,
TAX as - Administrative Expense -I with Tax Rate=4
*create Purchase Tax master (setup->Buying->Purchase Taxes and c
- Title as - VAT
1st Row->Type = On Net Total , Consider tax or charge for=Total, Account Head=Administrative Expenses - I ,Rate=0
2nd Row → Type = On Net Total , Consider tax or charge for=Total, Account Head=CENVAT-I ,Rate=0
save Purchase Tax master form
(Here Those TAX defined in Item master ,that same name defined in purchase Tax master as “Account Head”)
- now create purchase receipt
-select your item1 and item2 ,enter rate and qty.
-select taxes and charges as “VAT”
- check Amount get calculated
- click on “Show / Hide tax break-up” link
- you can see “Item wise tax”