Managing VAT with Tally 9

There are many issues involving complex computation and adjustments in respect of valuation of stock, Tax element included in stock-in-hand, purchase & consumption of goods from unregistered dealers, inter state sales, purchases & Transfers, import & export, Input Tax Credit adjustments & Carry forward. People have to consult books on Law as well as Books on Accounting to maintain proper accounts & submit Returns. Often, they use customized or special external applications for Invoicing & Accounting and re-enter the data in their centralised accounting system. This details extra effort, time & cost incurred on duplicate data entry and rectification of errors resulting there from. TALLY, the most popular accounting software, contains in-built modules to compute & maintain VAT & CST accounts, invoices & statutory Returns. This book is aimed to give complete solution to Accountants providing important legal provisions on VAT & CST as well as implementation & maintenance of an Integrated invoicing & Accounting system using Tally 9. This will help you to maintain all information centralized without using any other software application. Part A of the book contains the salient features, important Law & Rules of VAT & CST, in simple language. It explains the main provisions of law regarding charge, realisation, payment of tax submission of returns and maintenance of relevant records, servicing as a guide book on Law and Rules on the relevant subjects. Part B of the book contains detailed steps of maintaining accounts relating to VAT & CST, Forms Receipts, Issues & Tracking of pending Forms.

1. Part A : Basics .......VAT Rules
2. Ch A-1 : Introduction to VAT
3. Ch A-2: Value Addition
4. Ch A-3: Input Tax Credit method
5. Ch A-4: VAT Basics
6. Ch A-5: Zero Rate Tax
7. Ch A-6: Capital Goods
8. Ch A-7 VAT Administration
9. Ch A-8: Accounts & Audit
10. Ch A-9: VAT Composition CST Rules
11. Ch A-10 :Central Sales Tax
12. Ch A-11: Inter State Sales
13. Ch A-12: Tax Liability on Inter State Sales
14. Ch A-13: Registration of Dealers
15. Ch A-14: Tax Levy & Collection
16. Part B: VAT & CST with Tally 9
17 Ch B-1 VAT Set Up in Company
18. Ch B-2 Sales & purchase Voucher Entry
19. Ch B-3 Debit & Credit Notes
20. Ch B-4 VAT Computation Statement
21. Ch B-5 VAT Deposit
22. Ch B-6 VAT Return
23. Ch B-7 Tax Invoicing
24. Ch B-8 Purchase Invoice Entry
25. Ch B-9 Debit & Credit Note with Inventory
26. Ch B-10: Invoice Printing
27. Ch B-11 Voucher Class
28. Ch B-12 VAT Inclusive Invoicing
29. Ch B-13 VAT on MRP
30. Ch B-14 Inter-State Purchase & Sales
31. Ch B-15 Inter-State Transfers
32. Ch B-16 CST Form Management
33. Ch B-17 Export Sales
34. Ch B-18 VAT Exempted Purchase & Sales
35. Ch B-19 Capital Goods
36. Ch B-20 Input Tax Credit on Opening Stock
37. Ch B-21 Tax Credit Reversal
38. Ch B-22 VAT Composition Tax
39. Ch B-23 VAT Composition Voucher Entry
40. Ch B-24 VAT Composition Reports
41. Appendix A: VAT Classification

A K Nadhani