how to enter vat 13.5 % in tally 7.2
How do you calculate VAT in Tally 9.0 & how to put bank transcation in tally
please help me to create 5% input vat and purchase @5% in tally 9.0
8.5 percent of the pre-VAT price.
Tally 7.2 is basically introduce with VAT , service tax , and TDS where in tally you can enhoy the benefits of FBT and excise besides it this software is multilingual software. by Vinod Dobhal.
Tally 7.2 is basically introduce with VAT , service tax , and TDS where in tally you can enhoy the benefits of FBT and excise besides it this software is multilingual software. by Vinod Dobhal.
Tally is a financial accounting with inventory and account only. The journal entry allows for notations, explanations and adjustments. This can be done through a narrative attached to the worksheet.
Tally 7.2 is an extension of Tally 6.3 . You can say the higher version of Tally. Apart from Technology up gradation Tally 7.2 had some new features and enhancements which were not present in Tally 6.3.The major technological change in Tally 7.2 was that Tally 6.3 used Hardlock for licensing but Tally 7.2 only supported softlock.The main feature was full VAT returns with forms in Tally 7.2. Although Tally 6.3 release 2 was VAT compliant but full VAT reports and VAT returns were available in Tally 7.2. State specific VAT returns were available in Tally 7.2 only.Another small feature introduced was Tally POS. This feature is now enhanced in Tally 9 the latest release of Tally.Now a days Tally 9 is the latest version which has payroll included with lots of other features.You can visit Tally's site at www.tallysolutions.com for latest upgrades and newsor Tally's blog at www.apnitally.com where you can find 100's of tutorials, Tally tips etc.
12 percent VAT of 2350 pesos is 282 pesos.
19 percent VAT on 110 euros is 20.9 euros.
If you want to find out what the VAT portion is of a sum, you multiply it by .85106. So if you have £117.50 (ie £100 + VAT) you multiply £117.50 x .85106 and that will bring you back to £100....
If the 545 is inclusive of VAT then the VAT element is 71.08, however if the 545 is exclusive of VAT then the VAT would be 81.75
The difference is 8.5 percent of the purchase price, or 3.125 times as much at 12.5% as at 4%.