by Rizvi Sm | May 27, 2021 | Tally Knowledge Base
How to enable Zero Valued Transactions in Tally.ERP9 and TallyPrime Zero Valued entries are those entries where a voucher entry is made without any values, i.e., one of the parameters (Qty or Rate) may not have a value but needs to updated in the records. Example 1 :...
by Rizvi Sm | May 24, 2021 | Tally Knowledge Base
When advance is received and an invoice is not recorded against the advance in the same period, the taxable person has to pay tax on the amount of advance received. In a taxable period, keeping track of the advance received and creating tax liability for such an...
by Rizvi Sm | May 24, 2021 | Tally Knowledge Base
Reverse Charge Summary for VAT in GCC This report displays transactions of purchases and journal vouchers recorded under reverse charge. At the bottom of the report, the Summary of Tax Liability is displayed with following columns: Taxable Amount Total Liability...
