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    Tally SOP-3 Solution (Final Without Errors)

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    The document provides steps to create a Tally SOP-3 solution for accounting of GST transactions. It involves creating a company in Tally, enabling GST features, creating ledgers for taxes and parties, units of measure, stock groups and items. It also provides steps to create a purchase voucher with IGST and a sales voucher with CGST and SGST, and print the reports.

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    Tally SOP-3 Solution (Final Without Errors)

    Uploaded by

    Diya -plays here
    40 views3 pages
    The document provides steps to create a Tally SOP-3 solution for accounting of GST transactions. It involves creating a company in Tally, enabling GST features, creating ledgers for taxes and parties, units of measure, stock groups and items. It also provides steps to create a purchase voucher with IGST and a sales voucher with CGST and SGST, and print the reports.

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    Tally SOP-3 Solution (Final without Errors)

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    The document provides steps to create a Tally SOP-3 solution for accounting of GST transactions. It involves creating a company in Tally, enabling GST features, creating ledgers for taxes and parties, units of measure, stock groups and items. It also provides steps to create a purchase voucher with IGST and a sales voucher with CGST and SGST, and print the reports.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    40 views3 pages

    Tally SOP-3 Solution (Final Without Errors)

    Uploaded by

    Diya -plays here
    The document provides steps to create a Tally SOP-3 solution for accounting of GST transactions. It involves creating a company in Tally, enabling GST features, creating ledgers for taxes and parties, units of measure, stock groups and items. It also provides steps to create a purchase voucher with IGST and a sales voucher with CGST and SGST, and print the reports.

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    © All Rights Reserved
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    of 3

    Tally SOP-3 Solution:

    Note: The above transactions mentioned in the question indicate that:


    The Purchase is performed between Maharashtra and Gujarat. Hence, 12% IGST is
    applicable.
    The Sales is performed in Maharashtra State. Hence, 12% GST is applicable as 6% as SGST
    and 6% as CGST.

    Step-1: Creation of Company

    Gateway of Tally→Company Info (Alt+F3)→Create Company


    (Enter the details as per mentioned in the Question)

    Step-2: Enabling GST Features

    Gateway of Tally→Features(F11)→Statutory & Taxation


    Enable Goods and Service Tax (GST)→YES
    Set/Alter GST details→YES
    State→Maharashtra
    GSTIN/UIN→27KLMNA4321V1Z2
    Step-3: Creation of Ledgers

    Gateway of Tally→Masters→Accounts Info→Ledgers→Single Ledger→Create

    Create the following Ledgers under the following Groups:

    Sr. No Ledger Group Additional Settings


    Duties and Type of Duty→GST
    1 IGST Taxes Tax Type→Integrated Tax
    Percentage of Calculation→0%
    Duties and Type of Duty→GST
    2 SGST Taxes Tax Type→State Tax
    Percentage of Calculation→0%
    Duties and Type of Duty→GST
    3 CGST Taxes Tax Type→Central Tax
    Percentage of Calculation→0%
    4 M/s Jalaram Sundry Address, Pin Code as mentioned in the
    Textiles Creditors Question.
    M/s Dress Align Sundry Address, Pin Code as mentioned in the
    5 Garments Debtors Question.
    Statutory Information:
    Is GST Applicable→ Applicable
    Set/Alter GST Details→Yes
    6 Purchase T-Shirt Purchase A/c Nature of Transaction→Interstate Purchase
    A/c Taxable
    Integrated Tax→12%
    Type of Supply→Goods
    Statutory Information:
    Is GST Applicable→ Applicable
    7 Sales T-Shirt Sales A/c Set/Alter GST Details→Yes
    A/c Nature of Transaction→Sales Taxable
    Integrated Tax→12%
    Type of Supply→Goods

    Step-4: Creation of Units of Measure

    Gateway of Tally→Inventory Info→ Units of Measure→Create


    Symbol→Pcs
    Formal Name→Pieces
    UQC→PCS-PIECES

    Step-5: Creation of Stock Groups

    Gateway of Tally→Inventory Info→Stock Groups→Create


    Name→Garments
    Step-6: Creation of Stock Items

    Gateway of Tally→Inventory Info→Stock Items→Create


    Name→T-Shirt
    Under→ Garments
    Units→Pcs

    Step-7: Creation of Purchase Voucher

    Gateway of Tally→Accounting Vouchers→Purchase (F9)


    Date (F2)→1-7-2017
    Party A/c Name→ M/s Jalaram Textiles
    Purchase Ledger→ Purchase T-Shirt A/c
    Name of Item→T-Shirt
    Quantity→150 Pcs (Pcs will come Automatically)
    Rate→450/-
    (Press Enter Twice)
    Add/Select IGST (Amount will come automatically 8100/-)
    Final Amount will be: 75,600/-

    Step-7: Creation of Sales Voucher

    Gateway of Tally→Accounting Vouchers→Sales (F8)


    Date (F2)→2-7-2017
    Party A/c Name→ M/s Dress Align Garments
    Sales Ledger→ Sales T-Shirt A/c
    Name of Item→T-Shirt
    Quantity→100 Pcs (Pcs will come Automatically)
    Rate→600/-
    (Press Enter Twice)
    Add/Select SGST and CGST (Both will come automatically 3600+3600=7200/-)
    Final Amount will be: 67,200/-

    Step-8: Display & Print of Report

    Purchase Voucher and Sales Voucher


    Gateway of Tally→Display→Day Book→Sales/Purchase Voucher→Print
    (Note: Change Period (F2) to 1-7-2017 to 2-7-2017)

    GST Computation Report:


    Gateway of Tally→Display→Statutory Reports→GST→GST Annual Computation

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