how to pass journal entry for vat paid in tally?

Answers were Sorted based on User's Feedback



how to pass journal entry for vat paid in tally?..

Answer / anandrao95

Debit VAT payable a/c and credit bank a/c

Is This Answer Correct ?    52 Yes 10 No

how to pass journal entry for vat paid in tally?..

Answer / abdul kaleem

first of all you have to open the tally and select voucher
entry then press F7 key and enter the journal entry as

vat payble a/c dr
to bank a/c

Is This Answer Correct ?    21 Yes 0 No

how to pass journal entry for vat paid in tally?..

Answer / ranjeet kumar

vat payable a/c Dr.
To Bank a/c

Is This Answer Correct ?    14 Yes 3 No

how to pass journal entry for vat paid in tally?..

Answer / eliyash

vat payable A/c ..............Dr
cash/bank .................Cr

Is This Answer Correct ?    10 Yes 2 No

how to pass journal entry for vat paid in tally?..

Answer / shashikala jm

Firstly you need to create the % of vat a/c may be 14.5/5% etc.,under duties & taxes head & then need to select the accounting voucher entry in tally prees 7 for journal entries & give a debit to the corresponding percentage of vat & give a credit to any bank or cash account which wiil be already created under cash/banks a/c's head.

Is This Answer Correct ?    3 Yes 0 No

how to pass journal entry for vat paid in tally?..

Answer / mu

When stat payment is used amount paid appears in statutory report under VAT paid. But if journal entry is passed then this does not happen. Any solution for this?

Is This Answer Correct ?    0 Yes 0 No

how to pass journal entry for vat paid in tally?..

Answer / suresh kumar

vat paid A/c Dr.
Bank A/c Cr.

Is This Answer Correct ?    10 Yes 12 No

Post New Answer

More Accounting AllOther Interview Questions

what is reconciliation

9 Answers  


about favorite colour asked in interviews

2 Answers   Bank Of America,


What is private placement in Equity market ?

4 Answers   Bank Of America,


What is DECR And for wt it is used?

0 Answers   Red Cross,


Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09

0 Answers   Vodafone,






What is Capital expndiure.

3 Answers  


"What is the golden rules of accounting"

4 Answers   Genpact, Rose Valley,


Choose the right answer Which of the following is Liability account 1.Bills payable 2.TDS collected 3.Unearned income

3 Answers  


How to increase our credit rating score quickly?

0 Answers  


tell about friendship

21 Answers   CTC, Genpact,


When we issue credit note for free goods charged in invoice, whether we claim sales tax from the dept.

1 Answers  


What is the due date for filing monthly & annual sales tax returns in karanataka

0 Answers  


Categories