Tally Sales Invoice

Recording the sales invoice under GST accounting software is important for claiming the Input Tax Credit (ITC).

Sales invoice acts as a record of sale proof of ownership transfer of the item sold to the customers. Details in the sales invoice can be customized based on the need of the customer or the seller. Bill is a legal requirement for the sale made because tax like VAT, GST, etc. is imposed on the item sold.

Before creating the sales invoice details for the local sales, interstate sales, CGST, SGST, IGST, item name, and party account ledgers has to be created.

• Bills of sales are generated when the buyer makes the payment with cash, cheque, or card, a credit sale is made with the party name if it is credit sales.  Composite dealer, consumer, the registered or unregistered dealer has to be mentioned in the party name.
• Invoice can be printed will all the details in a case like where the item has to be delivered a separate invoice has to be made with the delivery address.
• In sales invoices, additional details or expenses like transportation charges, insurance, discount based on items, taxes, free and sample items sent during the delivery time for the customer can be tracked.
• Tally ERP 9 enables to generate the report based on the bills recorded like sales register, daybook, and so on, whereas you can filter based on the particular period and date. Based on your need to analyze business report can be customized.

• Step 1: Tally > Accounting vouchers > F8 sales. Write the serial number for invoice no.
• Step 2: Party Type select the type of the customer.
• Step 3: Relevant sales ledger is selected.
• Step 4: Enter the inventory details with the quantity and rate.
• Step 5: Select local sales or interstate sales.
• Step 6: Click yes to enter the accepted GST invoice prepared.