Some Purchase Voucher includes some Additional Charges like…Delivery Charges, Insurance Charges, Installation Charges, Rounded Off, Discount on Purchase etc.. etc..
>> Creation of Additional Charges Ledger included before GST in Purchase Bill
The main situation is that whether all those additional charges are charged before GST or after GST. If those Expenses charged before GST, then all those Expenses should be created under Purchase Group without affecting Inventory value, GST Not Applicable, but it must be include in assessable value calculation for GST with Appropriation to Goods & Method of valuation should be Based on Value.. as given below screen :
[6-1-Purchase Voucher with some Additional Charges or Discount etc in TallyPrime-3]
>> Creation of Additional Charges Ledger included after GST in Purchase Bill
Ledger creation will be as below ( with Not applicable in all cases and should be under Direct Expenses Account Group)
[6-2-Purchase Voucher with some Additional Charges or Discount etc in TallyPrime-3]
Create the Ledger : ‘Insurance on Purchase’ & ‘Discount on Purchase’ as per Above.
| Note : Creation of Ledger ‘Rounded Off (+/-)’ under Indirect Expenses for rounding the Invoice Value automatically. :
You can create a Ledger ‘Rounded off (+/-)’ to round-off the invoice value automatically. 1. Gateway of Tally > Create > type or select Ledger and press Enter. Alternatively, press Alt+G (Go To) > Create Master > type or select Ledger and press Enter.
[6-3-Purchase Voucher with some Additional Charges or Discount etc in TallyPrime-3] 2. Set Type of Ledger? as Invoice Rounding . 3. Select the Rounding method as Normal Rounding and enter the Rounding limit to 1 . 4. Under Statutory Information, all options should be set to Not Applicable . |
>> Purchase Bill Voucher with Additional Charges / Discount both before and after GST
Here we have one sample of Purchase Bill with Additional Charges or Discount on Purchase both Before and After GST :
Transactions:
Purchase the following Items from Acer India Ltd. with Delivery Charges of Rs.500 charged before GST and Insurance Charges on Purchase of Rs.150 charged and with a Discount on Purchase @2% received after charging GST .
Laptop ACER 4720Z 2 Nos. 32500
Laptop Compaq A901TU 1 Nos. 38500
Laptop HCL MiLeap 1 Nos. 35000
[6-4-Purchase Voucher with some Additional Charges or Discount etc in TallyPrime-3]
Note :
>> In above case, value of Delivery Charges on Purchase of Rs.500 charged before GST and thus this value has included with Item Rate proportionally on the basis of item value.
>> But the expenses Insurance Charges on Purchase as well as Discount on Purchase are included in Bill after GST and thus these expenses or Incomes are charged independently in their ledger without affecting item rate or value.
>> Discount on Purchase Value or % should be given with (-) symbol, to deduct from the Bill value.
>> These can be viewed in Tax Analysis in Purchase voucher with Detailed (Alt+F1) as below:
GST Details :
Press Alt + A for GST – Tax Analysis Details…you will see the GST Analysis as below by default.
Press Alt+F1 for Details
[6-5-Purchase Voucher with some Additional Charges or Discount etc in TallyPrime-3]
[Practical Assignment]
(Purchase of Items & Goods with Additional Charges/ Discount etc. both Local and Outside State)
Swayam Sales Purchase the following items and goods from different Suppliers both within State as well as Outside State with all GST Compliance.
Please record all the following Purchase Transactions with GST ( with CGST / SGST & IGST )
PURCHASE TRANSACTION [F9]
Sl. No. Date Transactions
- 20/4/2023 Purchase the following Items from Acer India Ltd. with Delivery Charges on Purchase of Rs.500 before charging GST and Insurance Charges on Purchase of Rs.200 and Discount on Purchase @ (-)2% after Charing GST
Laptop ACER 4720Z 2 Nos. 32500
Laptop Compaq A901TU 1 Nos. 38500
Laptop HCL Mileap 1 Nos. 35000
[Bill Value – Rs 1,75,350]
- 22/4/2023 Purchase the following Items in Cash from Registered Shop ( select GST Registration type as Regular with GST No. in Cash ledger supplementary details )
UPS Apc 1 Nos. 1600 2% Disc.
UPS Luminious 2 Nos. 1400 4% Disc.
UPS Microtech 2 Nos. 1800 3% Disc.
[Bill Value – Rs. 8568]
- 3/5/2023 Purchase the following from i Ball Industries with 2% Discount on Purchase after GST.
Laptop ACER 4720Z 1 Nos. 32500
Laptop HP-530 KD100AA 1 Nos. 48000
Laptop IBM Thinkpad R50e 1 Nos. 27000
[Bill Value – Rs. 1,35,450]
- 12/5/2023 Purchase the following Items from HCL Limited with Delivery Charges on Purchase before GST of Rs. 500.
Laptop HCL Mileap 2 Nos. 35000
Laptop Compaq A901TU 2 Nos. 35000
Laptop IBM Thinkpad R50e 2 Nos. 27000
[Bill Value – Rs.2,48,960 with Rounded off : (-) Rs.0.02]
- 13/5/2023 Purchase the following Items from Samsung Pvt. Ltd.
TV Tuner 5Nos. 1250
Monitor Samsung 17” 3Nos. 9750
[Bill Value – Rs.39,323 with Rounded off : (+) Rs.0.50]
- 12/6/2023 Purchase the following from Sarala & Co. (IGST)
Laptop ACER 4720Z 3 Nos. 32000
Laptop Compaq A901TU 3 Nos. 35500
Laptop HP-530 KD100AA 2 Nos. 48000
[Bill Value – Rs. 3,82,080]
- 18/6/2023 Purchase the following Items from Intel Solutions with Insurance Charges on
Purchase of Rs.200 and Discount on Purchase for Rs. 500 after GST.
Motherboard-Intel 5 Nos. 5000
Processor Intel 4 Nos. 4500
Motherboard Asus 5 Nos. 5500
Processor AMD Athlon™X2 Dual-Core 5 Nos. 6500
Processor Intel Celeron Dual Core E1200 5 Nos. 2000
[Bill Value – Rs. 1,33,040]
- 25/6/2023 Purchase the following Items from Sony India Limited (IGST)
UPS Apc 4 Nos. 1500 2%Disc.
UPS Luminious 5 Nos. 1250 5%Disc.
UPS Microtech 6 Nos. 1600 3%Disc.
[Bill Value – Rs.23,665 with Rounded off : (-) Rs.0.04]
- 25/7/2023 Purchase the following Items from Shwetha & Sons. (IGST) with Discount on Purchase of Rs. 1000 after GST
Printer Epson Lq 1024 2 Nos. 17500
Printer HP Laser Jet 3 Nos. 16000
Printer SAMSUNG Laser Jet 2 Nos. 15500
[Bill Value – Rs. 1,26,680]
- 28/7/2023 Purchase the following Items from Radian Techno Ltd.
Motherboard- Intel 5 Nos. 5000
Processor Intel 5 Nos. 4500
Processor Intel Celeron Dual Core E1200 5 Nos. 2500
[Bill Value – Rs. 70,800]
- 29/7/2023 Purchase the following from Ezone Computers.
Cabinet 5 Nos. 4600
DVD Drive Samsung 4 Nos. 1100
Keyboard-Logitech 4 Nos. 1500
Keyboard-iball 5 Nos. 750
Mouse-Iball 5 Nos. 450
Mouse-Logitech 5 Nos. 500
[Bill Value – Rs. 45,913]
- 29/7/2023 Purchase the following from Thakral Infotech Ltd. (IGST)
Ram 1 GB 4 Nos. 2100
Ram 2 GB 4 Nos. 2000
Ram 4 GB 5 Nos. 2600
Ram 512 MB 5 Nos. 1500
Ram 8 GB 3 Nos. 3200
[Bill Value – Rs. 52,080]
- 30/7/2023 Purchase the following Items from Tally DCP (IGST)
Webcam ADCOM 5 Nos. 450
Webcam Logitech 4 Nos. 1450
Carry Case (Laptop) 4 Nos. 1000
Microsoft Office 2003 5 Nos. 1000
Speakers 5 Nos. 800
TV Tuner 5 Nos. 1000
[Bill Value – Rs. 27,353 with Rounded off (+) Rs.0.50]
- 3/8/2023 Purchase the following Items from Tally MTP (IGST) with Delivery Charges on Purchase of Rs.400 before GST and Discount on Purchase @3% after GST.
HDD LaCie 250GB 5 Nos. 5500
Carry Case (Laptop) 10 Nos. 850
Laptop IBM Thinkpad R50e 1 Nos. 27500
Printer Epson Lq 1024 2 Nos. 17500
TallyPrime Gold 1 Nos. 41000
TallyPrime Silver 2 Nos. 13500
[Bill Value – Rs.1,86,319 with Rounded off : (+) Rs.0.49]
- 4/8/2023 Purchase the following Items from Shree Enterprises
Anti Virus Norton 5 Nos. 1800
Anti Virus Symentech 5 Nos. 1500
Windows 10 2 Nos. 5000
Windows Xp 2 Nos. 4500
CD Drive 10 Nos. 550
DVD Driver Samsung 8 Nos. 1000
[Bill Value – Rs. 54,540]
- 5/8/2023 Purchase the following Items in Cash from Registered Dealer with ProductDiscount as given.
Keyboard I Ball 10 Nos. 700 2% Disc.
Keyboard-Logitech 10 Nos. 1500 3% Disc.
Monitor LG14” 5 Nos. 8000 5% Disc.
Printer HP Laser Jet 3 Nos. 16000 2% Disc.
[Bill Value – Rs.1,17,725 with Rounded off : (-) Rs.0.30]
- 14/8/2023 Purchase the following Items by payment of State Bank Of India Cheque from the Registered Dealer.
Printer HP Laser Jet 2 Nos. 16000
Printer SAMSUNG Laser Jet 2 Nos. 15500
Windows 10 5 Nos. 5500
Microsoft Office 2003 5 Nos. 850
Desktop Lenovo K200 1 Nos. 47000
Monitors SONY 20″ 2 Nos. 16000
[Bill Value – Rs. 1,95,198 with Rounded off : (+) Rs.0.50]
- 14/8/2023 Purchase the following Items from Shree Enterprises with Discount on Purchase Rs.750 & Insurance Charges of Rs.100 after GST.
Monitors SONY 20″ 2 Nos. 16000
Printer Epson Lq 1024 2 Nos. 17500
RAM 1GB 5 Nos. 1750
RAM 2GB 5 Nos. 2000
RAM 4GB 4 Nos. 2500
RAM 8GB 2 Nos. 3200
Speakers 5 Nos. 800
Windows XP 2 Nos. 5000
[Bill Value – Rs. 1,28,458]
