Interstate Transfer Outward – Principal (VAT)

Interstate Transfer Outward – Principal (VAT)

You can create vouchers for the stock transferred to branch office within the state by selecting the nature of transaction Interstate Transfer Outward – Principal.

This nature of transaction is provided for Rajasthan and Tamil Nadu.

  1. Gateway of Tally > Vouchers > press F8 (Sales).
    Alternatively, press Alt+G ( Go To) > Create Voucher > press F8 (Sales).
  2. Select the party ledger in the field Party A/c name.
  3. Select the sales ledger grouped under Sales Accounts with Nature of transaction set to Interstate Transfer Outward – Principal.
  4. Select the stock item. Enter the Quantity and Rate.
    Voucher Recorded for Interstate Transfer Outward - Principal in TallyPrime
  5. Accept the screen. As always, you can press Ctrl+A to save.

Did you find this article useful?