Trimurthy Traders(Proprietor : Mr. Surya Krishnamurthy) - Transaction No.116 of Practice Sheet-7, Purchase Voucher No.7

Practice Sheet - 7 (Transactions for the month of Oct' 2021)

TRIMURTHY TRADERS

(Prop : Mr. Surya Krishnamurthy)

Financial Year : 2021-22(April' 2021 to March' 2022)

Assessment Year : 2022-23(April' 2022 to March' 2023)

Date : 01/10/2021 (Transaction No. 116)

Goods purchased from Krishna Enterprises, Odisha for ₹5,71,721.80 as per Invoice No-1162.

Item/Product/Taxable Value ₹4,84,510/-, CGST ₹43,605.90 and SGST ₹43,605.90

Total Invoice Value is ₹5,71,721.80(i.e Taxable Value ₹4,84,510 + CGST ₹43,605.90 + SGST ₹43,605.90).

See the Invoice details below.

Journal Entry

Let's see how to enter the above transaction in TallyPrime.

Steps to enter in TallyPrime.

Go to Voucher Entry Screen

Press 'F9' or click on 'F9:Purchase'

Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction.

Enter Supplier's Invoice No.1162 dt.01/10/2021.

Enter Party A/c Name : Krishna Enterprises.

Enter Purchase Ledger : Purchases A/c.

Enter all Stock Items available in the above Purchase Invoice.

Enter 'CGST' and 'SGST'

Fill all the fields as mentioned in the image below.

Press 'Ctrl+A' to Accept/Save Voucher.

Now Voucher Entry for the above transaction is Complete.

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