To begin with, every company or firm has to record purchase, when it buys any goods. To enter the purchase of goods, Purchase Voucher is used. Purchase can be cash or credit.
To enter purchase in tally, you must have the following ledgers related to purchase:
1. CGST INPUT
2. SGST INPUT
3. IGST INPUT
5. Interstate Purchase
6. Local Purchase
Follow below steps to record purchase in Tally ERP.9
1. Go to Gateway of Tally>Accounting Vouchers (For shortcut Press “V“)
2. Select “Purchase” (For shortcut Press “F9”)
3. Select Party A/c Name Cash or Party Name.
4. Select the item, quantities and rate.
5. Select the Purchase Ledger “Local Purchase” or “Interstate Purchase“
6. if the purchase is Interstate, Select tax type IGST, if it is local Purchase, Select CSGT (Central Tax), SGST (Sate Tax), with the relevant percentage of Tax.
