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Journal Vouchers for Interest, Penalty, Late Fee and Other Dues in GST in Tally.ERP9
 
 

You can a record journal voucher to raise the liability towards interest, penalty, late fee, or other dues.

To record a journal voucher for interest, penalty, late fee and other dues payable

1.    Go to Gateway of Tally > Accounting Vouchers > F7: Journal.

2.    Click J: Stat Adjustment.

3.    In the Stat Adjustment Details screen, select the options as shown below:

4.    Press Enter to save and return to the journal voucher.

5.    Debit the expenses or party ledger, and enter the amount of interest liability.

6.    Credit the ledger grouped under Current Liabilities.

7.    Press Ctrl+A to accept the journal voucher.

 

Similarly, you can record the journal voucher by selecting the Additional Details in the Stat Adjustment Details as:

     Penalty, for penalty payable.

     Late Fee, for late fee payable.

     Others, for other dues payable.

 

 
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HSN/SAC for GST
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Table-wise Report of GSTR-1
Using Multiple addresses for Ledger Account
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Status Reconciliation- GSTR-2
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Reversal of Tax Credit under GST
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Recording Transitional Credit under GST
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Liability for interest, Penalty, Late Fee, and other Dues in GST
Advance Payment to Supplier under Reverse Charge in GST
GST Payment Voucher
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Sales of Composite Supply under GST
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Exempt GST-Sales
SEZ GST-Sales
GST-Sales to Consumer (B2C large and small invoices)
GST-Sales Involving Consignee (ship to) and buyer (bill to)
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GST-Sales of Goods and Services in a Single Invoice
Restart Voucher Numbering in GST Sale
Purchase Returns under GST
Record Inward Supply Of Services As Imports under GST
Raise Tax Liability under GST Purchase
Claim Tax Credit On The Liability Of Imports under GST Purchase
Nil Rated GST-Purchases
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SEZ GST-Purchases
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Local GST-Purchase
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Providing GST-related details
Sales Inclusive of Tax in Tally.ERP9
 
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