Purchase Transaction

** Record purchase of a fixed asset in Tally

1. Gateway of Tally > Vouchers > F9 (Purchase). Alternatively, press Alt+G (Go To) > Create Voucher > press F9 (Purchase).

2. Enter the Supplier Invoice No. and Date.

3. Press Ctrl+H (Change Mode) to select the required voucher mode (Accounting Invoice, in this case).

4. Select the ledger grouped under Fixed Assets with the nature of transaction set to Purchase Taxable, and the Nature of goods set to Capital Goods.

5. Select the GST ledgers.

6. Press Enter to save.

** Purchases from Other Territory: To record purchases from other territories, enable the option Assessee of Other Territory in the party ledger.

A) Other territories to other territories: Central and UT taxes are applicable

B) Other territories to a state or union territory: Integrated tax is applicable

C) State or union territory to other territories: Integrated tax is applicable