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How to activate VAT Commodity in Stock Item in Tally ERP 9

In order to start accounting for VAT Commodities in Tally ERP 9 Accounting Software we must incorporate the VAT Commodity in the Stock Item while creating the Stock Item in Tally Software. Simply creating the VAT Commodity will not produce the Commodity wise Report but it must be activated in Inventory.

How to configure VAT Commodity in Stock Item in Tally ERP 9
VAT Commodity selected for Stock Item - Cotton in Tally ERP 9

Before proceeding to activate the VAT Commodity, first you need to create the VAT Commodity. And after that open the Stock Item in alteration mode or in the Stock Item Creation screen itself you can configure the VAT Commodity for the Stock Item.

  1. Open the Stock Item in alteration mode.
  2. Get to the VAT Details section and choose any one of the VAT Commodities from the List of VAT Commodities for Commodity field.
  3. Enter the percent of VAT for the Stock Item in the Rate of VAT (%) field.

Now the Stock Item is configured with the VAT Commodity in Tally ERP 9 Accounting Software.

is the founder of AccountsGuy.Net with the view of providing Accounting and Technical support using Accounting package Tally ERP 9, and Office Tools to the people. I write articles on Accounts, Blogging, Computer Operating, and technical issues and some of my experiences on them for students, beginners. Follow our Networks or sing-up for the email newsletter below for your daily dose of Tips and Tricks.
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{ 2 Comments... read them below or add one }

Mohinder Paul Verma said...

Hello Sir, I am using Tally ERP9.0 but unable to Create VAT Commodity because after setting all the options of F12 and F11, still it is not showing option to enable Stock Commodity option

Venkkatesh K said...

Read this article to configure the VAT in Tally.ERP 9

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