Tag: VAT on Fixed Assets

In Tally.ERP 9, applying VAT (Value Added Tax) on fixed assets involves a few steps. Here’s a comprehensive guide on how to apply VAT on fixed assets in Tally.ERP 9: Step 1: Creating Fixed Assets Ledger: Step 2: Enabling VAT in Tally.ERP 9: Step 3: Creating VAT Ledger: Step 4: Recording Purchase of Fixed Asset…