Purchase and Sales Journal Entries With VAT

[@RcTechnicalGyan]

Nice video sir j

[@barajudecor]

Kharid khata ma sales return kasari entry garna

[@BinitaBaraili-bn8sc]

1.13 le divide kin garne

[@BinitaBaraili-bn8sc]

Kasto bina tayari video banako tax 13% lagne hoin hoin bhane rsmro sang bhannu prx ni sir

[@ashishdahal3869]

Hello sir, please land lease ko tax ra cardamom (अलैंची) खेती ko tax kate lagxa vanne ma video banaunu na please... emergency ho...

[@muzzaferali2370]

Sir 1ta video import vako purchase ma costing kasari nikalne
Banai dinu na

[@incognitomode15]

1.13 le kina gareko ho ? 13% hainarw vat katni Ani teslai ghatauni ? Please vandinu hola

[@mayatamang2978]

Exactly...mani confuse vaye...vat ta jamma 13% ho...but 1.13 le chai kasari calculate garya second ma

[@ashvinyadav7666]

@@mayatamang2978 if u divide total amount including vat by 1.13 then your taxable amount will come

[@agntperfect]

It's just a simple of Math
SP with VAT = Taxable amount (SP exclude VAT amount) + VAT amount + Non-Taxable amount (zero-rated VAT/ VAT exempt)
let's suppose Non-taxable amount = 0
or, SP with VAT = Taxable amount + VAT amount
Note: VAT amount = 13% of Taxable amount
or, SP with VAT = Taxable amount + 13% * Taxable amount
or, SP with VAT = Taxable amount + 13/100 * Taxable amount
or, SP with VAT = Taxable amount *(1+0.13)
or, SP with VAT = Taxable amount * 1.13
Other formula:
SP with VAT = (100-discount%)(100+v%)*MP/10000
MP = Marked Price
If you have two discount like Product discount (PD%) & Trade Discount (TD%)
then,
real discount % = 100- ((100-TD%)(100-PD%)/100)