Export of goods in tally

Export of Goods in Tally Prime refers to recording and managing sales transactions where goods are sold to a foreign buyer (outside India). Under the GST law in India, exports are considered Zero-Rated Supplies, meaning they attract 0% GST but require proper documentation for compliance.

A Sales Export Entry in Tally Prime refers to recording a sales transaction for exported goods in compliance with GST (Goods and Services Tax) rules. This is applicable when a business sells goods or services to a foreign country.

In India, exports are considered zero-rated supplies, meaning they attract 0% GST but still require proper documentation and filing.

Do the following entry of sales voucher.

On 1/7/2025 Company Sales 40 Intel processor each at Rs. 7,500 to XYZ and Co. Now make a Sales invoice with bill no. xyz/July/01, When dollar rate was Rs. 45/$.

Sales Voucher: – (F8)

Party’s Name: -XYZ and Co.
Sales Ledger: -Sale a/c

Receipt Voucher: –
On 1/8/2025, Company received Full amount against bill no. xyz/July/01, when rate of exchange was 48/$.

Gateway of tally —–> Vouchers ——-> Receipt (F6)

Now during Sale rate of exchange was Rs. 45/- and During Receipt the rate of exchange was Rs. 48/- Means you have to more amount than the amount which was entered during the sale entry, so it means that we have got profit.

Note: –
When rate per dollar is increased (Profit)
When rate per dollar is decreased (Loss)

To See the Profit, go to,
Gate of tally ——> Display —–> Account book ——> ledgers —–> XYZ & Co.

Journal Voucher (Forex Loss): –

Now we have to pass a Journal Adjustment Entry in journal Voucher
Gateway of tally —–> Accounting Voucher —–> Press F7

Name: – Forex Profit
Class: – Profit

Particular: – party name (XYZ and co.)  Amount will come automatically.

To view the entry you have passed, go to
Gate of tally ——> Display —–> Account book ——> ledgers —–> XYZ & Co.

Multi-Currency Assignments: – (Sales)