Discount Column in Tally Prime
1. Enabling Discount Column
Go to Gateway of Tally → F11 (Features) → Inventory Features.
Turn ON “Use discount column in invoices”.
Choose Discount Format:
Percentage
Amount
Both Percentage & Amount
This allows the discount column to appear in sales/purchase vouchers.
2. Applying Discounts in Sales Vouchers
Navigate to Gateway of Tally → Vouchers → Sales (F8).
Select Party Ledger (customer).
Enter Stock Item → Quantity → Rate.
In the Disc% column, enter discount percentage or amount.
Taxes (GST/VAT) will be calculated on the discounted value.
3. Using Discount Ledger (Alternative Method)
Step 1: Create a Discount Ledger
Gateway of Tally → Accounts Info → Ledgers → Create.
Name: Discount Allowed.
Group: Indirect Expenses (or relevant).
Step 2: Record Sales Voucher
Add items with Quantity & Rate.
In ledger allocation, select Discount Ledger and enter discount amount.
Step 3: Apply Taxes
GST is calculated on net value after discount.
Step 4: Save Voucher
4. Types of Discounts in Tally Prime
| Discount Type | How to Apply | Example |
|---|---|---|
| Trade Discount | Enter in Disc% column per item | 10% off on Product A |
| Cash Discount | Enable via F12 → Provide Cash/Trade Discount | ₹500 off on total invoice |
| Multiple Discounts | Configure multiple discount columns | Trade + Seasonal discount together |
5. Example Scenario
Product A: ₹500 × 10 = ₹5,000
Product B: ₹300 × 5 = ₹1,500
Subtotal = ₹6,500
Discount 10% = ₹650
Net Value = ₹5,850
GST @18% = ₹1,053
Final Invoice Value = ₹6,903
Important Notes
Tax is always calculated on discounted value.
For item-wise discounts, use the Disc% column.
For overall invoice discount, use a Discount Ledger.
Ensure security of discount entries (avoid misuse by staff).
Discounts can be tracked separately in accounts for reporting.