Creating Output and Input Service Tax ledger

green_left.gifgreen_right.gif

Creating Output Service Tax Ledger

To create an Output Service Tax ledger:

Go to Gateway of Tally > Accounts Info. > Ledgers > Create

  1. Enter the Name of the ledger.

  2. Select Duties & Taxes in the field Under.

  3. Select the Type of Duty/Tax from the Types of Duty/Tax list.

  4. Select the Category Name from the List of Service Categories.

  5. Set Inventory values are affected to No.

 Creating_Output_and_Input_Service_Tax_ledger_1.gif

  1. Press Enter to accept and save.

Creating Input Service Tax Ledger

To create an Input Service Tax ledger:

Go to Gateway of Tally > Accounts Info. > Ledgers > Create

  1. Enter the Name of the ledger.

  2. Select Duties & Taxes in the field Under.

  3. Select the Type of Duty/Tax from the Types of Duty/Tax list.

  4. Select the Category Name from the List of Service Categories.

  5. Set Inventory values are affected to No.

 Creating_Output_and_Input_Service_Tax_ledger_2.gif

  1. Press Enter to accept and save.

green_left.gifgreen_right.gif