Category: Adjustment Entry
Entry for Availing Service tax Input Credit
Consider the following situation: ● The service provider charges service tax on the services provided, and ● It is not possible for the service receiver to ascertain…
Using Service Tax Adjustment Flags
Service tax adjustment flags are provided for various adjustment transactions involving service tax payable or service tax input credit, as required by the department. These…
How to make Adjustment Towards Advance Service Tax Paid
To create journal voucher for adjustment of advance payment made towards Swachh Bharat Cess and Krishi Kalyan cess 1. Go to Gateway of Tally > Accounting…
How to make Adjustment Towards ServiceTax Paid but Service not Rendered
To create journal voucher for adjustment of tax paid but service not rendered 1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal. 2. Click…
How make Adjustment Towards Excess Service Tax Paid
To create journal voucher for adjusting the excess amount of Swachh Bharat Cess and Krishi Kalyan cess paid 1. Go to Gateway of Tally > Accounting…