The abatement percentage can be set on the sales or purchase amount at the service category, ledger or group level. How to Defining abatement? Define abatement of sales amount in the service category level Go to Gateway of Tally > Accounts Info. > Statutory Info. > Service Categories >Create. Click F12: Configure Set Enable abatement details? […]
Accounting for Swachh Bharat cess when recording a reverse charge transaction in Tally. ERP9
To Enter a reverse charge voucher in Tally.ERP9 You have to ,set the following options in F11 Features. Go to Gateway of Tally> F11: Features > F3: Statutory & Compliance, Enable service tax : Yes Set/Alter service tax : Yes Press Enter, In service tax details screen Set Define Service Category and tax details as masters? toYes. […]
How can I account for Swachh Bharat cess when recording the sale of pure agent services in Tally.ERP9 ?
What is Pure Agent ? As per Rule 5 of Determination of Value for Service Tax Rules, 2006, ‘pure agent’ means the person who procures services on behalf of his client, while providing his own taxable service. In other words, he is the mediator between some service provider and his client. The value of such […]
How to record a payment transaction for Swachh Bharat Cess in Tally.ERP9?
How to enter payment transaction of swachh bharath cess, To do this follow as instructed below. Go to Gateway of Tally > Accounting Vouchers > F5: Payment. On the right button panel there is button S: Stat Payment Click on it Tax type should be selected as Service Tax Enter the Period From date and To date. […]
How to define Swachh Bharat Cess in sales/purchase ledgers of Tally.ERP9?
To set Swachh Bharat Cess in sales/purchase ledgers either have to edit existing sales/purchase ledger or have to create a new one. Gateway of Tally> Accounts Info> Ledger >Create/Alter Do as following in the sales/purchase ledger for service tax: Is service tax applicable? set to Applicable. Set/alter service tax details? set to Yes. The Service […]