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https://help.tallysolutions.com/docs/te9rel49/Service_Tax_New/payments_to_service_provider.htm

Payments (Full) to Service Provider

Example: On 5-7-2012 ABC Company paid Rs. 1,12,360 through cheque to Krypton Agency towards the service bill dated 4-7-2012

Record the transaction in Payment Voucher

Go to Gateway of Tally > Accounting Vouchers > F5: Payment

  1. Press F2 and change the date to 05-07-2012

  2. In Debit field select Krypton Agency and press Enter to view Service Tax Details screen

  3. In Service Tax Details screen

  4. In Type of Ref field select Agst Ref to adjust the Service Tax of the bill dated 4-7-2012

  5. In Name field select the tax bill - Purc/1-1 dated 4-7-2012 from the List of Pending Tax Bills against which the payment is made.

  6. On selection of bill, details in Type of Service, Category, Amount (incl. of tax), Service Amount fields and tax bifurcation will be displayed automatically. Press Enter to accept the Service Tax details.

As there is a possibility that the service receiver may make full or partial payment to the party,  Tally.ERP 9 allows the user to alter the amount. If partial payment is made, based on the amount specified in the Amount field Service Tax and Cess amount will be re-calculated and displayed

  1. In Bill-Wise Details screen

  2. In Type of Ref field select Agst Ref from Method of Adj. list to adjust the payment towards the bill dated 4-7-2012

  3. In Name field select the bill - KA/5847/12-13 dated 4-7-2012

  4. Amount will be displayed automatically

  1. In Credit field of the Voucher Creation screen, select the Bank Ledger - Canara Bank (use Alt+C to create the Ledger). Amount will be displayed automatically

  2. In Bank Allocation screen, enter the Cheque Number in instrument Number field and in other fields accept the default details.

  3. Enter Narration, if required.

Completed Payment Voucher is displayed as shown:

  1. Press Enter to save.

Input Credit Summary

To view Input Credit Summary report

Go to Gateway of Tally > Display > Statutory Reports > Service Tax Reports > Input Credit >  Summary > Alt +F1 (Detailed view)

On payment to Party towards the services purchased, the Input Credit Summary report will be displayed as shown:

Tally.ERP 9 displays the Bank Name, Date of Payment and the Cheque Number details below the payment Voucher recorded to account the payment made towards the purchases.

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