Table of Contents

 

Set Up Service Account in Tally e-Billing

Create a required service account under the sales account to record the sales of services.

  1. From Gateway > click Chart of Accounts > click Accounting Masters > and then click Accounts.
  2. In the Account screen, click Create.
  3. In the Create Ledger screen, enter the Basic Details.
    Service charges
    1. Enter the Name of the service account and Alias, if any.
    2. For Group, select Sales Accounts.
    3. Enter Description, if any.
  4. Enter the Taxation details.
    service charge taxation
    1. Select the required Taxation Type, such as Taxable, Exempt, and Zero-Rated.
    2. Enter the VAT Rate (%), if you have selected Taxation Type as Taxable.
    3. Select the VAT Rate Effective Date.
    4. Select the Nature of Transaction, such as Domestic Taxable Supplies, Exports, Zero-Rated, or Exempt.
  5. Click Save.
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