You can record an invoice for ongoing works contract of sales, for Maharashtra.
To record a works contract transaction
1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales .
2. Select the party ledger in the field Party's A/c Name .
3. Under Particulars , select the sales ledger with Sales - Works Contract - Ongoing as the Classification / Nature .
4. Enter the percentage or amount of deduction. The Works Contract Details screen appears as shown below:
5. Select the VAT ledger.
6. Click A : Tax Analysis to display the Tax Analysis screen.
o Click F1 : Detailed to view in detailed mode. The Tax Analysis screen appears as shown below:
o Press Esc to return to the sales invoice.
The sales invoice appears as shown below:
7. Press Enter to save.
'Sales - Works Contract - Ongoing (VAT)' has been shared with