Creating Common Tax Ledger

To create a common service tax ledger

1.     Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

2.     Enter the ledger Name.

3.     Select Duties & Taxes as the group name in the field Under.

4.     Select Service Tax as the Type of duty/tax.

5.     Select Any as the Tax Head from the List of Tax Heads.

6.     Set the Rounding method, as required.

7.     Press Enter to save.

The Ledger Creation screen appears as shown below:

8.     Press Ctrl + A to save.