Purchase - Works Contract

To record a works contract transaction

1.     Go to Gateway of Tally > Accounting Vouchers > F9: Purchase

2.     Enter Supplier Invoice No. and Date.

3.     Select the party ledger in Party's A/c Name option.

4.     Select the Purchase Ledger with Purchase - Works Contract predefined as the Nature of Transaction.

5.     Select the stock item, and enter the amount.

6.     Enter the information in Works Contract Details screen as shown below:

7.     Select the VAT and surcharge ledgers.

8.     Click A: Tax Analysis to display the Tax Analysis screen.

9.     Click F1: Detailed to view the names of stock items. The Tax Analysis screen appears as shown below:

10.  Press Esc to return to purchase invoice. The purchase invoice appears as shown below:

11.  Press Enter to save.