Purchase of Services - Inclusive of Service Tax

Example: on 10-7-2012 ABC Company purchased Advertising services from Krypton Agency and received service bill for Rs. 16,854 inclusive of service tax.

Record the Transaction in Purchase Voucher

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

  1. In Amount field the Service Amount of Rs. 15,000 will be defaulted automatically

  1. Under Particulars select Service  Tax Ledger e.g. Service Tax @ 12%. Service Tax amount on both the services will be calculated and displayed automatically

  2. Under Particulars select Education Cess Ledger e.g. Education Cess @ 2%. Education Cess amount on both the services will be calculated and displayed automatically

  3. Under Particulars select Secondary Education Cess Ledger e.g. Secondary Education Cess @ 1%. secondary Education Cess amount on both the services will be calculated and displayed automatically

  4. Enter the Bill-wise Details (bill number KA/4587/12-13)

The completed service Purchase Voucher is displayed as shown:

  1. Press Enter to Accept the Voucher.