To record a works contract transaction
1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales
2. Select the Party's A/c Name.
3. Select the sales ledger with Sales - Works Contract as the nature of transaction.
4. Select Sales - Works Contract in Classification / Nature in VAT Classification Details screen displayed on selecting the common sales ledger.
5. Select the stock item, enter the amount.
6. Enter the required details in the Works Contract Details screen.
7. Select the VAT ledger.
8. Select the surcharge ledger.
9. Set the option Provide VAT Details to Yes to view Statutory Details screen.
● Enter the TIN/TDSAN details.
The sales voucher appears as shown below:
10. Press Enter to save.