Recording Purchase - Works Contract (Haryana)

To record purchases for works contract, you can set up the nature of transaction as Purchase - Works Contract. You also need to provide the necessary details for the works contact to record the transaction.

To record works contract transactions

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

2.    Enter Supplier Invoice No. and Date.

3.    Select the Party's A/c Name.

4.    Select purchase ledger with Purchase - Works Contract as the Nature of transaction.

5.    Select the stock item and enter the Amount. The Works Contract Details screen appears.

o     Enter the required details in the Works Contract Details screen as shown below:

o     Press Enter to return to voucher screen.

6.    Select the VAT ledger.

7.    Select the surcharge ledger.

8.    Enter Narration, if any.

The purchase invoice appears as shown below:

9.    Press Enter to save.