When you provide works contracts, you need to record it as the sale of works contract. You can capture the sale of works contracts in Tally.ERP 9.
To record a works contract transaction
1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales > Tax Invoice
2. Select the party ledger in Party's A/c Name option.
3. Select the Sales Ledger with Sales - Works Contract predefined as the Nature of Transaction .
4. Select the stock item, and enter amount.
5. Enter the percentage or amount of deduction in the Deduction Claimed for Tax Calculation screen, as shown below:
6. Select the VAT and surcharge ledgers.
7. Click A : Tax Analysis to display the Tax Analysis screen.
8. Click F1 : Detailed to view the names of stock items in Tax Analysis screen.
9. Press Esc to return to sales invoice. The sales invoice appears as shown below:
10. Press Enter to save.