Service Sales Ledger (Service Tax)

You can create a ledger for accounting the services rendered, under Sales Accounts group.

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

2. Enter the ledger Name .

3. Select Sales Accounts as the group name in the field Under .

4. Set Inventory values are affected? to No .

5. Set the Rounding Method , if required.

6. Set the option Is Service Tax Applicable? to Applicable .

7. Set the option Set/alter service tax details? to Yes .

Enter a Name of the service category, if required.

Enter the rate of Service tax .

Enter rate of Education cess , if required

Enter rate of Secondary education cess , if required.

Enter the rate of Swachh Bharat cess .

Enter the rate of Krishi Kalyan cess .

Press Ctrl+A to save.

The Ledger Creation screen appears as shown below:

8. Press Enter to save.

See Also

Recording service code and sub-clause number

Recording abatement details

Creating Service Purchase Ledger