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Sales – Works Contract – Ongoing (VAT)

You can record an invoice for ongoing works contract of sales, for Maharashtra.

  1. Gateway of Tally > Vouchers > press F8 (Sales).
    Alternatively, press Alt+G (Go To) > Create Voucher > press F8 (Sales).
  2. Select the party ledger in the field Party A/c name.
    As always, press Alt+C, to create a master on the fly. Alternatively, press Alt+G (Go To) > Create Master > type or select Ledger > press Enter.
  3. Select the sales ledger with Sales – Works Contract – Ongoing as the Classification / Nature.
  4. Enter the percentage or amount of deduction. The Works Contract Details screen appears as shown below:
  5. Select the VAT ledger.
  6. To view the VAT – Tax Analysis screen, press Ctrl+O (Related Reports) > type or select VAT – Tax Analysis> and press Enter.

    If you are on TallyPrime Release 1.1.3 or earlier, follow the step:
    To view the VAT – Tax Analysis screen, press Ctrl+I (More Details) > type or select VAT – Tax Analysis> and press Enter.ย 

  7. Press Alt+F5 (Detailed) to view in detailed mode. The VAT – Tax Analysis screen appears as shown below:
  8. Press Esc to return to the sales invoice.ย The sales invoice appears as shown below:
  9. Accept the screen. As always, you can press Ctrl+A to save.
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