You can create a ledger named "Service Charges/Fee " or "Installation Charges" or any other name as suitable and put the same under DIRECT INCOME / OTHER INCOME
If 2 lakhs is installation then where is the gst?
Two classifications are allowed
Income from Sales
Income from Services
All othwr classifications can be alias.
Direct income/ sales varies based 9n the software
Ok I got the gst part, you have to show it net of gst and only under sales cquse i changed my mind. Services are sold.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
