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Transport companies accounts in tally 9
I am changing my job to a transport company. How to start tally 9 there please help.? And please let me know some important regulations about transport companies.? Thanks in advance!!!
Replies (2)
1.Entries are as simple as in other companies. Freight received would be direct income.
2.Ensure no TDS is deducted on freight received if PAN no. is provided to customer.
3.Check whether turnover is exceeding Rs.1000000 in the previous year if yes then keep in mind service tax is to be charged in every bill.
Thanks a lot for help
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