Daily Working Procedure

SERVICE TAX PROCEDURE 1. Other Charges (Obtain from the Invoices), Put the Figures in the Service Tax Excel Sheet. You will get the Income, Service Tax and EC Figures. 2. Prepare the Relevant Invoice in Service Tax Invoice. 3. Make entries from the Service Tax Invoice. 4. Transfer out the Amount of cash equal to the income from Registration (i.e. Reg Charge Collected – Reg Charge Paid – Service Tax & EC) to the Petty Cash.

ACCOUNTING PROCEDURE 1. Get the Sale and purchase Invoice and make entries in the Tally. (Indicating the Vehicle Chasis No. in the appropriate group of vehicle) 2. Asked for the recent Bank Statement and Reconcile. 3. Get the Maruti Ledger Report from DMS and Reconcile. 4. Make entries from the Cash Scroll.

PARTY / CUSTOMER CODES At first (Until the numbered OCF is used) the customer should be given coding by giving Vehicle Name, intended for purchase, against his/her ledger. Once the Maruti code is generated after DMS Billing, place that code after his/her ledger.