Visual Udyog 1.0 Visual Udyog 1.0 Service Tax SoftwareService Tax Software

Your Tax – Our Solution

OverviewOverview

Features and BenefitsFeatures and Benefits

Applications Presentation ofApplications Presentation ofVisual Udyog 1.0- Service tax Visual Udyog 1.0- Service tax

Input Purchase

EntryExpense Purchase

Purchase – Raw material &

Capital Goods

Service Tax Bill Entry

Output Service Tax

Output Service tax Bill for Exempted Customers

Output service Tax Bill for your

exempted services

GAR-7 Challan Entry

JV for Excise credit

Reverse

Excise Goods removed as

such

JV for Set off Entry

Account Master Item Master

Output service tax Bill For

Export services

Import services

Application Transaction Flow

Visual Udyog 1.0-Service Tax software

Account Master – For Creating Vendors & customers

Service Tax Number compulsory for Vendors & along with that under which services he is registers, We are providing default all the services within the software , choose any one

from the list. If he is registers under multiple services then option is provided at the time of transaction entry you can change the input service.

In Account master provision available for Entering Excise detail of vendors who are registered under excise & from whom you are

purchasing excise goods

Item Master for creating items ( Excisable goods ), Provision for entering chapter number

Expense Purchase EntryExpense Purchase EntryInput purchase bill booking procedureInput purchase bill booking procedure

Expense purchase transaction entry for Booking the input service tax Bill. When you select the party, in service tax category the default

services will appeared ( As set by you in Account master).

After entering the taxable amount , software automatically calculate the input service tax amount.

Input service tax reports menu as per expense purchase bill booked

Input service tax reports as per expense purchase bill booked. You will get this report services wise.

Bank payment entry

Bill wise Allocation window for making payment. You can do part payment or full payment.

As per payment done , software calculate service tax credit automatically.

Input service tax credit register. After doing the payment you will get input service tax credit.

Input service tax credit posting at ST-3 return.

Input service tax credit amount detail services wise brake up

Service Tax Summary Reports work dynamic, it’s a complete picture of Bill wise & payment done services wise

Output Service Tax Bill EntryOutput Service Tax Bill EntryService Tax invoice entry for issuing bill Service Tax invoice entry for issuing bill ( As per your Design format) to your customers( As per your Design format) to your customers

Service Tax Sales bill Entry, if you have register under more then one services then you have to choose in service tax category. Service tax

calculation done automatically after entering taxable amount.

Service Tax Invoice- Designed as per requirement

Service Tax Invoice- Designed as per requirement

Out put service tax as per bill amount reports

Service Tax summary dynamic reports only as per bill raised amount displayed in below reports

Service Tax summary dynamic reports in abstract part showing as per bill amount.

Bank Receipt entry, bill wise allocation

Choose against which output services you are receiving payment. Part or full payment basis software automatically calculate service tax

payable amount.

Output Service tax payable as per receipt of amount.

Service tax abstract report services wise after getting payment from customers & showing how much service tax you have to pay.

Service tax summary dynamic reports effect after getting payment from customers.

Service tax summary dynamic reports effect after getting payment from customers. Abstract report shows how much you have to pay &

how much is balance to be paid as per sales bill amount

ST-3 Posting after bank receipt entry, The Column number A(i) shows gross amount received excluding service tax amount & G,H,I is the service tax amount

payable.

Advance Payment EntryAdvance Payment EntryIf you are getting advance payment form If you are getting advance payment form customers against your output services.customers against your output services.

Advance payment entry from customer against services .

Input service tax credit amount detail services wise brake up

ST-3 posting after receiving the advance payment.

Output service tax Bill EntryOutput service tax Bill EntryAs per exemption notification you are As per exemption notification you are providing output services to customers where providing output services to customers where service tax is not calculated.service tax is not calculated.

The following general exemptions from payment of whole of the amount of Service Tax are available for the Service Providers:· Services provided to the United Nations or International Organisations (Notification No.16/2002-ST dated 02.08.2002).· Services provided to a developer of Special Economic Zone or a unit of Special Economic Zone (Notifn. No.04/2004-ST dated 31.03.2004). Following are the sales invoice entry for above mentioned condition

General Exemptions condition, How to make sales entry

Bank Receipt entry for exempted sales invoice

ST-3 Posting for Exempted services

Output Service Tax bill entry Output Service Tax bill entry for exempted servicesfor exempted servicesIf one of your output service is exempted & If one of your output service is exempted & you want to make service tax invoice.you want to make service tax invoice.

Sales invoice entry for exempted services- If one of your services are exempted then you can make your service tax bill without calculating

service tax amount

Service tax bill for exempted services without service tax calculation

ST-3 for exempted services

ST-3 for exempted services

Purchase EntryPurchase EntryExcisable Raw material or capital goods entryExcisable Raw material or capital goods entry

Purchase Entry for Excise material.

Excise Credit for utilisation against service tax payable

Cenvat credit registers

Capital purchase entry, software take cares of 50% excise duty for this year.

Capital purchase 50% excise duty done automatically

Capital purchase credit reports

When you want to take Cenvat credit for adjusting against Service Tax payable you have to pass JV.

ST 3 Posting after taking Cenvat credit.

Sales Invoice EntrySales Invoice EntryRemove as such entry, after taking Cenvat Remove as such entry, after taking Cenvat credit of Raw material or capital goods if you credit of Raw material or capital goods if you are going to sale that material then you can are going to sale that material then you can print excise invoice or commercial invoice.print excise invoice or commercial invoice.

Remove as such sales invoice- If you want to sell excise paid item then you have to do following entry.

Remove as such excise invoice format

Excise credit reverse EntryExcise credit reverse EntryAfter selling excisable goods you have After selling excisable goods you have to reverse the excise amount.to reverse the excise amount.

JV Entry when you sell excise item as such, you have to reverse the excise credit taken.

ST-3 posting when you sell excisable item.

Set off Entries for input Set off Entries for input service tax credit against output service tax credit against output service tax payable amountservice tax payable amount

Service tax set Off EntryYou have to knock off service tax & excise credit available with service

tax payable amount.

In service tax abstract report against out service you will get amount adjusted services wise. You have a choice of adjusting input services

individual amount adjusted against output services.

ST-3 Posting after Set off Entry

GAR-7 Challan paymentGAR-7 Challan paymentoutput service tax payable amount to output service tax payable amount to recognized bank through GAR-7 Challanrecognized bank through GAR-7 Challan

GAR-7 Challan entry

Out put services wise you got a option of doing GAR-7 Challan entry.

GAR-7 Challan print format

ST-3 posting - After doing payment in bank through GAR-7 Challan

General Ledger reports- Tax code wise detail summary & detail

ST-3 Print – Output services wise separate ST-3 printing

ST-3 Print – Output services wise separate ST-3 printing

ST-3 Print – Output services wise separate ST-3 printing

ST-3 Print – Output services wise separate ST-3 printing

ST-3 Print – Output services wise separate ST-3 printing

ST-3 Print – Output services wise separate ST-3 printing

Technology

o MS –SQl Express (Free Edition)o Crystal Reporter 10.0 viewer version (Free Edition)o Configuration Data Encrypted (Technology & Process)

Go – Live ProcessInstallation, Registration & configuration of SoftwareInvoice setting one timeTraining on Master, transactions & reportsUser Acceptance Testing; Reconciliation of the Standard Reports will be done with 2 months of client data Partner will be responsible and will ensure that the Go-Live with Production data must be completed in or less than 3 months from the date of Implementation of the ProductGo-Live with Production data must be completed in or less than 3 months from the date of Implementation of the ProductPartner might finish the Go - Live process in less than 3 months. In such cases Partner must get the sign off from the client, submit the sign off document to Udyog and handover client to Udyog for further online supportPartner will educate the client on the support process and will inform the client to contact Udyog for further support.

Technology & ServicesTechnology & Services

PricingPricing

Visual Udyog 1.0- Service Tax - Rs.12,600/- (Single User & Single Company)

Additional User – Rs.2,700/-

Additional Company – Rs.3,600/-

AvailabilityAvailability

Udyog Software (I) LtdUdyog Software (I) Ltd203,Jhalawar,E.S.Patanwala Estate, L.B.S. Marg,203,Jhalawar,E.S.Patanwala Estate, L.B.S. Marg,

Ghatkopar (W), Mumbai-400086Ghatkopar (W), Mumbai-400086Tel: (022) 67993535 Fax: (022) 67993909Tel: (022) 67993535 Fax: (022) 67993909

E-mailE-mail: sales@udyogsoftware.com: sales@udyogsoftware.comwww.udyogsoftware.comwww.udyogsoftware.com