Services

Service Master
In GST era, you will be required to levy GST on service too. Till date, Bulls-
Tracker was meant for handling transactions related to goods only (i.e. Red
bull SKUs). But now additional functionality for handling services is also
incorporated.

Service Master similar like product master will be maintained. Services will
get downloaded from Bulls-I, but at the same time you can also create the
services
 Service Master
In Bulls Tracker, go to Masters  Service Master
GST will be applied to services provided.

Click on New to create new service

Service Master

• Enter Service name

• Enter Service Account Number(SAC)
• Select the account name to which effect
of sales/purchase of service to happen.
(Create account using Account Master)
• Enter IGST%. SGST% and CGST% will be
bifurcated automatically
• Enter the Period Y/N (This is relevant
when you will be accounting the
services transactions with Retailer/Red
bull on monthly basis. For example
Visibility Services are settled on monthly
basis)
• Click on Save button to save the service
 Purchase Service

When you want to pay Retailer for services rendered by retailer, you
should get an invoice from the retailer. Retailer can issue Tax invoice if he is
Registered. Input the same in Bulls Tracker using ‘Purchase Services’
option.

If retailer is unregistered/composite, you still need to book the purchase

using this option, but system will generate self invoice automatically.
Self invoice will appear in GSTR report (Sales Register under GST reports).

If you have not received invoice from retailer, you can opt for creating Self
Invoice.

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 Purchase Service
In Bulls Tracker, go to Entries  Purchase Services
GST will be applied to purchase service billing

Click on New to create new purchase services

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Details for creating Purchase Services is explained in next
slide……
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Voucher date: Will appear automatically basis sync status
Voucher series: Voucher series will come automatically
Voucher no: Voucher number will be entered automatically
Company name: Select company name (Red bull)
Invoice date: Enter invoice date. Invoice date should not be greater than Voucher date
Invoice no: Enter invoice number you received from Retailer (In case of unregistered Retailer
where you have not received invoice, enter voucher number displayed)
Party name: Select Party name from list
According to the name selected, GST type, GST number, State and PAN number will come
automatically
Service name: Select service name which you have created from the list.
SAC and Service account will come automatically
Narration: Enter the narration (details of the service)
Taxable amount: Enter the taxable amount
IGST%, SGST5%, CGST%, and CESS% which is entered while creating service, will come
automatically
Net amount: Net amount will be calculated
Calculate TDS(Optional): Click on Calculate TDS button to calculate TDS, if TDS is applicable
TDS amount: TDS amount will be calculated
Click on Save button to save the purchase service
Note: While creating service master, if Self Invoice is Y then system will create self invoice.

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 Sales Service
Similar like purchase, you may be rendering services to your customers.
Invoices from services will be created from this option.

For Red bull services, for which you have booked purchase services from
retailers, you must simply click ‘Auto Generate Service’. This will create
sales invoice for all the purchases for previous month. This invoice will also
become visible in Bulls-I as a claim to company.

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 Sales Service
In Bulls Tracker, go to Entries  Sales Services
GST will be applied to Sales service billing

Click on New to create new sales services

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Details for creating Sales Services is explained in next slide……

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Voucher date: Enter voucher date. Before entering voucher date, data should be
synched.
Voucher series: Voucher series will come automatically.
Voucher no: Voucher number will be entered automatically.
Company name: Select company name.
Party name: Select party name from list.
According to the name selected, GST type, GST number, State and PAN number will
come automatically.
Service name: Select service name which you have created from the list.
SAC and Service account will come automatically.
Narration: Enter the narration.
Taxable amount: Enter the taxable amount.
IGST%, SGST5%, CGST%, and CESS% which is entered while creating service, will come
automatically.
Net amount: Net amount will be calculated.
Round amount: Enter the rounded amount.
Click on Save button to save the purchase service.

Note: While creating service master, if Self Invoice is Y then system will ask for self
invoice.
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THANK YOU…!