TallyPrime Book @ Rs.600
Tally.ERP9 Book @ Rs.550

 


 
 

Creating Sales and Purchase Ledgers for GST Compliance in TallyERP9

If many items you sell have the same tax rate, specify the tax rate and other GST details in your sales ledger. Similarly, if the items you purchase have the same tax rates, update your purchase ledger.

If you sell items with multiple tax rates, you can still maintain a single Sales Ledger for both within and outside State Sales, and record all GST details at the stock item or stock group level. You can create a single Purchase Ledger both for within as well as outside State Purchase, similarly.

A- Creating a Sale Ledger : GST-Sale (both for Local & Outside State)

To Create a Sales Ledger i.e. GST-Sales

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

Creating GST Sales Ledger in TallyERP9

2. Enter the Name of the Sales ledger i.e. GST-Sales
3. Select  Sales Account  from the List of Groups in the Under field.
4. Set the option Inventory values are affected? to Yes ,.
5. Is GST Applicable - Applicable.

6. Set/alter GST Details - No,
Don’t specify the details in the GST Details because GST Rate specified in all Items (specified above) will automatically Calculate the CGST and SGST as well as IGST,.
7. Select the Type of supply. By default the type of supply is set to Goods.

8. Press Ctrl + A to save.

[ Note : Only one Ledger i.e. GST-Sale will be created for all type of GST Sales for both Local and Outside State]

B- Creating a Purchase Ledger : GST-Purchase (both for Local & Outside State)

To Create a Purchase Ledger i.e. GST - Purchase

  • Follow the steps used for Creating the Sales Ledger i.e. GST-Sales as above

Creating GST Purchase Ledger in TallyERP9

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create.
2. Enter the Name of the Sales ledger i.e. GST-Purchase
3. Select  Purchase Account  from the List of Groups in the Under field.
4. Set the option Inventory values are affected? to Yes ,.

5. Is GST Applicable - Applicable.

6. Set/alter GST Details - No,
Don’t specify the details in the GST Details because GST Rate specified in all Items (specified above) will automatically Calculate the CGST and SGST as well as IGST.

7. Select the Type of supply. By default the type of supply is set to Goods.

8.         Press Ctrl + A to save.
[ Note : Only one Ledger i.e. GST-Purchase will be created for all type of GST Purchase both Local and Outside State ]

Note :

  1. For all type of Purchase within State, Tally.ERP9 will automatically calculate CGST and SGST on the basis of GST Rate specified in Stock Items and Address of the Party i.e. Local Party with GSTN No of the concern State.

  2. Similary, For all type of Purchase outside State, Tally.ERP9 will automatically calculate IGST on the basis of GST Rate specified in Stock Items and Address of the Party i.e. Outside State Party with GSTN No of the concern State.

 
Get.. TallyPrime Book (Advanced Usage) @ Rs. 600

Get..Tally.ERP9 Book (Advanced Usage) @ Rs. 550

 

 

Get..TallyPrime Book (Advanced Usage)
@ Rs. 600 !

17 Chapters in TallyPrime Book + 45 Practical Assignment with GST in TallyPrime & All features are described with Practical Problems with Solutions.

Buy Now

TallyPrime Book (Advanced Usage) @ Rs.600

Get..Tally.ERP9 Book (Advanced Usage)
@ Rs. 550 !

18 Chapters in Tally.ERP9 Book + 46 Practical Assignment with GST in Tally.ERP9 & All features are described with Practical Problems with Solutions.

Buy Now

Tally.ERP9 Book (Advanced Usage) @ Rs.550

 

Disclaimer :
The names of Companies and persons used in this Website have been used for illustrative purposes only.
The visitors may visit www.tallysolutions.com , the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications

Trademark :
Tally,TallyPrime, Tally GST,TallyERP9 GST, Tally9, Tally.ERP, Tally.ERP –9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners. This Website is not associated with any product or vendor mentioned in this Website.
SWAYAM EDUCATION
Mandal Bagicha, Hemkapada,
Sunhat, Balasore-756002 ( Odisha )-India
eMail ID : tallyerp9bookorder@gmail.com
Web : www.tallyerp9book.com
Mob : 09437264738

| About | Privacy Policy | Tally.ERP 9 Book ORDER | TallyPrime Book ORDER |

© 2021 : www.tallyerp9book.com