Relevant Groups and Ledgers in Tally for GST Entries
Accounting Entries in GST
Last updated at Dec. 16, 2024 by Teachoo
Relevant Groups and Ledgers in Tally for GST Entries
Purchase Local Purchase Local 5% -- Purchase Account Input SGST 2.5% -- Duties & Taxes Input CGST 2.5% -- Duties & Taxes To Party -- Sundry Creditors Purchase Central Purchase Central 5% -- Purchase Account Input IGST 5% -- Duties & Taxes To Party -- Sundry Creditors Sale Local Party -- Sundry Debtors To Sale Local 5% -- Sales Account Output SGST 2.5% -- Duties & Taxes Output CGST 2.5% -- Duties & Taxes Sale Central Party -- Sundry Debtors To Sale Central 5% -- Sales Account To Output IGST 5% -- Duties & Taxes