tally

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how to purchase invoice of gst
Replies (11)
please discribe question more to get what exactly u need.?
I m accountants
how to make entery of purchase and sale in gst updated in tally
you need to purchase goods and services not need to purchase invoice
how to make entery
ok hitesh and mohit
first of all you need to know the provision of GST , When applicable SGST , IGST and CGST, it is more important than accounting entry. usually same entry previously done.
first oa all you know about your sales product HSN Code and rate of GST. than secondly know about place of supply. if your supply with in state your tax decide in wo part SGST and CGST. for example your product GST rate 18 % ,and your registration state is Gujarat and you supply the material in Gujarat then your accounting entry as follow ,suppose basic value is 100 ,
Party Ac debit 118
sales ac credit 100
SGST AC credit 9
CGST AC Credit 9
suppose your place of supply out of gujarat than accounting entry is following

PARTY AC DEBIT 118
SALES ACCOUNT 100
IGST ACCOUNT 18
I will update about purchase entry tomorrow.
ok thanku u


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