How to make entry with single ledger but different taxes

Accounts 210 views 1 replies
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Manager Accounts
23 Points Joined April 2010

Hello Everyone.

Can anyone guide me about. That i want to make journal entry for capital expenses incurred with single ledger.

Dr. Electrical Equipments & Fitting (this is ledger)

Dr. CGST, SGST 18%

Dr. CGST, SGST 12%

Cr. Party

 

what configuration to set in tally

 

 

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On 26 September 2022 at 15:26 Report
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Finance
4545 Points Joined September 2020
  • Go to Gateway of Tally > F11: Features > F3: Statutory & Taxation.
  • On the screen you will find the following option :
  • Enable goods and service tax (GST): Yes.
  • Set/alter GST Details: Yes.
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On 30 September 2022 at 19:34

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