Creating a Debtors ledger
This query is : Resolved
02 March 2022
Dear All,
We have a vendor who have branches in all over India. They have two branch in Maharashtra with different address, and one in Delhi. Now the GST No. for Maharashtra branch will be same, but the address is different, as there are two branches in Mumbai. The question is should I have to create two debtors ledger with different address for Mumbai, or one debtors ledger is enough for Maharashtra state. It is clear, as far as Delhi branch is concern I have to create different debtors ledger for Delhi branch.
Thanking you,
We have a vendor who have branches in all over India. They have two branch in Maharashtra with different address, and one in Delhi. Now the GST No. for Maharashtra branch will be same, but the address is different, as there are two branches in Mumbai. The question is should I have to create two debtors ledger with different address for Mumbai, or one debtors ledger is enough for Maharashtra state. It is clear, as far as Delhi branch is concern I have to create different debtors ledger for Delhi branch.
Thanking you,
03 March 2022
If both the branches of vendor work independently in relation to orders to payment, better create two ledger accounts. But you need to consolidate figures while filling returns.
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03 March 2022
Since both the branches are having same GSTIN in Maharashtra, you can sue same ledger also.
Mention the more precise location of the branch in the narration.
Mention the more precise location of the branch in the narration.
03 March 2022
Thank you for the reply.
04 March 2022
My Pleasure ...
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