Creating a Debtors ledger

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This discussion addresses how to create debtors ledgers for a vendor with branches across India, specifically focusing on two branches in Maharashtra sharing the same GST number but having different addresses. The consensus is that if the branches operate independently, separate ledgers are advisable, though figures will need consolidation for returns. If the GSTIN is the same, a single ledger for the state might suffice, with the specific branch address noted in the narration.

Suhasini Lad

Suhasini Lad (Querist)
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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,

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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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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CA Puja Sharma

CA Puja Sharma (Expert)
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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.

Suhasini Lad

Suhasini Lad (Querist)
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03 March 2022 Thank you for the reply.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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04 March 2022 My Pleasure ...

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