GST PAYABLE ENTRY IN TALLY

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Subramanyam

Subramanyam (Querist)
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19 November 2017 Sir /Madam, any body help me to pass GST payable out - input gst payable entry in Tally

RAJA P M

RAJA P M (Expert)
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19 November 2017 Create a Ledger "GST ADJUSTMENT A/C". And adjust the following way... Dr. Adjustments A/c - XXXX Cr. Input CGST @ 9% - XXXX Dr. Output CGST @ 9% - XXXX Cr. Adjustment A/c - XXXX... Adjust all head of accounts... Finally you can get ITC / Payable amounts.... If reflect payable amounts then pass the payment GST Adjustments A/c - XXXX To, Bank A/c - XXXX... (Pay particular heads)

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