How to maintain accounts
This query is : Resolved
Naresh Ravva
(Querist)
05 February 2018
Respected sir / Madam,
I am R.Naresh (CA-Inter), recently appointed as an accountant in a pvt ltd company. I am Quite experienced in maintenance of books of accounts( Tally ERP) which i learned in my Articles. Now My request is How to Maintain systematic accounts in manufacturing industry in GST regime . please tell me in details. The information which you will provide will enhance to boost up my career.
Thank You
I am R.Naresh (CA-Inter), recently appointed as an accountant in a pvt ltd company. I am Quite experienced in maintenance of books of accounts( Tally ERP) which i learned in my Articles. Now My request is How to Maintain systematic accounts in manufacturing industry in GST regime . please tell me in details. The information which you will provide will enhance to boost up my career.
Thank You
05 February 2018
This is not the exhaustive checklist but you should maintain the following records:
- Register of Goods Manufactured containing the details of the goods manufactured in the factory
- Purchase register detailing the purchases made
- Sales Register detailing all the sales made
- Stock Register containing all the inventories available
- Input Tax Credit Availed
- Output Tax liability
- Output Tax Paid
- Register of Goods Manufactured containing the details of the goods manufactured in the factory
- Purchase register detailing the purchases made
- Sales Register detailing all the sales made
- Stock Register containing all the inventories available
- Input Tax Credit Availed
- Output Tax liability
- Output Tax Paid
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Intimation under section 245
- GST input credit on commercial property
- Gift to nri relatives residing in usa
- ETDS return q4 25-26
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
