Leadger
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 November 2011
please inform me how many ledgers to be created when we deal n VAT, & under whch head
Rajnish Singh
(Expert)
16 November 2011
Follwoing Ledger has to maintain under the VAt.
For Input - Input Vat ledger with different percentage name.
for output - output vat ledger with different percentage.
For Capital goods Input - Input vat with different tax .
all these ledger will be made under the duties and taxes under current liablilites.
or input can be under the head of current assets.
For Input - Input Vat ledger with different percentage name.
for output - output vat ledger with different percentage.
For Capital goods Input - Input vat with different tax .
all these ledger will be made under the duties and taxes under current liablilites.
or input can be under the head of current assets.
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