This discussion clarifies how restaurants should record sales when using platforms like Swiggy and Zomato. It addresses the confusion around the customer-paid total versus the actual sales amount after deductions like commission, charges, and GST. The conversation also touches on the accounting entries for weekly payouts and how to manage daily sales figures.
01 February 2025
Bill Sub Total: ₹180.00 Add : Packing Charges: ₹10.00 Less : Discount: ₹14.40 Add : Swiggy Payable GST: ₹8.78 (on 175.60) Total = 184.38 (customer paid) what should be the sales amount to be shown by restaurant ? Now when the payout amount is received (weekly settlement) the split up is as such Amount received from customer 184.38 Less : Commission 42.41 Less : Coll. Chrge 3.69 Less: GST on Com & Col Chrge @18% 8.3 Less: GST from customer (@5%) 8.78 Less: TDS 194O 0.18 Total Amount Received 121.02 Now should be the entry to be made while receiving this amount ? and how it should be shown (even in tally)
02 February 2025
Sir , the Item cost is 180 Rs . so it shouldnt be shown as sales? more over the payout is done weekly, so how will we know the sale amount daily?