Tally Entry for CIBIL Score

This query is : Resolved 

Quick Summary
This discussion addresses how to correctly record CIBIL score expenses within Tally, particularly concerning GST implications. It suggests creating a dedicated ledger, such as 'Subscription Charges', and classifying it under indirect expenses for proper accounting.

19 November 2023 Tally entry under GST for CIBIL Score

15 January 2024 Expenses - Dr.
GST ITC - Dr
Cash/Bank/Vendor - CR

15 January 2024 Under what expense direct or indirect & what head ?

20 January 2024 You can create a ledger such as SUBSCRIPTION Charges / or any other name as fits you and put it INDIRECT EXPENSES HEAD


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