Accounting for sales through online sites

please tell me how to pass entries in a properitorship shop which dals in sales of computer parts & accesories through online sites like snapdeal. and it transfers amount by neft after collecting though customer and by deducting  its merchant cut.. please provide me entries regarding sales and vat and receipts.

Replies (3)

Hey,

You can use the link below for your reference.

/articles/taxation-entries-for-vat-excise-service-tax-and-tds-18701.asp#.VCRZUPmSyCc

Regards,

Dear dheerj pandey

i provide accounting entries for on line sales.

CASH A/C                                                           DR        (Gross amt.)

   TO SALES A/C

    TO VAT A\C 

     TO COMMISSION

(being sales made)

 

 

 

Regard

vineet kumar

7770010353

 

 

Dear Vineet kumar 

What about TDS on commission and we have no control on commision since he has the control on payment

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
31 July 2026
Senior Accountant - Bunia, Democratic Republic of Congo

AD GLOBAL LTD

Mumbai

B.Com

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Follow