Cash Ledger and Credit Ledger Setoff

Others 318 views 7 replies

Dear Sir/ Madam,

In the month of September we had sufficient credit to set off the Liability. Also

we had the Advance received from the Customer ..which is Paid through challan- Balance appearing the Cash Ledger.

but while setting off of liability & Advance in GSTR-3B the system has suggested set-off from the ITC. (Advance to be paid and GST on sales )

Now i need to set off the Cash ledger to credit ledger is it possible???

regards,

Bhavya. P

Replies (7)
Yes....

You can

Not mandatory to setoff as per portal suggestions

Dear Sir,

GSTR-3B is already filed for the month of Sep-20, is it possible now in the month of October?.

 

 

Dear Sir,

GSTR-3B is already filed for the month of Sep-20, is it possible now in the month of October?.

 

 

Yes...

You can
Will you please guide me in steps to follow to set off
You can edit suggest ed set off column
Yes you can do manually by putting less figure against the Output Tax Liability in Set-off Table , the balance will automatically going to set-off by Cash Ledger.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details