Cash Ledger and Credit Ledger Setoff

330 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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
06 July 2026
C.A./CA Inter OR pursuing C.A./GST/Accounts/Audit/IT - Head

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details