E commerce Accounts

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Accounts Trainee
61 Points Posted on 15 January 2020
how to record entries of an e-commerce business.
Suppose I have custom t-shirts business.
If I sold 50 t-shirts on a day, i have to post every sale entries in tally?
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On 15 January 2020 at 17:54 Report
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Quick Summary
This discussion explains how to record sales for an e-commerce business, specifically a custom t-shirt venture, within accounting software like Tally. It clarifies that each individual sale doesn't necessarily need a separate entry, but rather a consolidated entry for sales and bank receipts, including GST. The conversation also highlights the distinction between a sales bill entry and the subsequent bank receipt entry.

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28261 Points Posted on 27 January 2020
Prashant
these are normal sale entries which are very preliminary entry.
party ac dr.
Sales cr.
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On 27 January 2020 at 06:53
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17269 Points Posted on 27 January 2020
Pass sale entry for every e-commerce sale in tally. This will enable you to keep inventory track also.
Online sales are through online Payment modes that is banking channels.

In tally just past entry like ----
Bank A/c Dr.
To Sales A/c
To CGST A/c
To SGST A/c or IGST A/c
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On 27 January 2020 at 10:06
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28261 Points Posted on 02 March 2020
This entry is basically



receipt from customer..
not a sale entry...
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On 02 March 2020 at 10:48
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17269 Points Posted on 02 March 2020
What the above chap is repeatedly writing something weird. ?

Request don't mess up for fun sake.
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On 02 March 2020 at 14:22
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Profession
28261 Points Posted on 05 March 2020
Consult any book
the entry u hv shown is cash. sale entry.
we should try to explain Mr. prashant what will be the entry when sale bill is raised.
when cash is received.

these are two steps..
Input GST ACCOUNT IS A RECEIVABLE ACCOUNT.
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On 05 March 2020 at 08:10
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17269 Points Posted on 05 March 2020
@ Admin
please moderate posts of above chap.
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On 05 March 2020 at 13:21

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