E-commerce transaction

let start from beginning,

1) at the time of purchase of goods

Purchase A/C DR
GST Receivable A/C DR
To Bank

2) At the time of sales of goods

Trade Receivable A/C DR
To Sales
To GST payable

Commission A/C DR
GST receivable A/C DR
To E-commerce co.

3) At the time of collection

Bank A/C DR
E-commerce co. A/C DR
To Trade receivable


4) At the time of payment of GST

GST payable A/C DR
To GST receivable (at the time of sales)
To GST receivable (at the time of commission due)