We are Going to Add a Godown in our GST registration.
So, I want to know that after registration. What are the accounts for Godown should be made
For e.g. 1. We should maintain a Godown Stock?
2. If we Sale Goods directly to Dealer through Godown. Then should we have to generate eway bill
3. Goods which are sold directly from Godown. So in A/c ing entries, should we make entry of stock transfer from Godown to Store and after make entry of sale in Tally showing stock less from Godown.
Tally: Use F11 to enable Multiple Godowns, create them in Inventory Info, and use Stock Journal (Alt + F7) for transfers.
E-way Bill: Mandatory for any movement of goods (including stock transfers) over ₹50,000.
Entries: Keep stock transfers as Stock Journals and sales as standard Sales Vouchers where you specify the Godown in the Item Allocation screen.
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