Gst set off rules

Hello experts please tell me gst set off rules and how to post entry in tally software...
Replies (7)
Quick Summary
This discussion clarifies the rules for setting off GST taxes and provides guidance on how to record these transactions in Tally software. It explains the importance of creating separate adjustment ledgers for CGST, SGST, and IGST, and outlines the specific journal entries required for both output and input tax adjustments. The advice is aimed at helping users, particularly new accountants, achieve accurate GST accounting.

If You want to correctly understand the Tally entries for GST taxes...
Then Prepare separate Gst adjustment ledgers as CGST ADJUSTMENTS, SGST ADJUSTMENTS & IGST ADJUSTMENTS..
After that provide Journal entries as follows to every GST heads...

For Output Tax :

Dr. Output CGST Tax - Rs. XXX
Cr. CGST Adjustments - Rs. XXX

For Input Tax :

Dr. CGST Adjustments - Rs. XXX
Cr. Input CGST tax - Rs XXX...

Post every tax ledgers as per above with its separate heads... Finally You can get exact figures...

(You can also provide compound entries)
Which under create cgst adjustments in tally sir
You can create the Adjustment ledgers under "Duties & Taxes" or "Current Liability"...

Note : Ledgers want to prepare all the three heads...
Ok sir please refer any accounts teaching YouTube channels or vedio because am fresher Accountant sir help me
You can become a good accountant if You have interest and involvement...

Search in google. Also read in Tally Solutions websites...
Thanks you experts give yours valuable reply
You are most welcome dear...

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