Gst tally entries for domestic money transfer business

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Hi

I am doing a domestic money transfer business i need the gst and tally entries for this.

My queries is Example I have transfer Rs.1000/- to my customer through domestic money transfer in imps mode. I am charging Rs.10/-as surcharge (extra Charge from the customer).  customer will pay Rs.1010/-. 

I am paying GST for Rs.10/- calculation will come like Rs. 8.48 as Taxable amount, Rs.0.76 as CGST & Rs.0.76 as SGST so total  Rs.10/-.

My money transfer company charging Rs.5/- as additonal charges and given the invoice as Rs.4.24/- as  taxable amount , Rs.0.38 as CGST & RS.0.38 as SGST. I paid Rs.1005/- to the money transfer company or bank.

I want how to made entries in tally for purchase and sales and also  for  the transfer amount Rs.1000/-

Regards

Shahul

 

Replies (4)
It's just big process. So, Try to find any video or Google Pls.
for purchase

charges .....
input cgst...
input sgst...
to company

sales

cash....dr
income...cr
output sgst..cr
output cgst..cr
@ Rahul, Wt s dis Rahul?

you any video link. if yes please share


CCI Pro

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