How E-Commerce operators like Swiggy, Zomato Maintains Their Journal ?

What are the journal entries to be passed by e-commerce operators dealing in food delivery services like Swiggy and Zomato ? Where they have to keep track of the commission, delivery charges Gst and tcs and discounts offered to public by them and restaurants. Can anyone guide.

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Quick Summary
This discussion explores the accounting practices of food delivery e-commerce operators such as Swiggy and Zomato. It delves into the specific journal entries required to track crucial financial elements like commissions, delivery charges, GST, TCS, and discounts offered to both customers and restaurants. The aim is to provide guidance on how these platforms manage their financial records and taxes effectively.

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