Please let me know how to make purchase entry of carpentry service received with GST in tally. also let me know the under group in tally for carpentry services (fixed asset ?, purchase account ? or indirect expenses) or can i used ledger work contract purchase.
If carpentry service increase life of asset then FA account debit GST account debit to party or cash bank account
If it does not increase life then indirect expense account debit GST account debit to party or cash bank account
SKAA & Associates
New Delhi
CA Inter
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CAclubindia
