How to Pass Journal Entry in tally erp9

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7059 Points Posted on 21 October 2022
There is a head office and a branch in the same state with the same GST number. There is no ITC in the branch. How to record the journal entries in tally erp9 to transfer and set off Tax Liability from the branch to the books of account in the head office
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On 21 October 2022 at 09:20 Report
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This discussion explains how to record journal entries in Tally ERP 9 when a branch and head office are in the same state with the same GST number. It focuses on transferring GST liability from the branch to the head office, particularly when the branch has no input tax credit. The goal is to accurately set off tax liabilities between the two entities within Tally ERP 9.

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28271 Points Posted on 23 October 2022
Upload figures.
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On 23 October 2022 at 22:08
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7059 Points Posted on 23 October 2022
CGST @ 6% ₹ 28765 & SGST @ 6% ₹ 28765 each at the branch shop.It would be helpful to know what are the entries for setting off the above GST liabilities from the books of accounts of the branch to be transferred to the books of accounts of the head office.There is no input tax credit in the branch shop. The turnover and tax of both the shops are recorded together in the return
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On 23 October 2022 at 23:25

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