Hello Experts
Please explain me how to record a Zomato/Swiggy sale and Receipt entry with GST,TDS and TCS
Menu
How to pass Sale Entries in case of Zomato/ Swiggy sales
Replies (12)
Are you zomato or ordering food for your company or do you give food to zomoto delivery for your restaurant
Please consider me as a restaurant
Dr. Zomato commission 10
Dr. Bank 90
Cr. Sale 100
That's because you pay a commission as per zomatos revenue model. Customer pays delivery fee.
Is Customer directly make payment to Restaurant and then you pay commission to Zomato?. please Clarify.
Thank you for your reply,
Customer will pay to Zomato directly than Zomato will pay to us
Thank you for your reply
Dr. Zomato
Cr. Sale
All commissions related to them will be cut by them
When you receive cash
Dr. Bank
Cr. Zomato
Is Zomato paying full amount to restaurant after collecting from Customer ? what about TDS ?.
Zomato is paying Net amount after deducting all taxes and comission only how can I pass Sale entry and receipt entry
So TDS must applicable? Hope everyone had great holidays
https://www.zomato.com/policies/zomato-pay/
The above treatment is wrong by everyone. Please make necessary entries
| Originally posted by : Hari K | ||
 |
Zomato is paying Net amount after deducting all taxes and commission only how can I pass Sale entry and receipt entry |  |
You are suppose to pay commission and deduct TDS of Zomato at time of payment of commission . How Zomato is deducting TDS and commission and pay you net amount ? . please Clarify .
Recent Threads
- Section 10(11) or 10(12) of exempted income
- New income tax act
- Duplication of Interest on SCSS deposits in postof
- Declaration of foreign investment
- Parent buying property for major child
- LIC maturity amount filing missed
- Advice on income tax
- E filing thr net banking for AY2025-26
- PROPERTY REPORTING IN ITR
- F&o profit or loss can show a government emplo
Related Threads
CAclubindia
