How to record sales of shopkeeper

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51 Points Posted on 10 December 2020
I want to know how the GST invoices are issued in case of Kiryana stores as they focus on cash sales and they don't have time to issue invoice. Also they deal in variety of products having different tax rates.
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On 10 December 2020 at 07:44 Report
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This discussion explores the challenges Kirana (grocery) stores face in recording cash sales and issuing GST invoices due to time constraints and diverse product tax rates. It touches upon methods for calculating sales based on purchase records and applying appropriate margins, while acknowledging the complexity of varying GST rates.

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229 Points Posted on 10 December 2020
Hi.. Assuming that the Shopkeeper in question maintains a purchase file (keeps his purchase bills on record), you can draw his sales accounts by adding appropriate margin to the products sold by him.
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On 10 December 2020 at 09:31
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Student
51 Points Posted on 10 December 2020
Thanks Mr. kamath.
I can add appropriate margin but then what about rate of gst as it will differ + he
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On 10 December 2020 at 10:27

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