RCM payable Ledger

Sir,

in books of account as on 31.03 RCM need to pay so suggest in tally can I create the ledger RCM Payable or GST payable.
Replies (2)
Quick Summary
This discussion explores how to set up a ledger for Reverse Charge Mechanism (RCM) payments in Tally accounting software. It suggests creating an 'RCM Payable' ledger or using a 'GST Payable' ledger, depending on user preference and accounting comfort. The primary goal is to ensure accurate recording of RCM liabilities by the financial year-end.

Any ledger account would be appropriate according to your comfort
Thank you

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

K R Kiran Kumar & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details