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

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