banner_ad

RCM perfact entry

Others 265 views 3 replies
RCM ki entry kaise karte he gstr3b mein se kaise entry karte hai wo samaj nahi Raha he pls reply for perfect entry
Replies (3)

We will pass entry for Legal expenses paid to Advocate under RCM

You have to create ledgers, Input CGST RCM A/c , Input SGST RCM A/c , Out put CGST RCM A/c ,Out put SGST RCM A/c
1)
Legal Expenses A/c Dr
Input CGST RCM A/c Dr
Input SGST RCM A/c Dr
To Output CGST RCM A/c Cr
To Output SGST RCM A/c Cr
To Advocate A/c Cr
( payable under RCM )

2) payment entry under RCM

Output CGST RCM A/c Dr
Output SGST RCM A/c Dr
To Bank A/c Cr
( payment under RCM)

 

3) For  input tax credit  you pass entry 

Input  CGST    A/c  Dr

Input  SGST    A/c  Dr

To Input  CGST  RCM   A/c  Cr

To Input  SGST  RCM   A/c  Cr 

( entry for  input tax credit under RCM )

 

4) Payment  to  Advocate  entry  

Advocate                A/c    Dr 

To Bank                  A/c    Cr 

( payment  to  Advocate  for  legal  expenses incurred ) 

To apna RCM input hai wo khada rahega na assets side pe aur apne ko output side pe pay karne ka rahega na
2 nd entry we pass for payment under RCM and 3rd entry pass for input tax credit under RCM.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details