Accept GST details and Accept Statutory and Taxation
Create GST Ledgers in Tally Prime
Gateway of Tally > Create > Ledgers
CGST
Name : CGST
Under : Duties and Taxes
Type of Tax : GST
Tax Type : Central Tax
SGST
Name :SGST
Under : Duties and Taxes
Type of Tax : GST
Tax Type : State Tax
IGST
Name :IGST
Under : Duties and Taxes
Type of Tax : GST
Tax Type : Integrated Tax
Purchase
Under : Purchase Account
GST Details : Applicable
Type of Supply : Goods
Sales
Under :Sales Account
GST Details : Applicable
Type of Supply : Goods
SBI Bank
Under : Bank Account
Ledger for Purchase Party
Super computer Store
Under: Sundry Creditors
State : Uttar Pradesh
Reg Type : Regular
GSTIN : 09AABCD1203R1ZL
Set Alt GST details : No
Delhi Computer Traders
Under: Sundry Creditors
State: Delhi
Reg Type: Regular
GSTIN: 09AABCD1203R1ZL
Set Alt GST details: No
Ledger for Sales Party
Sudhir Saini
Under: Sundry Debtors
Set Alt GST details: No
State: Uttar Pradesh
Sanju Rawat
Under: Sundry Debtors
Set Alt GST details: No
State: Uttarakhand
Stock Group Creation: Gateway of Tally> Create > Stock Group
Computer Parts
Under: Primary
Set / Alt GST: No
Note: If all the items of a group have same GST rate, then GST rates can be set for groups. But for training purpose, we will set GST rate for each individual items.
Create Unit : Gateway of Tally> Create > Stock Units
Symbol : Pcs
Name : Pieces
Create Stock Items with GST Rates in Tally Prime
Gateway of Tally> Create > Items
Keyboard –Dell
Under: Computer Parts
Unit: Pcs
GST: Applicable
Set/Alter GST: Yes
Calculation Type: On Value
Taxability: Taxable
Tax Type: Integrated: 18%
Type of Supply : Goods
Keyboard – HP
Under: Computer Parts
Unit: Pcs
GST: Applicable
Set/Alter GST: Yes
Calculation Type: On Value
Taxability: Taxable
Tax Type: Integrated: 18%
Type of Supply: Goods
Mouse (Normal)
Under: Computer Parts
Unit: Pcs
GST : Applicable
Set/Alter GST: Yes
Calculation Type: On Value
Taxability: Taxable
Tax Type: Integrated: 18%
Type of Supply: Goods
Mouse (Cordless)
Under: Computer Parts
Unit: Pcs
GST: Applicable
Set/Alter GST: Yes
Calculation Type : On Value
Taxability: Taxable
Tax Type: Integrated: 18%
Type of Supply: Goods
Purchase the Items with GST in Tally Prime
Purchase within State: CGST and SGST Applicable
Gateway of Tally > Voucher > F9 (Purchase)
Party Account : Super Computer Store