Leadger

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Querist : Anonymous

Querist : Anonymous (Querist)

15 November 2011 please inform me how many ledgers to be created when we deal n VAT, & under whch head

Rajnish Singh

Rajnish Singh (Expert)
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16 November 2011 Follwoing Ledger has to maintain under the VAt.

For Input - Input Vat ledger with different percentage name.

for output - output vat ledger with different percentage.

For Capital goods Input - Input vat with different tax .

all these ledger will be made under the duties and taxes under current liablilites.

or input can be under the head of current assets.