Entry for Air ticket

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ABHISHEK KUMAR (Querist)
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27 December 2021 Our company had purchased flight ticket for Rs 12639 from Tours & Travels agency on which taxable value of ticket is Rs 493 & CGST & SGST charged @ 9% Rs 44.44 each.how we will do the entry for the following transaction in tally.

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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06 July 2024 To record the purchase of flight tickets including GST in Tally, you would typically follow these steps:

1. **Create Ledger Accounts:**
Ensure you have the necessary ledger accounts set up in Tally:
- **Purchase Ledger**: For recording the purchase of flight tickets.
- **CGST Ledger**: For recording CGST (Central Goods and Services Tax).
- **SGST Ledger**: For recording SGST (State Goods and Services Tax).

2. **Record the Purchase Entry:**
Here’s how you would enter the transaction in Tally:

**Debit**: Purchase Ledger Account (Flight Tickets) - Rs. 12639
**Credit**: Supplier Ledger Account (Tours & Travels Agency) - Rs. 12639

This records the purchase of the flight tickets.

3. **Record GST Entries:**
Next, record the GST entries:

**Debit**: CGST Ledger Account - Rs. 44.44
**Debit**: SGST Ledger Account - Rs. 44.44
**Credit**: Input Tax Credit Ledger Account (under GST Payable) - Rs. 88.88

These entries will adjust your GST payable account. Ensure the CGST and SGST rates (9% each) are correctly applied as per your purchase invoice.

4. **Review and Save:**
Once you have entered all the details accurately, review the entry and save it in Tally.

### Example Entry in Tally:

Assuming the ledger accounts are set up as mentioned:

| Account Head | Debit (Rs.) | Credit (Rs.) |
|--------------------------------|-------------|--------------|
| Purchase - Flight Tickets | 12639.00 | |
| Supplier - Tours & Travels | | 12639.00 |
| CGST (9%) | 44.44 | |
| SGST (9%) | 44.44 | |
| Input Tax Credit - GST Payable | | 88.88 |

Ensure that the amounts and ledger accounts match your actual invoice details. This entry will correctly record the purchase of flight tickets and the GST associated with it in Tally.