How to maintain accounts

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Naresh Ravva (Querist)
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05 February 2018 Respected sir / Madam,
I am R.Naresh (CA-Inter), recently appointed as an accountant in a pvt ltd company. I am Quite experienced in maintenance of books of accounts( Tally ERP) which i learned in my Articles. Now My request is How to Maintain systematic accounts in manufacturing industry in GST regime . please tell me in details. The information which you will provide will enhance to boost up my career.

Thank You

Arpit

Arpit (Expert)
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05 February 2018 This is not the exhaustive checklist but you should maintain the following records:

- Register of Goods Manufactured containing the details of the goods manufactured in the factory
- Purchase register detailing the purchases made
- Sales Register detailing all the sales made
- Stock Register containing all the inventories available
- Input Tax Credit Availed
- Output Tax liability
- Output Tax Paid