Friends , I need entries for online sales commission along with GST and TCS charged by MakeMyTrip or Goibibo. What will be the sales entry?
4 Replies
Prakash Gehani
(Consultant & Teacher(Whatsapp 8718057907))
(1306 Points)
Replied 10 August 2019
Make My trip Dr
Commission Dr
Input IGST Dr
To Sales
To Output CGST
To Output SGST
Commission Dr
Input IGST Dr
To Sales
To Output CGST
To Output SGST
Amrin Mohammad
(2 Points)
Replied 09 August 2023
Hello..i am working in the resort.And some of the customers book their rooms through MMT. And later MMT pay to us after deducting their commission. Can someone please help me..how to show that commission entry in tally i.e., in saales voucher or journal voucher? because they charge IGST @ 18% on commission. how will it reflect in GSt?
please help
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 09 August 2023
1st entry you should make as the others .....
Customer A/c Dr.
To Room Charges/ Hotel Charges ( Whatever your income head )
2nd Entry
MMT A/c Dr.
To Customer A/c
3rd
Commission A/c Dr.
To MMT A/c
4th
Bank/Cash A/c Dr.
To MMT A/c.
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