Please Inform Details of Entry
subhagan sreerangam (7054 Points)
04 April 2023Output CGST ₹ 106400
Output SGST ₹ 106400
Input CGST ₹82000
Input SGST ₹ 82000
CGST Payable ₹24400
SGST Payable ₹ 24400
Branch office shop details are given below
Output CGST ₹ 88900
Output SGST ₹88900
Input CGST ₹72700
Input SGST ₹72900
CGST Payable ₹16200
SGST Payable ₹16200
Sales turnover, Output tax and Input tax at head office shop & branch office shop are reported consolidated while filling GSTR1 Return.
Total CGST₹ 40600 & SGST ₹40600 payment is made from bank account at head office shop.
Books of accounts of head office shop and branch office shop are prepared separately in tally erp9 software.
But CGST ₹16200& SGST ₹16200 are seen as payable in the duties and taxes ledger in the books of accounts of the branch office shop.
How to transfer the payable tax in the duties and taxes ledger from the branch office shop to the duties and taxes ledger of the head office shop through tally erp9
It would be very helpful if you could send the entries to be created in tally erp9.