GST ACTIVATION

GST ACTIVATION 

1. Open the company.

2. Press F11 key.

3. Click on "Statuary and Taxation"

4. Enable Goods and Service Tax (GST)

5. Enable "Set/alter GST details"

6. Fill the following details.

7. Now save the settings.

GST LEDGERS CREATION

SALES LEDGER FOR GST

Ledger name: Sales @ 18% a/c

Under: Sales Accounts

Is GST Applicable: Applicable

Types of Supply: Goods

SGST LEDGER

Ledger name: SGST @18% a/c

Under: Duties & Taxes

Type of duty/tax: GST

Tax type: State Tax

Percentage of calculation: 9%

CGST LEDGER

Ledger name: CGST @18% a/c

Under: Duties & Taxes

Type of duty/tax: GST

Tax type: Central Tax

Percentage of calculation: 9%

GST VOUCHER ENTRY

1. Click on "Accounting Voucher"

2. Click on "Sales" or either press "F8"

3. Enter party details.

4. Enter Sales ledger.

5. Enter stock item details.

6. Enter tax ledgers and save the voucher.