1.  Introduction to GST ( IGST . CGST, SGST )

 

2.  Calculation of GST ( IGST, CGST & SGST) (Practical Assignment )

 

3.  GST on Tally.ERP 9 ( With Practical Assignment )

     Step-1  :  Activating GST for Your Company

     Step-2  : Setting Up GST Rates

     Step-3 :  Updating/Creating Sales and Purchase Ledgers for GST Compliance

     Step-4  : Restarting Voucher Numbering for GST Transactions

     Step-5 : Updating/Creating Party GSTIN/UIN

     Step-6  : Creating GST Ledgers

     Step-7  : Creating Party Ledgers for GST

     Step-8  : Recording Purchase under GST

     Step-9 : Recording GST Sales and Printing Invoices

 

4.  Generate GSTR-1 Returns / Reports under Tally.ERP9

  4.1. Table-Wise Format (Department  Format)

 4.2.    Returns Summary ( GSTR-1)

  4.2.1 Total number of vouchers for the period

  4.2.2. Included in returns

  4.2.3. Not relevant for returns

4.2.4.Incomplete/mismatch in information (to be resolved)

      (SUMMARY OF EXCEPTIONS – GSTR-1)

4.2.4.1.     No. of voucher with incomplete / mismatch in information

       4.2.4.2.  Country , State and Dealer Type not Specified

      4.2.4.3.Tax Rate / Tax Type not Specified

4.2.4.4.Nature of transaction, taxable value, rate of tax modified in voucher

4.2.4.5.  Incorrect tax type selected in tax ledger

4.2.4.6.Mismatch due to tax amount modified in voucher

4.2.4.7.  Voucher with incomplete / incorrect adjustment details ( SGTR-2)

4.2.4.8. Information required for generating table-wise details not provided

4.2.4.9.  Exception Types

     4.2.4.9.1. Item Exceptions

     4.2.4.9.2. Ledger Exceptions

4.3. GSTR-1 Particulars ( Computation Details)

     4.3.1. Outward Supplies

 

5.  Status Reconciliation (GSTR-1)

5.1.  Set Status

5.2.  Status-wise View

 

6.  Challan Reconciliation Report for GST Payments

7. Creating Income and Expenses Ledger in GST

 
8. Reverse Charge on Purchase from Unregistered Dealer (URD) | Reverse Charge in GST in Tally

Step-1:     Create Supplier Ledger i.e. Supplier (L) URD – Local

Step-2:     Similarly.. Create Supplier Ledger of Outside State i.e. Supplier (O) URD – Interstate

Step-3:     Create  Local Purchase Ledger i.e. “Purchase from URD-Local”

Step-4:     Similarly.. Create  Outside Purchase Ledger i.e. “Purchase from URD-Interstate ”

Step-5:     Recording an Invoice for Purchase from Unregistered Dealer-Local

Step-6  :   Similarly, You can Record an Invoice for Purchase from Unregistered Dealer-Interstate (Outside State)

Step-7:     View Total Tax Liability under Reverse Charge GST in GSTR2

Step-8 :    Recording a Journal Voucher Transaction for Increase in Tax Liability on Purchase from Unregistered Dealers

 
9. GST On Advance Payment Received From Customer in Tally | GST in Tally ERP 9

9.1.  Advance Receipt exclusive of tax adjusted against Sales Invoice in the same month

9.1.1.     To record a receipt voucher for advance receipt from customer exclusive of tax

9.1.2.     Sales Invoice Linked to an Advance Receipt Voucher in the same month as above.

9.2. Advance Received and Sales Invoice recorded in different months.

9.2.1.  Advance receipt voucher

9.2.2. Journal voucher to raise the liability

9.2.3. Sales Invoice against Advance Receipt of Previous Month

9.2.3. Journal Voucher to Reverse the Tax Liability raised in Journal Voucher for the Advance Received of the Previous Month.

9.3.  Reversal of GST on account of Cancellation of Advance Received.

9.3.1.  To exclude a transaction

9.3.2. To reverse the liability on cancellation of a transaction

 

10. Recording An Advance Payment To Supplier Under GST

 
11. Transferring Tax Credits of VAT, Excise, and Service Tax to GST
 
12. Recording Sales of Composite Supply under GST
(Expenses Apportioning)
 
13. ‘Nil-Rated Sales’ on GST in Tally.ERP9
 
14. ‘Exempt Sales’ on GST in Tally.ERP9
 
15. FAQ on GST in Tally.ERP 9
 
16. Common Queries About GST in Tally.ERP9
 

Challan Reconciliation Report for GST Payments

In Tally.ERP 9


6.    Challan Reconciliation Report for GST Payments

All the tax payment vouchers recorded for paying GST and other liabilities are displayed in Challan Reconciliation report. For each payment, the bank and challan details can be provided from this report.

To view the Challan Reconciliation report

     Go to Gateway of Tally > Display > Statutory Reports > GST > Challan Reconciliation.

To set the payment details for each transaction

1.           Click S: Set Details.

2.                    Specify the From and To dates.

3.           Select the Mode of payment.

4.          Enter the details and press Ctrl+A to accept.

The description of each column of Challan Reconciliation report is given below

Column Names

Description

Date

Displays the payment voucher date.

Particulars

Displays the bank or cash ledger selected in payment voucher.

Vch Type

Displays the name of the voucher type as Payment.

Vch No.

Displays the payment voucher number.

Type of Tax Payment

Displays GST (which is selected as the Tax Type in the Stat Payment Details screen of payment voucher).

Payment Period

Displays the From and To dates entered in Stat Payment Details screen of Challan Reconciliation report.

Type of Payment

Displays the payment type based as Interest, Late Fee, Others or Penalty, selected for the first ledger in the payment voucher.

Mode of payment

Displays the Mode of payment selected in the payment voucher or in the Challan Reconciliation report.

Bank Name

Displays the Bank Name entered in the payment voucher or in the Challan Reconciliation report.

Common Portal Identification Number (CPIN)

Displays the Common Portal Identification Number (CPIN) entered in the payment voucher or in the Challan Reconciliation report.

Challan Identification Number (CIN)

Displays the Challan Identification Number (CIN) entered in the payment voucher or in the Challan Reconciliation report.

BRN/UTR

Displays the BRN/UTR entered in the payment voucher or in the Challan Reconciliation report.

Instrument Number

Displays the Instrument number (if the mode of payment is selected as cheque or demand draft) entered in the payment voucher or in the Challan Reconciliation report.

Instrument Date

Displays the Instrument date (if the mode of payment is selected as cheque or demand draft) entered in the payment voucher or in the Challan Reconciliation report.

Payment Date

Displays the Payment date entered in the payment voucher or in the Challan Reconciliation report.

 
 
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