Tally Prime

Prepared by - Babloo Sir (8368894657)

Q-2 Maintain Budget Ledger Wise and Group Wise(April to March) -12 Month
for following expenses.- Firm Cash BalanceRs10,50,000 - BankRs 5,00,000

Group Wise Budget
Factory Expenses Rs 2,50,000

Factory Lighting 50,000
Factory Rent 5,000
Factory Wages 20,000
Ledger-Wise
Meal Expenses
Stationery
Advertisement

Actual Details of Expenses- Month-wise (with Payment Mode)-1st 6 Month
Payment mode is CASHand next 6 Month Payment mode is BANK.

1st 6 Month

Transaction April May June July Aug Sep
6000 5500 5800 6200 5900 6100
Factory lighting 8000 8000 8000 8000 8000 8000
Factory Rent 6000 6,000 6,000 6,300 5,300 6,700
Factory Wages 4,000 3,900 4,150 4,200 4,000 3,900
Meal Expenses
Stationery 300 400 350 400 350 500
Advertisement 1,500 1,800 1,650 1,400 1,200 1,900

Last 6 Month Oct Nov Dec Jan Feb Mar
5,800 5,500 5,600 5,700 5,800 5,600
Factory lighting 8000 8500 8500 8500 8500 8500
Factory Rent 6,700 7,000 4,900 5,500 6,200 6,100
Factory Wages 3,800 3,900 3,950 4,000 4,100 3,500
Meal Expenses
Stationery 300 400 350 400 300 350
Advertisement 1,650 1,600 1,700 1,800 1,600 1,300

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• Answer
 Actual Balance
 Available Balance
 Cash – Bank Balance

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CURRENCY

FOREX Gain/Loss Adjustment

Tally-PRIME

What is Currency?

Currency help us to manage multiple currency, automatically calculate exchange rate for other

countries. We can maintain different country currency with exchange rate which we specified in
exchange rate. For doing transaction we can get the FOREX Gain/Loss in term of using currency.
Example firm sold some products in London (Pound) to JOHN 2000 Pound Product (Pound Rate –
93.50)(Total Rs 1,87,000),JOHN promise to pay amount in next 30 Days After 30 Days Rate of pound
increase (Pound Rate – 94.10), In this case firm Received 2000 Pound

with 94.10 Indies Rupees (Total Rs. 1,88,200). Some example of Currency name with Country and Code
is given below as on 31st October. Rate may be different for upcoming years. This is just an example for
learning purpose.

Currency Name Currency Symbol Rate (Std.) Code - Keys Country

Rupees ₹ (1 Unit INR) Ctrl+4 India

Dollar $ 73.50 Shift + 4 US Dollar(America)

Pound £ 93.90 Alt + 156 UK Pound (England

/ Scotland etc...)

Euro € 83.60 Alt + 0128 Europe (France,

Austria etc...)

Yen ¥ 0.65 Alt + 0165 JapaneseYen

(japan)

*Note - (Set Date According to Current Year)

Step - 1

• Create new firm

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Step - 2

Firm Purchase 50 Jackets from Harshit @ Rs 3,000 Pcs. On 1st Apr
Note 1– Create Purchase Ledger (Under – Purchase A/c) and Party Ledger (Under – Sundry Creditor)
Note 2– Create Item(Jackets) & Units of Measure (PCS) as per invoice mentioned.

Step –3

• Sold Goods to Mr. Daniel 20 PCS Jackets Per Pcs (£150) Pound, England (UK)
➢ Create Currency

Gateway of Tally - Create – Accounting Masters - Currencies –

➢ Exchange Rate (INR) Currency (Pound)
Gateway of Tally -Create – Rate of Exchanges

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➢ Create Buyer Name and Sales Ledger

o Party Name – Daniel
o Select Under – Sundry Debtor
o Currency of Ledger– Pound
o Country – United Kingdom

o Sales Ledger – Under (Sales A/c)

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Now, Create sales Invoice – Gateway of tally –Voucher – Press F8 (Sales)

o Note- In Rate Column First Pass Symbol (Alt+156) of Pound then Per Pcs Amount

Step –4

On 1stMay Daniel Pay 20 Pcs Amount £3,000, Company Received on Exchange rate (Rs 94.50) Per

Pound.

o Change Exchange rate (increase on 1st May) Firm Received (Extra Gain) on Transaction.

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➢ Back on GATEWAY OF TALLY– Balance Sheet – Press (ALT+F1) for details.

We can also check, FOREX Gain in Party Section
➢ GATEWAY OF TALLY– Display more reports – Account Book – ledger – Party Name – Enter (Data
period change to show all)

Step –5

➢ For Show FOREX Gain and FOREX Loss in P&L We create Ledger FOREX Gain and FOREX Loss
GATEWAY OF TALLY– Create – Ledger –

➢ For Adjust FOREX Gain/Loss we modify some changes in Journal voucher
GATEWAY OF TALLY– Alter – Voucher Type –Select (Journal) – Press Enter

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➢ We pass 2 Class for FOREX Gain and FOREX Loss in Journal Voucher

o FOREX Gain - Press enter
➢ Now pass 2nd Class – FOREX Loss

o FOREX Loss and – Use of class FOREX gain/loss Adjust – ‘Yes’

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GATEWAY OF TALLY–Voucher – Press (F7) in Journal voucher -Select Forex Gain.

o Now , Adjustment entry Against FOREX Gain is adjusted we can check this report in
Profit and loss Section or Party Section

Gateway of Tally– Profit & Loss account

Gateway of Tally – Display more report – Account Book – Ledger – (Select – Party) Daniel and Press
Enter (Alt + F2 ) - 1/4 to 1/5

o Same Process for FOREX Loss we can follow as above Process.

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Practical Exercise

Q-1 Maintain Different Currency with following transaction and calculate FOREX
Gain/Loss.

Stock Item with Opening QTY and Balance

Product Name Opening QTY (Pair) Cost Price

Reebok Shoes 120 1200 Rs

Relaxo Sandal 100 300 Rs

Action Shoes 120 1500 Rs

• Exchange rate Per unit other currency to INR as on 1st Nov

Std. Rate £ ¥ € $

(Pound) (Yen) (Euro) (Dollar)

93.90 0.65 83.60 73.50

Selling Rate 94.10 0.70 83.90 73.20

• Sales Price of Other currency Per Pair.

Item Description £ ¥ € $
Reebok Shoes
(Per Pair.) (Per Pair.) (Per Pair.) (Per Pair.)

£ 22 ¥ 2200 €24 $26

Relaxo Sandal £7 ¥ 800 €6 $9

Action Shoes £ 26 ¥ 3000 €28 $31

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• Sold following items on 1st November
1. Sold goods to Thomas Edison , US (Invoice no-1)

 Reebok Shoes – 20 Pair
(Total $520 Dollar Invoice)
2. Sold goods to George , UK (invoice no-2)

 RelaxoSandal – 20 Pair
 Action Shoes – 10 Pair
(Total £400 Pound Invoice)

• Firm Received cash from Party on 1-Dec According to transaction unit, but
some changes on INR which described given below Transaction.

1.Firm Received full payment ($520 ) from Thomas , Indian Rupees@ 74.10
Hint:(FOREX Gain)
2. Firm Received full payment (£400 )from George , Indian Rupees@ 93.95
Hint:(FOREX Loss)

➢ Find out the report of FOREX Gain/Profit and Net profit/Loss of
the firm

Answer

FOREX Gain→ 468 Rs ,FOREX Loss → 60 Rs , Net Profit → 31,112Rs

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Q-2 Maintain Different Currency with following transaction and calculate FOREX
Gain/Loss and Net Profit.

• Exchange rate Per unit other currency to INR as on 1stDec

Std. Rate £ ¥ € $

(Pound) (Yen) (Euro) (Dollar)

93.95 0.60 83.40 73.20

Buying Rate 94.40 0.75 83.40 73.10

• Purchase Price of Other currency Per Pcs.

Item Description £ ¥ € $
Samsung LED 32 Inch
(Per PCS.) (Per PCS.) (Per PCS.) (Per PCS.)

£ 378 ¥ 35200 €424 $482

Samsung LED 43 Inch £470 ¥ 42120 €508 $580

• Purchase following items on 1stDec
1. Purchase goodsFromChinYUNEnterprises, Japan (Invoice no-1)

 Samsung LED 32 Inch– 20 PCS
(Total ¥7,04,000Yen Invoice)

2. Purchase goodsFromBELA Enterprises, France (invoice no-2)
 Samsung LED 43 Inch– 20 PCS

(Total €10,160Euro Invoice)

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• Firm Paid cash to Party on 1-Jan According to transaction unit, but some
changes on INR which described given below transaction.

1.FirmPaid full payment (¥7,04,000)to Chin YUN Enterprises , Indian Rupees
@0..80Hint:(FOREX Loss)
2. Firm Paid full payment (€10,160) toBELA Enterprises , Indian Rupees @ 83.25
Hint:(FOREX Gain)

➢ Find out the report of FOREX Gain/Profit and Net profit/Loss of
the firm

Answer

FOREX Loss→35,200 Rs ,FOREX Gain→1,524 Rs , Net Loss→33,676 Rs

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Cost-Center / Cost Category

Tally-PRIME

What is Cost Category and cost center?

Cost Category and cost center is useful for organizations that requires
allocation of revenue and non-revenue items to parallel sets of center. It is
basically using to generate report for company non revenue or revenue. We
also use this for maintain graphically reports day-wise, month-wise etc… some
example of cost category and cost center is…

Sno Cost Category Cost center
1 Partner Profit Partner 1
2 Partner 2
3 Road Development Expenses Partner 3 or more
Salesman salary TarCoal
4 Concrete
Building development Labour charge
Bulldozer Fuel
Salesman 1
Salesman 2 or more
Cement
Tiles
Bricks
Water
Electric charges
Labour
Paint etc…

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Above example is for cost category and cost center, in category 1 we can also use predefine
allocation for cost center (auto calculate based on %). Example- Company 3 Partner profit
ratio is 35%, 40%, 25% according to investment so we can set these percentage in
predefined allocation but in Category 2, 3 and 4 we cannot set predefined allocation
because expenses may be different, Expenses details define manually in accounting
vouchers.

Solution based on category 1

Step 1 *Note - (Set Date According to Current Year)

• Create new firm - Gateway of Tally - Create - Activate (Cost Category)
and Cost Center.

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Step 2
Gateway of Tally - Account info - Cost category - Create

Gateway of Tally - Account info - Cost center - Create

Step 3
• Create - Cost Center Class (If not show press Show More)

• Set class name 'Profit'

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• After press enter class name, Define percentage in Partner's name

• Save Feature and back on Gateway of Tally
Step 4
Gateway of Tally - Account info - Ledger - Create

• Define Partnership profit as a expenses in Ledger

• Alter in cash balance Rs 2,00,000
Step 5
Gateway of Tally - Account Voucher - Press F5 (Payment) - Press F2 (1-Apr)
Pass class name as mentioned above in feature - Profit (Press F12 Key)

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Same as we can create for next month - change date using F2 Command
Step 6
Check Report of Partner's Profit
Gateway of Tally - Display more reports - Statement of Accounts - cost center -
category summary

• if we pass more than 1 month monthly profit in accounting voucher we
can check monthly report using (Alt + N) New column

• And select column details monthly, Quarterly etc…

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Solution based on Category 2
Note - In Category 2 we never used Step 3 as mentioned above in category 1
Step 1

• Create new firm and Set features

Step 2
Gateway of Tally - Create - Cost category

Gateway of Tally - Account info - Cost center - Create

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Step 3
Gateway of Tally - Create - Ledger

• Alter in cash balance Rs 5,00,000
Step 5
Gateway of Tally - Account Voucher - Press F5 (Payment) - Press F2 (for
transaction date) Any

• Pass cost category "Road Development expenses"

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• Press Enter after pass road development expenses and Press Space for Pass
cost center Amount

• Again pass 1 more transaction in June month (Press F2 for date change) in
accounting voucher

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Step 5
• Check Report of Total Expenses in category summary or Cost center
break up

Gateway of Tally - Display more reports - Statement of Accounts - cost center -
category summary

Gateway of Tally - Display more reports - Statement of Accounts - cost center -
Cost center break up

• Select any one Cost center and press Enter 3 times to show graphically

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Practical Exercise

Q-1

Create Report of Salary distribution of office employee and factory labour
using cost category and cost center wise allocation for 2 Months.Cash Balance
is Rs 4 Lacs.

Cost Category CostCenter Salary 1st Oct Salary 1st Nov
Office Salary Avinash 12,000 12,800
Rohan 13,000 13,500
Factory Salary Mayank 15,000 14,600
Total Salary 40,000 40,900
Arun 9,000 9,900
Prempal 10,000 10,700
Nagender 11,000 11,400
Total Salary 30,000 32,000

• Calculate Total ExpensesReport
Answer:

Category Summary

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Q-2

Maintain report of Building expensesBy builder in different colony and make a
final report of Total expenses in AprilMonth – Cash Balance 80 Lacs

Shahdara Colony - Building Expenses

Cost Category CostCenter Amount
3,50,000
Cement 85,000
90,000
Tiles 26,000
70,000
Bricks 2,50,000
80,000
Water 3,50,000
48,000
Electric charges 9,00,000
60,000
Building Expenses Labour 8,000
Paint

Iron

Dust

Marble

Light & Switch

Transport

Yamuna Colony - Building Expenses

Cost Category CostCenter Amount
Building Expenses Cement 4,20,500
Tiles 1,05,000
Bricks 1,10,000
Water 28,000
Electric charges 85,000
Labour 2,90,000
Paint 95,000
iron 4,70,000
Dust 73,500
Marble 10,50,000
Light & Switch 78,000
Transport 15,500

Answer:

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Category Summary

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GST Implementation

TALLY-PRIME

What is GST?

GST (Goods and Service Tax) is one indirect tax for the whole nation, which will make India one
unified common market. GST is a single tax on the supply of goods and services. GST is a
destination based tax which is levied only on value addition at each stage because credits of
input taxes paid at procurement of inputs will be available. Thus, the final consumer will bear
only the GST charged by the last dealer in the supply chain, with set-off benefits at all the
previous stages

TAX

Direct Tax Indirect Tax

Person Pay Tax from Person Collect Tax
own Pocket (Self). from customer and
pays to Govt. (other)
E.g. Income Tax
E.g. GST

What taxes will be levied under GST?

Since India is federal country, Centre Government and State Government both have powers to
levy taxes. Under GST regime, Centre and State both have power to levy GST. Therefore, GST in
India is divided into two parts:
1. Central GST (CGST)
2. State GST (SGST)

GST will be divided into two components, one is CGST which is levied by Central Government
and other is SGST which is levied by State Government. However, there will be one more type
of GST is Integrated GST (IGST). IGST will be levied on inter-state transactions. IGST will be

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levied by Centre. Now, Centre will apportion the State’s portion of GST from IGST to relevant
State.

GST

Local Other State
(Intra State) (Inter-state)

CGST IGST

SGST

GST Tax Rate?

There are different slabs for GST Rates -0% (NIL), 5%, 12%, 18% and 28% and other
Additional CESS.

• Items exempted under GST 0% (Nil):

Milk, eggs, curd, buttermilk, Fresh vegetables and fruits, Un-branded wheat and rice, un-
branded flour, Puja Items

• Items under 5%

Frozen Vegetables and fruits, branded wheat and rice, branded flour, hand-made safety
matches, cotton, cotton fabrics, Footwear below Rs.500.

• Items under 12%

Butter, Cheese, Dry fruits, mobile phones, Ayurveda products.

• Items under 18%

Biddi wrapper leaves, biscuits, footwear exceeding Rs. 500, man-made fiber, hair oil,
soap, and toothpaste

• Items under 28%

LED TV, AC, Cars, tobacco products, cement

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Here is a list of all the GST State Codes:

SERIAL NO. STATE NAME STATE CODE
1 JAMMU AND KASHMIR 01
2 HIMACHAL PRADESH 02
3 PUNJAB 03
4 CHANDIGARH 04
5 UTTARAKHAND 05
6 HARYANA 06
7 DELHI 07
8 RAJASTHAN 08
9 UTTAR PRADESH 09
10 BIHAR 10
11 SIKKIM 11
12 ARUNACHAL PRADESH 12
13 NAGALAND 13
14 MANIPUR 14
15 MIZORAM 15
16 TRIPURA 16
17 MEGHLAYA 17
18 ASSAM 18
19 WEST BENGAL 19
20 JHARKHAND 20
21 ODISHA 21
22 CHATTISGARH 22
23 MADHYA PRADESH 23
24 GUJARAT 24
25 DAMAN AND DIU 25
26 DADRA AND NAGAR HAVELI 26
27 MAHARASHTRA 27
28 ANDHRA PRADESH(BEFORE DIVISION) 28
29 KARNATAKA 29
30 GOA 30
31 LAKSHWADEEP 31
32 KERALA 32
33 TAMIL NADU 33
34 PUDUCHERRY 34
35 ANDAMAN AND NICOBAR ISLANDS 35
36 TELANGANA 36
37 ANDHRA PRADESH (NEW) 37

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GST Registration

Those taxable persons whose annual turnover is below Rs 40 lakhs but are presently paying tax
are required to migrate to GST (Amendment from 1-4-2019).

What is HSN/SAC CODE?

HSN (Harmonized System of Nomenclature) is a 6-digit uniform code allotted to over 5000
goods and is universally accepted. Conceived and developed by World Customs Organization
(WCO) in order to classify goods from all over the world in a systematic way. Adopted in over
200 countries, it covers around 98% of all goods produced and traded in.
SAC codes (Services Accounting Code) are codes issued by CBEC (Central Board of Excise and
Custom) to uniformly classify each services under GST. Each service has a unique SAC. These
SAC codes can be used in invoices created by you for the services you delivered.

Applicability of HSN:

• Businesses with a turnover of < 1.5 crores, do not need any HSN code.
• Businesses with a turnover of > 1.5 crores but < 5 crores will use a 2 digit HSN code.
• Businesses with a turnover of >5 crores will use a 4 digit HSN code.
• Businesses into exports or imports will use the full 8 digit HSN code, irrespective of the

turnover.

Some Example List of HSN/SAC Code with Tax

Description TYPE CGST SGST IGST HSN
Footwear <=500 Rs G 2.5% 2.5% 5% 54 - 5401
Fabric of Cotton G 2.5% 2.5% 5% 52- 5208
Mobile phone G 6% 6% 12% 85-8517
Ayurveda Product G 6% 6% 12% 30-3001
Cosmetics (>500) / Footwear G 9% 9% 18% 33-3304
Electronics (LED/Ac etc...) G 14% 14% 28% 85-8528
Room Rent >1000 and <2500 S 6% 6% 12% 99-9963
Repair of Machine/Ac/TV etc... S 9% 9% 18% 99-9973
Lease/ Hire on Footwear / Cloth Any S 9% 9% 18% 99-9882
Room (5 Star) >7500 Per day S 14% 14% 28% 99-9963

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GST TAX CALCULATION METHOD

Tally PRIME

Calculation

Feature Group Item Wise Ledger
wise wise Wise

Item Rate Value Wise
wise

GST - Feature - Wise Tax

Create New Company - Accept Company Details - Activate GST - Yes
• Select the Firm Registration Type (Regular)

• Select the GSTR1 Return filing - if more than 1.5 Crores. (select monthly
return) otherwise below 1.5 Crores select (Quarterly return)

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• GST Feature wise tax - set below option –Yes
• After set - Yes (fill following details) - e.g. Description - HSN/SAC code and Tax

Rate.

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Ledger Creation
Masters - Create
1. Local Purchase @ 18% and Inter-State Purchase @ 18%
Under - Purchase A/c
2. Local Sales @ 18% and Inter-state Sales @ 18%
Under - Sales A/c
3. CGST (Input / Output) with 9%

4. SGST (Input / Output) with 9%

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5. IGST
6. LOCAL Creditor (Jankidas)

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7. INTER -STATE Creditor (Vikas)

8. Local Debtor

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9. INTER-STATE Debtor

Create All Ledger with Correct Group and Back to Gateway of Tally

Inventory Create

• Masters - Create - Units

• Masters - Create - Stock Group

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• Create - Stock Item
1. Usha fan

2. Bajaj Fan

After create Inventory Details back to Gateway of Tally
Gateway of Tally - Voucher
(Press f9) Purchase
1. Local Purchase
Purchase 40 PCS USHA FANfrom Jankidas @ Rs .300 Each. GST Applicable @ 18%
(CGST 9% / SGST 9%) on 1st Apr (Supplier invoice number – 123)

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2. Inter-State Purchase
Purchase 30 PCS Bajaj FAN from Vikas @ Rs .500 Each. GST Applicable @ 18%
(IGST 18%) – Supplier invoice number – 453- Purchase on 1st Apr

After Complete Purchase Check GSTR2 Summary, here we can found our total ITC
(input Tax credit).

Gateway of Tally→Display - GST Report - GSTR-2

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B2B - Means Company purchase goods from registered dealer (Local / Inter-state)
Press Enter for more details on B2B invoices, and following entries shows

After Check Report,if we sales Product to Party - B2B (Regular Dealer)
Gateway of Tally→ Voucher - Press F8
1. Sold 10 PCS. USHA FAN to Mr. Harish. @ 450 Rs. - Discount 2%(GST 18%)
Note:-
Open - Use Discount column in Invoices from F11 .

2. Sold 10 PCS BAJAJ FANS to Mr. Maneet Sharma @ Rs 700. (GST Applicable) 18%
and Freight charges Rs 450.
Note - Create Ledger Freight charges - Under - (Indirect Expenses)

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Check GSTR1 Report for Sales Tax Summary (* Show if Correct GST for Debtor)

Our ITCis more than for Sales Tax Amount - So in the month of April our Tax
Liability is 0. (Zero). Rupees.
For full Report while Upload GSTR on Web Portal - Check GSTR-3B - this is Upload
on Web Portal for Filing Return.

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• Check balance Sheet for Duties & Taxes

Now our Reaming ITC Amount show 2,806 Rs. show on balance Sheet in Current
Liabilities Section (If Minus Sign Show (-) then It means our ITC Available
otherwise if Minus sign not show , It means we have to pay that tax to the
government that is our liability)
We can also check Outstanding Payable and Outstanding Receivable Amount
from Party-
Display - Statement of Accounts - Outstanding - (Payable/ Receivable)
Note- (while creating Part Ledger - Set Bill by Bill option - 'Yes') otherwise report
not show (Press Alt+F1 for show All Entry in Details_

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GST-Feature Tax (Practical Question)

Q-Calculate total GST Payable by the XYZ firm for following transaction

→GST (Feature wise) - 28%

Purchase from Mr. Ajay , Local (Delhi) GST No - 07AADCB2230M1ZV
• 20 PCS DELL LED, 22 Inch@Rs. 9500 each on 1st May
• 10 PCS HP LED, 21.5 Inch @ Rs 9200 each on 2nd May
(Discount - 5% on Above Item)

Purchase from Mr. Sunil , Inter-State (Kerala) GST No - 32AAACC4175D1Z7
• 10 PCS HCL Laptop, i3 @ Rs 19500 each on 1st May
• 15 PCS Lenovo Laptop, i7 @ Rs 24500 each on 2nd May
(Note- Discount - 7.5% on HCL Brand)

Total GSTR2 - 2,28,417.00 Rs

Note - If Tax not show , change the period according to transaction.
Sold to Mr. Chetan , Inter-State (Bihar) GST No - 10AABCS1429B1Z9 on 1st June

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• 12 PCS DELL LED, 22 Inch@Rs. 10200 each
• 7 PCS HP LED, 21.5 Inch @ Rs 9800 each
• 12 PCS Lenovo Laptop, i7 @ Rs 26500 each
Sold to Mr. Prakash , Inter-State (Rajasthan) GST No - 08AAACH2702H1Z0 on 2nd June
• 7 PCS DELL LED, 22 Inch@Rs. 10300 each
• 3 PCS HP LED, 21.5 Inch @ Rs 9900 each
• 10 PCS HCL Laptop, i7 @ Rs 21000 each (Discount - 5%)
Total GSTR1 - 2,26,884 Rs

Total GST Payable - No GST Payable because GSTR1 is More than GSTR2
• Show balance sheet for check

Note - if Duties and taxes show in negative , it means output tax is lower and Input tax is
higher. if Output tax is higher we have to pay (FILL GSTR) the amount show in duties and taxes
section.

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GST- Group Wise Calculation

• Step 1 TALLY –PRIME

*Note - (Set Date According to Current Year)

Create new company - Save Details and SET GST Feature 'Yes'

• Step 2
Gateway of Tally - Create - Unit
1. Units (Pcs./Mtr./Kg.) as Per Your need.

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2. Stock Group
i) Electronics Group With Tax Details

ii) Garments Group With Tax Details

3. Stock Item
iii) Stock Item

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• Step 3
Gateway of Tally - Create - Ledger
1. CGST (Local - 6% for Input / Output)

2. CGST (Local - 9% for Input / Output)

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3. SGST (Local - 6% for Input / Output)

4. SGST (Local - 9% for Input / Output)
5. IGST (Other State -12% - Input / Output)

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6. IGST (Other State -18% - Input / Output)
7. Local Creditor (B2B)

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8. Local Debtor (B2B)

9. Inter-state Creditor (B2B)

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Prepared by - Babloo Sir (8368894657)

10. Inter-state Debtor (B2B)

11. Local Debtor (Consumer)

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Prepared by - Babloo Sir (8368894657)

12. Inter-State Debtor (Consumer)

13. Sales (12%, 18%) for Local and Inter-state

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