create gst supplier ledger in tally
In This tutorial, we will explain how to create GST Supplier/ Sundry Creditor Ledger In Tally. Before reading this tutorial learn the following important points.
1) Select Group: Sundry Creditor
2) Sundry Creditor is Liability.
3) When Purchasing goods, supplier country & state is important.
4) CGST& SGST levied on Intra State Suppliers (Within State Supply)
5) IGST levied on Inter State Suppliers (Outside State Supply) ...
CREATE GST SUPPLIER/SUNDRY CREDITOR LEDGER IN TALLY
From Gateway of Tally select Accounts Info
From Accounts Info select Ledgers
From Single Ledgers Select Create
Tip: Use Short keys from Gateway of Tally: ALC or alc To Create Ledger in tally
In the Ledger Creation Window, fill the following information.
Name: Enter Supplier Ledger Name (Eg: Prakash Distributors)
Under: Select Group (Eg: Sundry Creditors)
Maintain balance bill-by-bill: Set to Yes
Default Credit Period: Set as per your supplier credit period days.
These options are helpful in future to make payment within credit days.
Mailing Details: Enter Full address, Mail ID and Contact Number of your Supplier
Country and State: Select Supplier Country & State
State Selection is Important: Tally will decide GST type based on Supplier State
Set/alter GST details: Set Yes and Enter Supplier GST Details.
After entering all GST details
Press "Ctrl+A" to save GST details and again
Press "Ctrl+A" to save the Supplier Ledger.