GST INVOICE
1. CREATE A COMPANY : NAME : BISKFARM ENTERPRICE(GSTIN:19ABCDE1234A1ZA)
2. ON 1ST APRIL COMPANY PURCHASE FOLLOWING STOCK FROM GLOBAL TEA HOUSE(GSTIN:
19AGHJR1234A1ZA)(BILL NO.:GTH-01)
NAME OF PRODUCT QTY. RATE GST(%)
SUGAR 100.25 KG 25/KG 5%
ASSAM TEA 100 PKT 50/PKT 5%
CALCULATE INPUT CGST & INPUT SGST
3. ON 1ST MAY COMPANY WILL SOLD FOLLOWING STOCKS TO AMIT HOUSE (GSTIN:19AGHYU1345A1ZA)
(BILL NO: AS-01)
NAME OF PRODUCT QTY. RATE GST(%)
SUGAR 100.25 KG 30 5%
BUTTER 100 PKT 55 5%
CALCULATE OUTPUT CGST & OUTPUT SGST
CREATE FOLLOWING COMPANY & ENABLE GST DETAILS:-
ENABLE FOLLOWING FEATURES
CREATE GODOWN:-
CREATE UNIT:-
CREATE STOCK GROUP:-
CREATE STOCK ITEM:-
GST APPLICABLE :APPLICABLE
SET/ALTER GST : YES
CREATE LEDGER
VOUCHER ENTRY
PURCHASE INVOICE
SAVE
HOW TO TAX ANALYSIS ?
PRESS CTRL+O
GST TAX ANALYSIS (ALT+A)
ALT+F1
SALES INVOICE
GST ADJUSTMENT
CONDITIONS:
1ST CONDITION
INPUT GST>OUTPUT GST =ITC(INPUT TAX CREDIT)
2ND CONDITION
OUTPUT GST >INPUT GST=GST PAYBLE
3RD CONDITION
INPUT GST=OUTPUT GST=NILL
HOW TO CHECK REPORT
GOTBALANCE SHEETCURRENT LIABILITYDUTIES& TAXES
PASS THE FOLLOWING TRANSACTION
CHECK BALANCE SHEETDUTY AND TAXES
PAYMENT ENTRY
PRESS CTRL +F
AUTOFILL(CTRL+F)
ASSIGNMENT I
PURCHASE BUTTER(12% GST) 20 PKT @ 50 EACH AND ALMOND(12% GST) 20 PKT @ 75 EACH
FROM DEEPAK STORES (GSTIN – 19ABCDF1257A1ZA) ON 1ST MAY INVOICE NO. DS-01 PRODUCT
STORES IN KOLKATA GODOWN
SOLD BUTTER(12% GST) 10 PKT @ 55 EACH AND ALMOND(12% GST) 10 PKT @ 80
EACH FROM RAKESH TRADERS (GSTIN – 19ACFAZ1237A1ZA) ON 1 ST MAY INVOICE NO.
RT-01
ASSIGNMENT II
CREATE A COMPANY NAME SURAT PVT LTD(GST IN-19ABCDE1234A1ZA)
ON 1.4.2023 COMPANY PURCHASE 10 PIECES COMPUTERS @12000
EACH. 18% TAX CHARGED ON COMPUTER FROM SN
TRADERS(GSTIN- 19ASBDJ1256A1ZA).BILL NO SN01. IT IS INTRA
STATE SUPPLY.
ON 2.04.2023 COMPANY SOLD 5 PIECES COMPUTERS @12000
EACH. 18% TAX CHARGED ON COMPUTER TO SMART AGENCY.
(GST IN- 19ASDFJ5678A1ZA). BILL NO- [Link] IS INTRA STATE
SUPPLY.
PURCHASE 10 PIECES COMPUTERS @12000 EACH (12% GST) AND
10 PIECES APPLE PHONE (18% GST) @80000 EACH FROM CAPITAL
ELECTRONICS(GSTIN- [Link] NO SN01. IT IS
INTRA STATE SUPPLY
SOLD 8 PIECES COMPUTERS @18000 EACH (12% GST) AND 8
PIECES APPLE PHONE (18% GST) @120000 EACH TO SACHIN
TRADERS (GST IN- 19ASDFJ5678A1ZA).BILL NO- SA01. IT IS INTRA
STATE SUPPLY
PURCHASED BOOKS FROM SAMEER,UP AT LIST PRICE OF RS 1
LAKH, TRADE DISCOUNT 20%. CASH DISCOUNT OF 5% ON
PURCHASE OF GOOD IS ALLOWED . (GST IN- 09ASDFJ5678A1ZA).
BILL NO- SA01. GST RATE IS 12%.
SOLD GOODS TO AMIT TEXTILE LIMITED, JAIPUR AT LIST PRICE
OF RS 50000, TRADE DISCOUNT 20%. CASH DISCOUNT 5% ON
SALE OF GOOD IS ALLOWED.(GSTIN- 08ASBDJ1256A1ZA). BILL
NO- [Link] RATE IS 12%. 60% PAYMENT MADE BY CHEQUE
IMMEDIETLY.
SOLD GODDS TO KARAN LTD, JODHPUR AT LIST PRICE OF RS
80000, TRADE DISCOUNT 30%. CASH DISCOUNT OF 5% ON SALE
OF GOOD IS ALLOWED. GST IN- 08ASBDJ1256A1ZA. BILL NO-
SD01. GST RATE IS 12%. FUL PAYMENT WS RECEIVED BY
CHEQUE.
PURCHASED GOODS FROM JUHI,, JAISALMER AT LIST PRICE OF
RS 10000, TRADE DISCOUNT 10%. CASH DISCOUNT OF 5% ON
PURCHASE OF GOOD IS [Link] IN- 08ASBDJ1256A1ZA.
BILL NO- SJ01. GST RATE IS 12%. 30% PAYMENT WS RECEIVED BY
CHEQUE.
