Answer Posted / priyanka
it mean... anything purchase for company like furnitures, assets like we have to follow some procedure to do purchase in accounts.
1) we have to go accounting vocher then select purchase order we have create some ledger here like manjunath mobile company under sundry creditors for loan or either cash in hand
after this we have to choose percentage like local purchase @12% like ...
2)we have to create another ledger for item stock like mobiles , chargers ect
3)finaally we have to insert input SGST@6% & CGST@6%
4) output will come after enter SGST & CGST.
and main thing SGST & CGST Ledgers are came under Duties&taxes.
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