Creating Party Ledgers for GST

You can create party ledgers with whom you purchase and sell goods and services, by providing the relevant GST details.

On this page

Supplier Ledger

Customer Ledger

Supplier Ledger

To create a supplier ledger

1.    Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

2.    Enter the Name of the supplier's ledger.

3.    Select Sundry Creditors from the List of Groups in the Under field.

4.    Set the option Maintain balances bill-by-bill? to Yes.

5.    Enter the Default credit period, if any.

6.    Set the option Inventory values are affected? to Yes, if required.

7.    Enable the option Set/Alter GST Details? to open the GST Details screen.

o     Select the relevant Registration Type from the List of registration Types.

o     Enter the 15-digit GSTIN or UIN issued by the tax authority.

o     If the supplier is an e-commerce operator, then enable the option Behave as e-Commerce Operator?

The GST Details screen appears as shown below:

o     Press Ctrl+A to accept.

The Ledger Creation screen appears as shown below:

8.    Press Enter to save.

Customer Ledger

To create a customer ledger

1.    Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

2.    Enter the Name of the customer's ledger.

3.    Select Sundry Debtors from the List of Groups in the Under field.

4.    Set the option Maintain balances bill-by-bill? to Yes.

5.    Enter the Default credit period, if any.

6.    Enable the option Set/Alter GST Details? to open the GST Details screen.

o     Select the relevant Registration Type from the List of registration Types.

o     Enter the 15-digit GSTIN or UIN issued by the tax authority.

o     If the supplier is an e-commerce operator, then enable the option Behave as e-COmmerce Operator?

The GST Details screen appears as shown below:

o     Press Ctrl+A to accept.

The Ledger Creation screen appears as shown below: