How to fix GST error in Tally | How to fix GSTR1, GSTR2, GSTR3B error in Tally | Taking care of which things does not cause error in GST | What are the things to keep in mind while doing master and voucher entry so that there will be no GST error
Friends, we all work hard, but many times we do not get the result of that hard work properly or it takes time to get the result, due to which our work is not completed at the right time. And similarly, when we prepare our books in Tally, many times due to the error in GST, we do not file our return on time and we have to face many problems. As you know that we have to submit GST properly at the right time and that too without any mistake. Friends, we all work hard, but many times we do not get the result of that hard work properly or it takes time to get the result, due to which our work is not completed at the right time. And similarly, when we prepare our books in Tally, many times due to the error in GST, we do not file our return on time and we have to face many problems. As you know that we have to submit GST properly at the right time and that too without any mistake. And if your business is related to e-commerce then you have to face more problems.So today we will know what are the important things to keep in mind in any business so that there is no error in GST, whether it is GSTR1 or GSTR2 or GSTR3B, our work gets completed on time. So the things we have to take care of at entry time can be divided into 2 parts: Which things to keep in mind when create Masters. Which things to keep in mind when create Vouchers. Which things to keep in mind when create Masters: When we create master, whether it is ledger master or stock master, we should take care of some things related to GST which are as follows: Ledger Master Creation: Things to do in Ledger Master Creation of Sundry Debtors and Sundry Creditors: Things to do in Ledger Master Creation of Sales and Purchase Accounts: Things to do in Ledger Master Creation of GST and TCS, TDS: Things to do in Ledger Master Creation of Expense and Income Ledgers: Things to do in Ledger Master Creation of Sundry Debtors and Sundry Creditors: Do the below settings in Tally Ledger creation for normal debtors or creditors ledger and also for E commerce debtors. Set Country and State Name Set GST Type Regular or Consumer Write correct GST Number even verify from GST Portal For E commerce set E-Commerce operator – Yes in Set/Alter GST details Things to do in Ledger Master Creation of Sales and Purchase Accounts: Do the below settings in Tally Ledger creation for Sales or Purchase Accounts Ledger for with stock item and Without Stock Item. Create Sales or Purchase Ledger under group Sales Accounts or Purchase Accounts Sales or Purchase Ledger create GST type wise like Sales @5% etc., this will help to decide different GST percentage in Ledger. If maintain item wise sales only then can create only single Sales Accounts also because your GST percentage already in items GST. But creating different names according to GST percentage is good practice. If accounts maintain without item then keep different percentage ledgers and always put GST %, HSN. If accounts maintain with stock item then no need to put GST % and HSN etc in Ledger, Just set GST Applicable – Yes. If you want can put GST %. Nature of Transaction always keep Not Applicable. Because if you set it Applicable then you need to create two different ledgers – One for CGST and SGST and Second for IGST because you can only choose One nature of Transaction a Time. Things to do in Ledger Master Creation of GST and TCS, TDS: You can create a single ledger of IGST, CGST and SGST. No need to create multiple ledgers or percentage wise ledgers because your GST will calculate on basis of Taxable Ledger (Sales or Purchase accounts) and Items. If you create multiple percentage wise GST Ledgers then also no problem. Keep percentage of calculation zero, because already we have decided in Taxable Ledgers. Choose Group – Duties & Taxes and Type of Tax – GST and Integrated Tax for IGST, Central Tax for CGST, State Tax for SGST. Things to do in Ledger Master Creation of Expense and Income Ledgers: Create Ledgers under group Expense or income as per your requirement Set GST Applicable – Yes Set Type of Supply – Services Set GST Applicable – Yes Set HSN and GST percentage Set Nature of transaction – Not Applicable because of need to do IGST and CGST transaction for same ledger Item Master Creation: Unit Creation Item Creation Keep below things in mind when create Item master: Fill item full GST details with HSN and GST percentage Fill UQC name in Item Unit cretation Which things to keep in mind when create Vouchers: When we create master, whether it is Vouchers with Inventory or Vouchers without inventory we should take care of some things related to GST which are as follows: Voucher Creation: Things to do when create vouchers with Inventory Things to do when create vouchers without Inventory We need to care same things about vouchers with inventory or vouchers without inventory. Only difference is in inventory vouchers we add stock item in invoice that have GST details in Item master. And in without inventory vouchers we add only taxable ledger that have GST in it. Other than this we can follow below things for both with inventory or without inventory vouchers to create a proper GST invoice or GST vouchers without any error: For any voucher keep voucher number less than 16 digit Select Party name then fill party details properly like, buyer details with full GST details and State, Place of Supply. and Consignee details with full GST details and State. Can change consignee state etc. according to you need. Also change consignee state name for E commerce operator. For credit note
