Basic Purchase Services Entry under GST for Regular dealer.
1. Condition 1: Purchase services from Regular Dealer Entry
Step: GOT > Voucher > F9 > Ctrl+H > Accounting Invoice
Ø For entry in Purchase voucher under GST fill all details like’
· Date – Type date of Purchase services by pressing F2, like I type ’01/04/2020′
· Supplier invoice No: Type Supplier Invoice or Bill Number Like I type ‘DK21’
· Party A/c Name – Select your Regular Supplier Like I select “Suresh Sharma (Reg.) Supplier”.
· Particular – Select Your Service, like I select “Telecom Services”.
· Rate – Type rate of service. Like I type ‘20,000’
Ø After filling above details Press enter & select GST tax ledger form list Note: Apply GST Tax according Supplier’s State. If Supplier’s state is same (Intra-State) then apply CGST+SGST both. If Supplier’s state are different (Inter-State) from us then Apply IGST only.
· Select CGST and SGST in Ledger
Ø After filling all Above details screen of Purchase ledger will shown like this following screenshot:
Ø Press Ctrl+A to Save.
Ø Practice exercise for Purchase service from Regular Dealer Entry, for you.
· Supplier invoice No: DK25
· Date –02/04/2020
· Party A/c Name – Rajesh Gupta
· Particular – Advertisement Services
· Rate – 21000
· Tax Ledger – IGST
2. Condition 2: Purchase service from Composition Dealer Entry
Step: GOT > Voucher > F9 > Ctrl+H > Accounting Invoice
Ø For entry in Purchase voucher under GST fill all details like’
· Supplier invoice No: Type Supplier Invoice or Bill Number Like I type ‘DK22’
· Date – Type date of Purchase transactions by pressing F2, like I type ’01/04/2020′
· Party A/c Name – Select your Composition Supplier Like I select “Dhiraj Sharma (Compo) Supplier”.
· Particular – Select service like I select “Telecom Service”
· Rate – Type rate of service. Like I type ‘20,000’
Note: Composition dealer cannot issue tax invoice so entry of purchase from composition dealer will be without tax.
Ø After filling all Above details screen of Purchase ledger will shown like this following screenshot:
Ø Press Ctrl+A to Save.
Ø Practice exercise for Purchase Goods from Composition Dealer Entry, for you.
· Supplier invoice No: DK26
· Date –02/04/2020
· Party A/c Name – Sohan Prasad
· Particular – Advertisement services
· Rate – 21000
