3A Accounting System

Sunday, February 15, 2015

Accounting entry (Balance sheet and Profit & Loss) by GST Tax Code

The table below show accounting balance sheet and profit & loss entry by commonly used tax codes.
Besides, it also show the entry implication to GST-03 form for GST submission.
Any comment are welcome for the sample tax entry table.


6 comments:

  1. great information...i got the super information...thank you for posting..

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  2. Dear admin,

    Just to clarify, for Purchase with GST Exclusive - Under P&L, should debit Purchase 1,000 instead of 1,060.

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  6. Thank you so much for offering this detailed information about the GST and GST accounting software . Understanding GST is not an easy task but with this blog I have learned about the term easily thanks agains

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