How Can GST be applied on all the Utility Bills(Eg.Gas)?
Please follow the steps below to apply GST on all you Utility Bills:
Login to Admin>>Dashboard>>Utility Tracker>>Bulk posting>>Meter Readings>>Select Meter Readings in Batch /excel.
For example if you wish to do a batch upload, after all the entries are done you will find a option at the below before saving "To apply GST".Select the necessary changes and save.
Rules to enable GST which is applied to the invoices in ADDA.
There are two rules to set up GST in ADDA for auto invoicing: 1.Eligibility : If checked GST will be applied only for the Flats whose Monthly Principal Amount exceeds ₹ 7500. For flats that have the Monthly Principal Amount below ₹ 7500, GST will ...
Can we pay utility bills using ADDA Payment Gateway services?
Yes! Utility Bills can be paid through ADDA Payment Gateway. Step 1: After logging in, MY ADDA -->>My Flat-->> in the dropdown of My flat, you can select Utility flat or Maintenance Step 2: User can select the Utility flat and then make payment ...
What do you mean by GST?
The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services. In effect, GST ...
What is the Journal Entry to transfer SGST/CGST(Input/Output) to GST and also please show the GST remittance entry?
Please login to Admin Dashboard>>Bank and Cash>>Taxes(To find the GST Payable amount). To pass journal entry, Login to Admin Dashboard>>General Ledger>>Journal Entries. Debit Credit 1) State GST A/c Input State A/c GST 2) Output State GST A/c ...
If there is no output GST what will happen to Input GST, Where will this be accounted in ADDA and why?
Though Input GST is a liability, it will not reflect in liability if there is no output GST, the input GST will be treated as expenses and moved to expenses. Note : This is only a suggestion. For Audit related Accounting clarifications, please ...