Goods and Services tax

What is GST and their slab rates?

   GST indicates Goods and Service Tax. Goods and Services Tax is an indirect tax. It is also called consumption tax applicable in India.
Goods and Service Tax has 5 slab rates of percentages are 0%, 5%, 12%, 18% and 28%.
Goods and Service Tax starts from 1st July 2017. Goods and Services Taxes levied by the central and state government.

Slab Rates:
 0% - No tax for fresh meat, fish, unpacked milk , rice, egg, fresh fruits and fresh vegetables, all                     natural food products which is unpacked
5% -  All packed food items e.g. sugar, tea coffee, rice etc
12% - Rich foods e.g. cashew, almond, butter, ghee, mobiles
18% - Hair oil, soap, toothpaste, jam, ice creams, facial tissue
28%- luxurious things car, cement, perfume, alcohol, beauty items

when GST started and why it started?

 GST started on 1st July 2017, it was passed in Lok sabha and Raj sabha.
 GST started because, in India the taxes levied at a central and state have large number of taxes. GST  made the large number of  taxes into single tax.

What are the types of GST?

  In India we are using 3 types of GST, they are
 1) CGST
 2) SGST
 3) IGST

What is CGST?

    CGST indicates Central Goods and Service Tax. Central Goods and Service tax is collected by the central government. In intra state transaction both CGST and SGST will applicable .

What is SGST?

   SGST indicates State Goods and Service Tax. State Goods and Service Tax is collected by the state government. In intra state transaction both CGST and SGST will applicable.

What is IGST?
 
   IGST indicates Integrated Goods and Service Tax. Integrated Goods and Service Tax is collected by the central government.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

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Online Tally ERP 9 class

Online Course- Tally ERP 9

Tally ERP 9 is an enterprise resource planning software developed by Tally Solutions Pvt Ltd,
headquartered in Bangalore, India. launched in 2009.

Tally ERP 9 with GST

ONLINE TRAINING & CLASS FOR TALLY ERP9. 7305325769

In today's Fast paced world Time is a very valuable commodity. Technology as a harbinger of
change has completely disrupted the way we as humans go about doing things in this ever changing
dynamic environment. It has brought about a fundamental shift in almost every aspect of our life which
includes education/learning/up skilling/training & development.
As a fully competent and certified Accounting & Commerce Professional I extend an invite to all those
people who due to their current work commitments or other professional commitments for availing this
wonderful oppurtunity to learn TALLY ERP 9 online .

Find below some of the advantages of availing this ONLINE TRAINING & CLASS FOR TALLY ERP 9
Tutorials.

1. SAVE TIME & MONEY on COMMUTING/TRAVEL for learning/attending Classes: Completely
removes the necessity of travel time as it is ONLINE. 2. Free Online guidance and help in obtaining MSME Certificate for this TALLY 9 ERP Course.

What DO YOU GAIN OR GET by enrolling for this ONLINE TALLY 9 ERP Training:

1. FIRST AND FOREMOST YOU'RE GETTING TRAINED FROM AN EXPERT IN TALLY ERP 9.
2.FLEXIBLE TIMELINES OF YOUR CHOOSING: I Offer you the flexibility of choosing the time window
of your choice. 3. PERSONAL ATTENTION: Personalised HANDS ON training and hand holding all through the course
period as well as post training till you are a PRO!!! 4. Help and Guidance in availing the MSME Government Certification for this TALLY ERP 9 which will be
much easier because of our online training.

So What Do you need for getting onboard.....
1. Preferably a very good and an uninterrupted online connectivity during the dedicated class timing of
your choosing . 2. Preferably connected through a Desktop/Laptop as the training would be an interactive and immersive
experience with practical working sessions where you would be intensively engaged and encouraged
to work on live projects. Mobile/Tablet devices wouldn't give the same kind of working experience while
compared to Desktop/Laptop 3. YOUR UNDIVIDED ATTENTION AND DEDICATED TIME!!!!!

SO WHAT ARE YOU WAITING FOR...FILL IN YOUR INTEREST OR GET IN TOUCH WITH ME NOW!!!!!      

     Tally ERP 9 class is conducting by Ms.Srividya Rajan. The entire class is conducting through
online. We are also conducting other courses like FICO in SAP software..

For enquiries please contact us +91 73053 25769. www.srividhyarajan.com

Benefits of Tally ERP 9 online class

    1.    Most of the people don’t have enough time to travel. This online course will help you out..

    2.   We are offering the course for low fees.

    3.   Many people are ready to pay the fees but cannot bear travel expenses. This online session
will help you to take classes at your own  flexible timing.

    4.  We also help you to get the MSME government certificate for Indian citizenship.

      How will you get the certificate of Tally ERP 9 provided by MSME?

      After completion of Tally ERP 9 course, Students have to pay minimum fees to MSME office.
MSME office will provide you class and at the end of the last class, MSME will provide you
certificate. https://msme.gov.in/

This msme government certificate only for indian residence .

This MSME govt certificate applicable for course Tally ERP 9

How can join the online class?

     1. Required laptop or desktop

     2. Required internet connection

     3. download the app hangouts or Skype

     4. Further process contact 7305325769

 What is Tally ERP 9?

•    Tally ERP 9 is an enterprise resource planning software developed by Tally Solutions Pvt Ltd,
• Tally ERP 9 is headquartered in Bangalore, India. 

•     Tally ERP 9 is an accounting program that can manage all of your accounts, sales,

purchase, expenses, debts, and everything related to your business. 

What is the difference between tally and tally ERP 9?
Tally is an accounting software whereas Tally ERP 9 is the latest version of Tally.

Tally is an accounts keeping software. Tally is a records of debit and credit .Tally ERP 9 is the software of tally. Tally ERP 9 software keeps an accounting records easy. Tally launched in 1986 whereas Tally ERP 9 launched in 2009.

How to create a company in Tally ERP 9?


Step 1: Open Tally screen, Gateway of tally and press short cut key Alt+f1 for company info screen
Step 2: Press shortcut key  C to Select create company
Step 3: In Directory type D:\Tally (better to save tally in D drive than C drive)
             In Name enter Company name
             In mailing name enter billing name of invoice
             In address enter company address
             In country select India and State select Tamilnadu and enter pincode
             In contact details enter phone number, email id and website
             In Books and financial year details enter the date of financial year 1-4-2019
                 and company  starting date
            In securitycontrol enter password (for security purpose and it is optional)
            Base currency information is default and press shortcut key Ctrl+A to save the company
Finally we created the company.

Steps of creating GST  with example in Tally ERP 9

(Use series A Release 6.5.4 version in Tally ERP 9)

Step 1: After creating company, go to F11 and select statutory & taxation

Step 2: enable goods and services tax (GST): yes

             Set / Alter GST details: yes

             Enter

Step 3:  gst details box will open

            State: Tamilnadu

             Registration type: Regular

             GSTIN/UIN: 33AAJJP3218FZ1

             Applicable from: 1-apr-2019

             Periodicity of GSTR1: Monthly

 Step 4:  Set alter GST rate details: yes (if it is only any one % of tax is applicable)

              GST details window will open

             Taxability: taxable

              Integrated tax: 5% or 18% or 28%

                         (Or)

Step 4: set alter GST rate details: no (if it is different tax applicable)

             Enter and save

Step 5: now create stock group

             Name : computer parts

             set/alter GST details: yes

Step 6: GSTdetails for stock group box will appear

             Taxability: taxable

              Integrated tax: 18%

              Enter and save

Step 7: create units of measures

             Symbol: nos

             Formal name: numbers 

             Enter and save

Step 8: create single stock items

             Name: mouse

             Under: computer parts

             Units: nos

             BOM: no

             Types of supply: goods

             Enter and save

                    (or)

             Name: laptop

             Under: primary

             Units: nos

             GST applicable: applicable

             se/alter GST details: yes

             GST details for stock item display will appear

             Calculation value: on value 

             taxability : taxable

             Integrated tax: 12%

             Types of supply: goods

         Enter and save

Step 9: ledger creation

            Name: purchase

            under : purchase account

            Inventory values are affected: yes

            GST applicable: applicable

            set/alter GST details: no

            Type of supply: goods

        Enter and save

Step 10: ledger creation of GST

              Name: CGST

              Under: duties and taxes

               Type of duty/tax: gst

               Tax type: central tax

                Inventory value are affected: no

           Enter and save

             Name: SGST

             Under: duties and taxes

             Type of duty/tax: gst

              Tax type: state tax

             Inventory value are affected:no

    Enter and save

              Name: babu customer

              Under: sundry debtors

              Customer details

              Address: xxx

                              Xxx

              Country: india

              State: tamilnadu

              Pincode: 600001

              GST no: 33JJACP23F1JZ

              Registration type: registered dealer/ regular

        Enter and save

              Name: vicky supplier

              Under: sundry creditors

               Address: xxx

             Country india

              State: tamil nadu

             Registered type: regular

             GST no: 33AACCP23FZ1J

        Enter and save

Step 11:  create accounting voucher

               Sales entry

               Party name: babu customer

               Purchase ledger: sales

               Name of item       quality rate

                mouse                    1 xxx

                Cgst                                         xxx

                Sgst                                         xxx

                                                              --------

                                                               Xxx

                                                              ---------             

    Enter and save

              Purchase entry

              Party name: vicky supplier

              Purchase ledger: purchase

              Name of item       quantity rate   

              Mouse                     1 xxx

                            

              Cgst                                              xxx

               Sgst                                             xxx

                                                                ---------

                                                                   Xxx

                                                                 ---------

        Enter and save

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