#GSTRegistration #GstAccounting #GstServices #accountingServices #accountingOutsoucing #ecommerceAccounting #onlineAccounting #GstRetuns
GSTN has released offline utility file in the form of excel template.
It would be very useful if accountants or tax executives who will be uploading returns on GSTN Portal download the same and fill some data, to get ready for filing GSTR-1. They will know what data or information they will require while finalizing the return at micro level. They have to maintain Sales Register in Detail, So that Customer Wise, Inventory Wise (HSN), B2B, B2C, Direct Sale, E-Com Sale, Taxable Sale, Exempt Sale, Export, Domestic Sale, Sales against Advance Received, SEZ Supply, Number of Invoice Issued, Number of Invoices Cancelled, Debit Notes, Delivery Challan, Material Sent for Job Work etc would be readily available.
I’ll advise all accountants, to ease their job, use all features of Invoices, also Keep Challans under Sales Voucher Type under GST, Earlier it was used to be under Delivery Notes in Tally. Efficient use of Chart of Accounts, Voucher Type, Accounts, Inventory and Tax Masters will save time at the time of Return Preparation.