I want to use GST instead of VAT for Sales & Purchase transaction in my company..
Please guide me how do i configure the GST for TAX.
Here is my Chart of accounts G/L for Sales , Purchase and GST.
Accounts Receivable |
Customers Domestic |
Customers, Foreign |
Accounts Receivable, Total |
Accounts Payable |
Vendors, Domestic |
Vendors, Foreign |
Accounts Payable, Total |
GST |
GST 6% (Input) |
GST 12% (Input) |
GST 6% (Output) |
GST 12% (Output) |
GST , Total |
Regards