Generate GST Ledger

Here are the steps to Generate GST Ledger. To learn more, you can also watch this RELY Online tutorial video:

Generate GST Ledger

To Generate GST Ledger in Rely, first select the desired company.

1. Go to Transaction > GST Entry > Generate GST Ledger and press Enter key.

2. Enter details here such as:

Month - Enter the month number for which you want to generate GST ledger and press Enter key.

Consider Current Month ITC Reverse? - Enter Y here, to view both Credit and Liability entries in which attract reverse charge is true, otherwise enter N to view only Liability entries.

Would you like to adjust Credit against Liability? - If you want to auto adjust your credits against liabilities, then enter Y here, otherwise enter N and proceed.

3. All the transaction details for the selected month will be displayed. Here, press F12 key to generate GST ledger. Your GST Ledger will be generated successfully.

4. Next, go to Zoom > Accounts Zoom and press Enter key.

5. Select Loans & Advances and press Enter key. Here, you can view Sales and Purchases tax amount.

6. Sales tax amount can be seen in CGST, SGST and IGST tax liability accounts and Purchase tax amount can be seen in Credit ledger account.