[GNC] GST: how to

[Lokesh Yagnik]

Hi Amish,
Thank you for your email. You have picked my name right but I am actually
based in Australia. Looking at what you have sent me, things are a lot
complicated in India.

As per review of links sent by Geoff and some google searches I have made
the following:
Liabilities sub accounts :GST Sales, GST Purchases and GST BAS. Shall
tinker about with it and see how it works out.

Regards,

Lokesh

On Mon, 23 Nov 2020 at 14:14, Amish <anon.amish at gmail.com> wrote:

> On 23/11/20 11:15 am, Lokesh Yagnik wrote:
> > Question is regarding tracking GST. How do you record GST charged to you
> ?
> > so as to be able to claim it in the future.   Do you put it via two
> > separate transactions?
> >
> > Thanks in advance
> >
> > Lokesh
>
> Check this: (based on your name - I am assuming you mean for India)
>
> http://gnucash.1415818.n4.nabble.com/Instructions-for-GST-India-td4693136.html
>
> Its bit old but works. You may also use ready account template that
> comes by default with Gnucash.
>
> Infact new Income and GST statement report makes things much easier then
> it was in 2017.
>
> Regards,
>
> Amish
>
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