Enter a journal voucher for input service distributor credit ISD) under GST in Tally ERP 9

When multiple services are received for businesses operating under a single registration, against a single tax invoice, the tax credit of such services can be distributed amongst each business as Input Service Distributor (ISD) credit. You can record a journal voucher to avail the ISD credit.

To record a journal voucher to avail the ISD credit under GST

1.    Go to Gateway of Tally > Accounting Vouchers > F7: Journal.

2.    Click J: Stat Adjustment.

3.    In the Stat Adjustment Details screen, select the options as shown below:

4.    Debit the state tax, central tax, integrated tax or cess ledgers and credit the party ledger.

  How to record advance receipt from customers for GST Taxation ?

5.    Press Ctrl+A to accept.

Enter a journal voucher for input service distributor credit ISD) under GST in Tally ERP 9
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