{"id":69661,"date":"2025-04-08T16:10:39","date_gmt":"2025-04-08T10:40:39","guid":{"rendered":"https:\/\/piceapp.com\/blogs\/?p=69661"},"modified":"2025-04-08T16:10:44","modified_gmt":"2025-04-08T10:40:44","slug":"how-to-calculate-gst-tax-in-tally-erp","status":"publish","type":"post","link":"https:\/\/piceapp.com\/blogs\/how-to-calculate-gst-tax-in-tally-erp\/","title":{"rendered":"How to Calculate GST Tax in Tally ERP: A Comprehensive Guide"},"content":{"rendered":"\n
Calculating GST or the Goods and Services Tax can seem like a tedious and time-consuming feat, at first. This shall especially be the case for businesses that deal with a huge number of transactions<\/a> on a daily basis. However, with the help of Tally, one can auto-calculate GST with aided ease.<\/p>\n\n\n\n Are you wondering how to calculate GST tax in tally <\/strong>ERP? This blog shall guide you through the step-by-step method of configuring Tally in order to auto-calculate GST, ensure accuracy by the end of it and maintain compliance with the GST rules. <\/p>\n\n\n\n Therefore, you will be able to integrate GST calculations seamlessly into your everyday accounting workflow. <\/a>Save time and eliminate errors, and level up your efficiency at once!<\/p>\n\n\n\n With a defined idea about the various types of GST, one can ensure compliant and accurate GST calculations in Tally. In order to auto-calculate GST in Tally ERP, one must be equipped with the knowledge of configuring the software properly. An understanding of the GST types will help them set up accurate tax rules\/ applicable rates.<\/p>\n\n\n\n Here are the different types of GST in India:<\/p>\n\n\n\n As identified by HSN and SAC respectively, the GST and tax rate applicable for specific goods and services remain the same across the nation. The application of the GST method shall only differ based on the interstate (IGST)\/intrastate supply (i.e. CGST + SGST).<\/p>\n\n\n\n For an accurate understanding of the GST types, know that the GST is a destination-based tax. The burden of this tax is ultimately on the consumer. The destination state will be receiving the applicable GST amount. By the \u2018destination state\u2019, the state is referred to, where the goods are consumed. It does not refer to the state where the goods originate from or where they were manufactured.<\/a><\/p>\n\n\n\n Here are the simple steps you can follow to create a company in Tally:<\/p>\n\n\n\n Step 1<\/strong>: Go to \u2018Gateway of Tally\u2019. Click on Alt + F3 l. Proceed to select \u2018Create Company\u2019 from the Company Info.<\/p>\n\n\n\n Step 2<\/strong>: Provide your basic information including your mailing name, legal name, currency symbol<\/a> and the company address, among other required details.<\/p>\n\n\n\n Step 3<\/strong>: Under \u2018maintain field\u2019, choose \u2018Accounts Only\u2019\/ \u2018Accounts with Inventory\u2019, as per the requirements of your company.<\/p>\n\n\n\n Step 4<\/strong>: On the Financial Year section, the current FY’s first day will be displayed by default. This can be altered as per the requirement of your company.<\/p>\n\n\n\n Step 5<\/strong>: If prompted, enter your Tally Vault Password.<\/p>\n\n\n\n Step 6<\/strong>: Click on Y\/Enter in order to accept and save the progress.<\/p>\n\n\n\n Here is a step-by-step guide on enabling the GST features in Tally:<\/p>\n\n\n\n Step 1<\/strong>: Go to the \u2018Gateway of Tally\u2019 section. Next, choose F11: Features; and then, F3: Statutory & Taxation.<\/p>\n\n\n\n Step 2<\/strong>: Find the following options on the screen:<\/p>\n\n\n\n Step 3<\/strong>: After selecting your options, another screen will be displayed. Here, you will be able to set the GST details of the company including the state name in which the business is registered, the GSTIN number, registration type, among other details.<\/p>\n\n\n\n Step 4<\/strong>: Click on \u2018Y\u2019\/\u2018Enter\u2019 to accept and save the progress.<\/p>\n\n\n\n In order to use the Tally.ERP 9 for GST compliance purposes, you will be required to activate the GST feature. After activating it by following the above-mentioned steps, the GST features will be available for access in ledgers, transactions and stock items<\/a>. Further, GST returns can be generated in the future.<\/p>\n\n\n\nWhat Are the Different Types of GST?<\/strong><\/h2>\n\n\n\n

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How to Create a Company in Tally?<\/strong><\/h2>\n\n\n\n

How to Enable GST Features in Tally?<\/strong><\/h2>\n\n\n\n
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How To Calculate GST On Rate Slab By Considering The Value Of Apportioned Additional Ledger?<\/strong><\/h2>\n\n\n\n