As a small or medium business owner, one of your key responsibilities is filing your GST returns accurately and on time. GSTR-1 is one of the most important GST returns as it contains details of all outward supplies made by the taxpayer during a given period. In this article, we will guide you on how to file GSTR-1 from Tally ERP 9 Release 6.
The first step in filing your GSTR-1 from Tally ERP 9 Release 6 is to enable GST. To do this, follow these simple steps:
1. Go to Gateway of Tally and press F11.
2. Select Statutory and Taxation.
3. Select GST and set Enable Goods and Services Tax (GST) to Yes.
4. Save the changes.
The next step is to create a company in Tally ERP 9 Release 6. Follow these steps:
1. Go to Gateway of Tally and press Alt+F3.
2. Select Create Company.
3. Enter the required details such as company name, address, and GSTIN.
4. Save the changes.
The next step is to configure your GST details in Tally ERP 9 Release 6. Follow these steps:
1. Go to Gateway of Tally and click on GST.
2. Select Set up GST.
3. Enter the required details such as your GSTIN, taxpayer type, and tax rates.
4. Save the changes.
The next step is to create masters in Tally ERP 9 Release 6. This includes creating masters for your customers, suppliers, and products/services. Follow these steps:
1. Go to Gateway of Tally and click on Masters.
2. Select Create and choose the appropriate master such as Accounts Info for customers and suppliers or Inventory Info for products/services.
3. Enter the required details such as name, address, and GSTIN.
4. Save the changes.
The next step is to enter transactions in Tally ERP 9 Release 6. This includes creating sales invoices and purchase invoices. Follow these steps:
1. Go to Gateway of Tally and click on Accounting Vouchers.
2. Select the appropriate voucher type such as Sales or Purchase.
3. Enter the required details such as customer/supplier name, product/service details, and tax rates.
4. Save the changes.
The final step is to generate the GSTR-1 report in Tally ERP 9 Release 6. Follow these steps:
1. Go to Gateway of Tally and click on GST Returns.
2. Select GSTR-1 and choose the appropriate return period.
3. Verify the details and make any necessary changes.
4. Click on Generate to generate the GSTR-1 report.
5. Review the report and make any necessary corrections.
6. Click on File Return to file your GSTR-1 return.
With these six easy steps, you can easily file your GSTR-1 from Tally ERP 9 Release 6. By following these steps, you can ensure accurate and timely filing of your GST returns, which is critical for the smooth running of your business.
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