ERPNext Installation, Implementation and Support

 ERP systems integrate all business the executives capacities including arranging, stock/materials the board, designing, request handling, assembling, bookkeeping and money, HR and so forth The greatest benefit of an ERP framework dependent on its ongoing capacities and the capacity to see what is new with the association as it occurs.  Establishment of an ERP system has many benefits. The benefits might be both immediate and backhanded. The immediate benefits incorporate proficiency improvement, coordination of data, quicker reaction time to client inquiries, and so forth Illustration of circuitous advantages incorporate better corporate picture, further developed client altruism, consumer loyalty, etc. A portion of the advantages are as per the following :  Incorporating and sharing of data across various offices.  Lessening repetitive information section and cycles.  Assurance for the security of association information.  Better correspondence across different divisions.  Further de

 

 

POS Invoice Format                                 

  If a person expects that his total income in a financial year will be below the exemption limit, he can ask the payer not to deduct TDS by submitting Form 15G/15H. While receiving payment which is subject to TDS, the deductee is required to provide his PAN details to avoid tax deduction at the higher rates. What is TDS? TDS stands for tax deducted at source. The payer of income deducts the tax from the gross payment due and pays the net amount (i.e. net of tax). Is TDS deducted at the same rate from all types of income that is subject to TDS? No, TDS is not deducted at the same rate from all incomes which are subject to TDS. There are different TDS rates for different types of incomes. Who are deductors and deductees? A deductor is a person responsible for deducting tax. The person who receives the payment after the deduction of tax is called the deductee. How can I check if TDS is deposited with the government? Once the TDS is deposited with the government by the deductor, then the

# Accounting entries for Outward Supplies Sr Transaction Accounting Entry Debit Credit 1 Outward supplies (sales within the state – B2B) Debtors A/c Dr       Outward Supplies – B2B (within the state) Output Tax Liability – CGST A/c Output Tax Liability – SGST A/c   Cr 2 Outward supplies (sales outside the state – B2B) Debtors A/c Dr       Outward Supplies – B2B (within the state) Output Tax Liability – IGST A/c      Cr 3 Outward supplies (sales within the state – B2C) Debtors A/c Dr       Outward Supplies – B2C (within the state) Output Tax Liability – CGST A/c Output Tax Liability – SGST A/c   Cr