GSTR-1 and GSTR-3B 0:49
Prepare the month's returns from the books, and record the payment.
Transcript
Hi, I'm Zuzu. Let's prepare a client's monthly GST returns, straight from the books.
In GST, open GSTR-1. Choose the company, GSTIN and month, and click Generate. B2B, B2C, credit notes and the HSN summary are filled from the sales invoices, ready to upload.
GSTR-3B details shows, section by section, the figures that go into 3B, such as eligible input credit, invoice by invoice.
When you file, output tax is set off against input credit, and the balance paid by challan is recorded as a journal entry with the challan reference.
That's it! Need a hand? Visit zenoziva.com
