How to create Tax Group | GST@1 | GST@0.25 | CGST+SGST

Created by Book Keeper Team, Modified on Tue, 22 Jul at 12:13 PM by Book Keeper Team

Suppose you want to create new tax group: GST@1%
Which composed of two components:
 CGST@0.5% and SGST@0.5%

Let's see, how to create this?

1. You need to first create two tax accounts: CGST@0.5% and SGST@0.5%

To create tax accounts, you need to go to All Accounts > Create New Tax account. Make sure to type percentage as 0.5%

 

    

 

2. Now you can create Tax Group,
    Group name:
 GST@1% and select 2 components: CGST@0.5% and SGST@0.5%

    and click on F12: Add Tax Group.

 

 

Here's video tutorial for your reference: https://www.youtube.com/watch?v=8K16S0wF2h4

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