How to Record TCS deducted by the Flipkart in Tally?

Tax Collected at Source (TCS) under GST means the tax collected by an e-commerce operator from the consideration received by it on behalf of the supplier of goods, or services who makes supplies through operator’s online platform. TCS will be charged as a percentage on the net taxable supplies. Flipkart Tax Report contains the Invoice wise breakup of TCS deducted on each orders. In order to account the same in Tally, you will have to Debit the TCS Ledger and Credit the Flipkart Ledger. To account TCS entries in bulk on all...

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How to import Flipkart Sales & Returns data to Tally?

Use eCom2Tally.in to import Flipkart Tax Report data accurately in Tally. It will import all the Accounting, Inventory & GST related data accurately to help you to generate GSTR1 & GSTR 3B from Tally timely and accurately. To import Flipkart Tax Report data to Tally follow the below steps;   Login to your Flipkart seller account Go to Reports > Report Center > Types of Reports > Tax Reports Click on Sales Report > Specify Period > Generate Your Flipkart Sales & returns data will be downloaded in excel file Now...

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How to import Flipkart Settlement & Commission data to Tally?

Use eCom2Tally.in to import Flipkart Settlement and Commission data to Tally.ERP9 accurately. Settlement & commission data will be knocked off against the sales invoices using Flipkart Order ID, so you will be able to get the list of cleared and pending orders within Tally under Flipkart ledger summary. To import Flipkart Settlement & Commission data to Tally follow the below steps;   Login to your flipkart seller central account Go to Payment > Previous Payment > Select Period Click on the list of NEFT ID displayed to begin the data...

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