GST Calculator
| Type Of Sale | Rate OF Tax (%) | Taxable Amount | Total Tax Amount | IGST | CGST | SGST | Rate of Cess (%) | CESS |
|---|---|---|---|---|---|---|---|---|
Total Amount: 0.00
Total Tax: 0.00
Total IGST: 0.00
Total CGST: 0.00
Total SGST: 0.00
Total CESS: 0.00
Frequently Asked Questions
Bookkeeping focuses on recording financial data, while accounting involves analyzing, interpreting, and reporting that data for decision-making.
It helps track income and expenses, ensures legal compliance, and provides the data needed for accurate financial reporting and tax preparation.
Cash-based accounting records transactions when money changes hands, while accrual-based accounting records them when they are incurred or earned, regardless of payment.
It’s a method where every financial transaction affects at least two accounts, ensuring accuracy and balance in financial records.
Documents like bank statements, receipts, invoices, and expense reports are typically required.