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gst_contra GL
gst_contra GL
gst_contra act as a dummy account to record all the gst value which will be charge to gst_input tax and become zero.
Scenario 1: GST on Credit Card Charges (Manually)
Scenario 2: Supplier forget to charge gst.
- GST charges will record in gst_contra when no transaction document (ex: invoice) being issue.
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Private & Confidential