Tax-Ledger
Your GST-style running tax position.
What is the Tax-Ledger screen?
Tax-Ledger is a GST-style running ledger: GST collected on sales, Input Tax Credit (ITC) claimed on purchases, net tax liability, and separate Electronic Cash / Credit / Liability ledgers, plus return-filing status (GSTR-1/3B/9) and GSTR-2B reconciliation.
Why does this matter?
This is where the individual tax rules from Tax Engine add up into an actual position — what you owe, what credit you can claim, and what's still pending for a filing period.
When would I use this?
- Preparing for a GST return filing
- Checking your current Input Tax Credit balance
- Reconciling against a GSTR-2B statement
Before you start
You need access to the Tax-Ledger screen under Finance → Inex. Configuring your GST details in the InEx admin area is a prerequisite for this ledger to populate correctly.
Reading the stats
| Item | Meaning |
|---|---|
| GST Collected (Sales) | Output GST collected on sales this period. |
| ITC Claimed | Input Tax Credit claimed on purchases. |
| Net Tax Liability | GST Collected minus ITC Claimed. |
| Taxable Turnover | Turnover subject to tax this period. |
| Owed to Govt | Output liability plus any TDS payable. |
| Claimable Credit | Input credit plus TDS receivable. |
How to use this screen
- Pick a period
Use the period selector at the top to choose the financial year/quarter you want to review.
- Filter the ledger entries
Use the Sales / Purchases / Expenses / RCM filter chips (or More Filters) to narrow the entries table.
- Take an action
Use Download Ledger, Reconcile ITC, Pay Tax Now, or File Return as needed.
The tax ledger entries table
Each row shows the Date, Tax rule applied, Tax Type, Subtype, Obligation, Taxable amount, Tax Amount, Rate, Period, Status, and Reference.
Example
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