GST Invoice & Return — Hands-on Lab

Step-by-step Lab (60–90 mins)

1. 1

   Set GST & Tax Ledgers

   Enable GST in company settings. Create tax ledgers: CGST 9%, SGST 9%, IGST 18% and map them to tax rates.

2. 2

   Create Customer & Supplier Masters

   Create party ledgers with valid GSTINs and state codes. Mark B2B customers as registered taxpayers.

3. 3

   Raise Invoices

   Create 3 invoices using the sample data. Ensure HSN/SAC, place of supply and tax break-up are correct. For export mark the supply type as "Export" and include shipping details.

4. 4

   Post Sales & Purchase Vouchers

   Record the sales vouchers and corresponding purchase (if any). Apply payments or receipts as per sample. Tag vouchers with invoice numbers for tracing.

5. 5

   Generate GSTR-1

   Go to Returns → GSTR‑1 → Select period → Export/Preview outward supplies. Download CSV or JSON per portal format.

6. 6

   Prepare GSTR-3B Summary

   Summarize total taxable supplies, exempt supplies, integrated tax, and net liability for the period. Use software summary to fill GSTR‑3B fields.

7. 7

   Reconcile Outward Supplies

   Compare GSTR‑1 export with your sales register. Flag mismatches by invoice number (e.g., wrong GSTIN, amount variance). Prepare reconciliation notes and correct entries where required.

Practice Tasks & Templates

1. Create the 3 sample invoices and export bills while capturing HSN/SAC codes.
2. Post sales vouchers and generate a sales register for the month.
3. Export GSTR‑1 (CSV) and prepare GSTR‑3B summary values.
4. Reconcile GSTR‑1 with sales register — create a short reconciliation report.

Downloadable templates

Quick Quiz