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chinmayvaidya7
Sep 26, 2019 11:20 PM UTC
Question

Hello. i am a hotelier and I receive bookings fro Goibibo etc.How do I show commission charges, GST on Commission charges and TCS?In addition, How do I Settle payment

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2 replies

svaishnavi
Sep 26, 2019 11:20 PM UTC

Hi Chinmay,

Welcome to QuickBooks Community!

Since you are the one paying the commission, you can record it as an expense. Choose the right GST rate amount and apply it. It will calculate the tax accordingly.

TCS is not supported by QuickBooks.

Hope this helps!

Jayendra-Gaonkar
Sep 26, 2019 11:20 PM UTC
I believe the TCS is deduced by the recipient while making the payment to the supplier and need not to be shown on GST invoice <a rel="nofollow" target="_blank" href="https://questions.gstindianews.info/top-faq-on-tcs-in-goods-and-service-tax/">https://questions.gstindianews.info/top-faq-on-tcs-in-goods-and-service-tax/</a>
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