How to see recovery and interim recovery accounting?
Hello Team,
We are newly implementing GST taxation where we have created invoice with tax and below accounting happened
Item                                                          DR
Miscellaneous Expense (Interim-SGST)Â Â DR
Miscellaneous Expense (Interim-CGST)Â Â DR
Liability(SGST,CGST and ITEM)Â Â Â Â Â Â Â Â Â Â Â Â Â Â CR
But here interim account came in DR side not recovery account so can you please let us know on what time recovery account will come?
Thanks,