Why does my GST summary show sales and purchases as separate blocks?
The rate-wise GST summary in Smart Books lists Outward and Inward supplies separately. Are totals missing?
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Aicountly Smart Books Guide
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Nothing is missing. In Aicountly Smart Books, the Rate-wise summary (in the GST section, under Summaries) is made of two blocks: Outward supplies (your sales) and Inward supplies (your purchases). Each block lists its figures by tax rate and states its own totals.
They are kept apart because sales and purchases are different things: tax charged on sales is your liability, while tax paid on purchases is input credit. Adding them together would not give a meaningful figure. To see the vouchers behind either block, open it to drill into the Outward or Inward register.
Aicountly Smart Books Guide · 1h ago
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