Margin Ledger · GST and TDS
Margin works out GSTR-1 and GSTR-3B each month, and the 26Q and 24Q TDS returns each quarter, from the invoices, bills and payroll in your books. You or your CA file them on the portal; Margin never files anything itself.
A working copy of Margin with example data. No video, no sales call.
Your GSTR-2B from the GST portal, matched with the bills in your books. Margin works out the figures; your CA files the returns on the GST portal.
| Supplier | Bill date | In your books | In GSTR-2B | Result |
|---|---|---|---|---|
| 1 Sep | ₹32,400 | ₹32,400 | Matched | |
| 1 Sep | ₹10,800 | ₹10,800 | Matched | |
| 5 Sep | ₹18,000 | ₹16,200 | Amount differs | |
| 10 Sep | ₹4,320 | ₹4,320 | Matched | |
| 18 Sep | ₹3,600 | Not filed | Missing in 2B | |
| 30 Sep | ₹27,000 | ₹27,000 | Matched | |
| 30 Sep | ₹9,000 | ₹9,000 | Matched | |
| 26 Sep | Not entered | ₹360 | Not in your books |
| Line | IGST | CGST | SGST | Total |
|---|---|---|---|---|
| Tax on salesTable 3.1 | ₹2,73,600 | ₹37,800 | ₹37,800 | ₹3,49,200 |
| Input credit claimedTable 4 | ₹37,800 | ₹30,960 | ₹30,960 | ₹99,720 |
| To pay in cashby 20 Oct | ₹2,35,800 | ₹6,840 | ₹6,840 | ₹2,49,480 |
Tax on sales comes from your 6 invoices for September (₹19,40,000 before GST). IGST credit is set off first, then CGST and SGST. Margin never files a return itself: your CA files GSTR-3B on the GST portal, and you record the filed figures here so Margin can show whether the books agree.
Example data. Nothing you do here is saved.
GSTR-1 and GSTR-3B come from the sales invoices and credit notes you issue in Margin, your bills and GSTR-2B. Your CA files on the GST portal, you record the filed figures, and Margin shows whether the books agree.
Upload the GSTR-2B file from the GST portal and Margin matches it with your bills. You see which vendors haven't filed and which bills you can't claim credit on yet. If last month's isn't in by the 16th, Margin reminds your finance team and admins.
Each bill carries its TDS section and rate, such as 194C or 194J, so TDS comes off what you pay. Record each challan with its CIN and allocate the deductions it paid; Margin shows which aren't on a challan yet. Each quarter, generate 26Q or 24Q for your CA to check and file.
No. Margin works out GSTR-1, GSTR-3B, 26Q and 24Q from your books. Your CA files them on the portal, you record the filed figures, and Margin shows whether the books agree.
Finance home shows the next one, and the statutory calendar holds them all: TDS deposit on the 7th, GSTR-1 on the 11th, PF and ESI on the 15th, GSTR-3B on the 20th, professional tax on the 28th, and advance tax each quarter.
For invoices and returns, yes. Invoice series, GST returns and GSTR-2B uploads use your company's GST numbers, one for each state you're registered in, added under Settings → Companies. Bills and expenses can be saved without one, but then claim no input tax.
Form 16, for salaries, with the Payroll or Books + Payroll plan: each person's certificate for the year, made from approved, locked payroll runs, for everyone with a PAN. Margin doesn't make Form 16A for vendors; it prepares the 26Q return file for your CA.
14 days free, no card needed. Then from ₹1,999 a month, plus GST.
