Does ERPNext automatically calculate sales tax payable, based on your input and output tax, which gets applied at the time of entering sales and purchase invoice. I am able to view both values in GSTR -1 and GSTR -2 . But I want to know if there is a separate account head which automatically nets your output and input tax to show sales tax payable amount. Ideally the account should come in the liabilites side (Output tax- Input tax).
I have framed my GST ledgers in this format. Helping me to understand total gst collected from sales under various rates. But my input tax from purchases do not get netted out in this scenario