Here are the steps for Cash Advance Payment Transaction. To learn more, you can also watch this RADIX Online tutorial video:



For Cash Advance Payment Transaction in Radix, follow the steps below:


    1. After logging in to the Company Main menu, go to Transactions > Cash > Payments > Single.
    2. 'Choose a day-book' form will open. List of day-books will be displayed, select the day-book in which you want to do cash payment advance transaction and click on OK button or press Enter.
    3. In case of a new day-book, click on New button and Create Daybooks.
    4. Entry form will open for the selected Cash day-book. Enter all the details such as:
      • Document # - Enter the voucher number here.
      • Date - Enter the transaction date here.
      • Account - Press F4 button, accounts list will be displayed. Select the desired account from here or type the account name directly. In case of a new account, click on New button and Create Account.
      • Particulars - Add entry related information, if any.
      • Amount - Enter the cash payment amount.                

(Note: You can enter the fields you want and leave rest of the fields blank and proceed.)

    1. In GST Entry Type, select Advance option from the list of options displayed.
    2. After selecting Advance, enter other details such as:
      • Commodity (HSN) - Press F4 button and select the HSN/SAC from the list displayed or type the HSN/SAC directly. In case of new HSN/SAC, click on New button and Create HSN/SAC.
      • Reverse Charge? - Tick this option, if buyer is going to pay the tax, otherwise untick the check-box and proceed.
      • State of Supply - This field will be filled automatically on selecting the account. However, if you want, you can change it.
    1. Once all the required details are entered, Tax will be calculated automatically, click on Save button. Your Cash Payment Advance Transaction will be saved.
    2. New button will be activated. Click on New button and start with step 4 for new transaction .




Related Topics:

1. Cash Advance Refund

2. Cash Payment

3. Cash Advance Receipt

4. Cash Receipt


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