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



For Cash Advance Receipt Transaction in Radix, follow the step below:


    1. After logging in to the Company Main menu, go to Transactions > Cash > Receipts > Single.
    2. 'Choose a daybook' form will open. List of daybooks will be displayed, select the daybook in which you want to do cash advance receipt transaction and click on OK button or press the Enter key.

In case of a new daybook, click on New button and Create Daybooks.

    1. Entry form will open for the selected Cash daybook. 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.
      • Received By / Sub Ledger - Press F4 and select the sub-ledger or person from whom cash is received, if applicable. (Optional)
      • Particulars - Add entry related information, if any.
      • Amount - Enter the cash receipt 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:
      • Reverse Charge? - Tick this option, if buyer is going to pay the tax, otherwise untick the check-box and proceed.
      • Sub Txn Type - Select whether this advance receipt is intra-state or inter-state (State-Intra / State-Inter).
      • HSN/ SAC - 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.
      • State of Supply - This field will be filled automatically on selecting the account. However, if you want, you can change it.
      • Inclusive Tax? - Tick if the advance amount entered is tax-inclusive. Untick if the advance is entered before tax.
    1. Once all the required details are entered, Tax will be calculated automatically, click on Save button. Your Cash Advance Receipt Transaction will be saved.
    2. New button will be activated. Click on New button and start with the steps mentioned above for new transaction.





Related Topics:

1. Cash Receipt

2. Cash Advance Payment

3. Cash Advance Refund

4. Cash Payment


Created with the Personal Edition of HelpNDoc: Qt Help documentation made easy