GST Advances

by Eshwar

Introduction

This post walks you through how to create GST advance vouchers in System.

GST Advance Grid :
  • From Menu, select [Sales]>>[GST Advances].
  • GST Advance grid shows the list of advances with net amount.
  • To create new GST Advance, click [Add].
Add GST Advance
  • Select Customer, Unit, Place of supply etc.
  • Select type [Received] or [Payment (Only for unregistered party)].
  • Key in date, voucher no (after creating cheque entry through voucher module) and click [Save].
GST Advance Line Add
  • Key in quantity, rate, value (if manual) etc.
  • Select date, transaction type, GST rate etc and click [Save].
Transaction Type
  • For advance received from customer
    • Received (from Party)
    • Invoiced
    • Refund paid
  • For advance payment to unregistered vendor
    • Paid
    • Billed
    • Refund Received
GST Advance View
  • Click [View] from GST Advance grid to view details.
GST Advance Voucher Print
  • To print GST Advance voucher click [Print] button in Advance Line View