Home Tally Prime Process 1: Advance Payment to registered person for RCM Goods Entry

Process 1: Advance Payment to registered person for RCM Goods Entry

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Process 1: Advance Payment
to registered person
for RCM Goods Entry

Step: GOT > Voucher > F5 > Ctrl+H > Double Entry > Alt+J (Stat Adjustment)

Ø  After Pressing “Alt+J” select “Advance payment under reverse
charge” like this




























screenshot:

Ø  Press Enter to return in Payment voucher:

Ø  Pass Entry for advance Payment
like,

·        
Cr Select registered supplier Ledger like I select “Sujit Pandey
(Reg.)

Ø 




After selection of supplier ledger a new screen appear for
filling advance Payment details, like following screenshot:

Ø
Fill details about Advance
Payment like,

·        
Particular – Select Name of item (Goods)
or services which is covered under RCM against
advance Payment. By default Name of Item is display, if you want to
select service then Press “Alt+L”
and select services. Like I
select item “Silk Yarn”.

 

Note: You can also
select service for advance payment by same way like Name of item.

·        
Advance Amount – Type advance amount
paid to registered supplier with inclusive of GST taxes. Like I type “20000”

Ø After filling advance amount, tax rate will Auto calculated on
advance amount which was set in time
of create Stock Item.

Ø After filling all details in advance payment screen, Screen of
advance Payment details shown like that
following screenshot:







Ø  After filling advance payment details Press Enter
then select Type of Ref as
“Advance”






from list. Like this
screenshot:

Ø  Press Ctrl+A to return on Payment voucher screen

·        
Dr Select mode of payment
cash or bank.
Like I select “Cash”.

Ø 



After filling of all above details in Payment
voucher screen will be shown like
that following screenshot:



Ø  Press Ctrl+A to save
Payment voucher screen

 

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