Vendor advance payments where there are reverse charges

1. Go to Accounts payable > Payments > Vendor Payment journal.
2. Create a record.
3. In the Name field, select a value.
4. Select Lines.
5. Create a vendor advance payment journal, and then save the record.
6. Select Tax information.
7. On the GST FastTab, in the HSN code field, select a value.
8. Select the Vendor tax information FastTab.
9. Select OK.

Validate the tax details

1. On the Action Pane, on the Purchase tab, in the Tax group, select Tax document.

   What you see should resemble the following example:

   • CGST: 10 percent
   • SGST: 10 percent
   • CESS: 1 percent
   • Reverse charge percentage: 70 percent for all the three components

2. Select Close.

3. Select Post > Post.

4. Close the message that you receive.

Update the transaction ID

1. Select Functions > GST transaction ID.
2. In the Date field, enter a value.
3. In the Text field, enter a value.
4. Select Close.

Validate the financial entries

To validate the financial entries, select Inquiries > Voucher.