Create Daybook
Here are the steps to Create Day-book. To learn more, you can also watch this RADIX Online tutorial video:
Create Day-book
To create a Day-book in Radix, first select the desired company.
1. Go to Masters > Day-books.
2. Day-books entry form will open. Enter details such as:
Name - Enter the name of the day-book you want to create.
Type - Select the transaction type for your day-book from the list of options displayed. Suppose, you are creating Purchase Invoice for Expenses day-book, then transaction type for this day-book will be Purchase Invoice. Similarly, for Sales Return GST day-book, the transaction type will be Sales Return.
Notes - Enter day-book related information here, if any.
Auto Call Outstanding Adjustment - While saving the transaction, if you want to do outstanding adjustments as well, then tick this option, otherwise leave blank and proceed.
You can enter the fields you want and leave rest of the fields blank and proceed.
3. Go to 2 Inventory and set other details here such as
Get Transport Details - Tick this option, if you want to include all the transport details such as LR No, LR Date, Transport ID, Transport Mode, etc. in your day-book.
Get Line Item Detail - Tick this option, if you want to enter taka wise details during transaction, otherwise leave blank and proceed.
4. Go to 5 GST Details. Enter other details such as:
Is GST Applicable - Tick this option, if you want to enable GST in this day-book, otherwise leave blank and proceed.
Type of Supply - Here, if you are selling/purchasing goods, then select Goods option, for Services, select Services option and for Capital Goods, select Capital Goods option from the list displayed.
Attracts Reverse Charge? - Tick this option, if buyer is going to pay the tax, otherwise untick the check-box and proceed.
Allow Changing Invoice Type - Tick this option, if you want to change Invoice type during transaction entry, otherwise whatever Invoice type you will set here will be fixed for this day-book for all the transactions.
Assessable Value AV Calculation Method - Press F4 button and select your AV Calculation Method from the list of options displayed.
Here, if the net rate of your transaction already includes GST, then select Rate Inclusive of GST option.
If you select GST on Gross Amount option, then your GST will be calculated on Gross Amount.
If you select GST After Discount option, then GST will be calculated after deducting the discount amount.
If you select GST on Net Amount option, then GST will be calculated on the net amount of the invoice after having applied all the bill-terms.
If you select GST After Discount & Freight option, then GST will be calculated after deducting the discount amount and adding the freight charges.
If you select GST After Freight option, then GST will be calculated after adding the freight charges.
Allow Changing AV Method - Tick this option, if you want to change AV Calculation method during transaction entry, otherwise whatever AV Calculation method you will set here will be fixed for this day-book for all the transactions.
Notification - Enter any notes/information related to this entry.
GST Unique ID - Enter the GST Unique ID here.
GST Prefix - Enter the GST Prefix if you wish to retain the prefix on the invoice during printing.
You can enter the fields you want and leave rest of the fields blank and proceed.
5. Once all the details have been entered, click on Save button. Your day-book will be created.
6. New button will be activated. To create another day-book, click on New button and start again with step 3.
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