GST Payment

Here are the steps to make GST Payment. To learn more, you can also watch this RADIX Online tutorial video:

GST Payment

For GST Payment transaction in Radix, first select the desired company.

1. Go to Transactions > Bank > Payments > Single.

2. 'Choose a day-book' form will open. List of day-books will be displayed. Select the day-book in which you want to do GST Payment transaction and click on OK button or press Enter.

In case of a new day-book, click on New button and Create Daybooks .

3. Entry form will open for the selected Bank day-book. Enter details such as:

Document number - Enter the voucher number here.

Date - Enter the transaction date here.

Account - Press F4 button and select GST Tax Paid Account option or type you can also type GST Tax Paid Account directly.

In case of a new account, press New button and Create Account.

Cheque No & Cheque Date - Enter the Cheque number and Cheque date as written in the cheque.

Particulars - Enter Cheque related information, if any.

Amount - Enter the GST Payment amount as written in the cheque.

You can enter the fields you want and leave rest of the fields blank and proceed.

4. In GST Entry Type, select Normal option and click on Save button.

5. 'Details of tax paid' form will open. You can enter details of tax amount paid in IGST, CGST, SGST and CESS accounts.

6. In Month, select the month for which you are paying GST amount.

7. Enter the respective tax amounts paid in these 4 accounts and click on OK button. Your GST Payment transaction will be done.

8. New button will be activated. To do another transaction, click on New button and start again with 4.

9. To see its effect, go to Zoom > Accounts and then click on Loans And Advances.