Return with GST

Here are the steps for Sales Return GST transaction. To learn more, you can also watch this RADIX Online tutorial video:

Sales Return GST Transaction

To create a Sales Return GST transaction in Radix, first select the desired company.

1. Go to Transactions > Sales > Return.

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 Sales Return GST 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 day-book. Enter all the details such as:

Document # - Enter the voucher number here.

Date - Enter the date of the Sales Return transaction here.

Account - Press F4 button, list of accounts will be displayed. Select the desired account from here or type the account name directly.

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

Broker - Press F4 button, list of brokers will be displayed. Select the broker from here or type the broker name directly.

In case of a new broker, click on New button and Create Broker.

Reason for Return - Select a reason for sales return from the list of options displayed.

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

4. On selecting account, all the account related GST details will be filled automatically. However, if you want you can change them manually.

State of Supplier - To change state code, press F4 button and select from the list of options displayed.

Invoice Type - Select the invoice type from the list of options displayed.

Invoice Sub Type - Select the invoice sub type from the list of options displayed.

Assesse Type - Select the type of assesse from the list of options displayed.

Type of Supply - Here, if you are receiving goods, then select Goods option, otherwise for Services, select Services option from the list displayed.

AV Calculation Method - Press F4 button and select GST on Net Amount option from the list of options displayed.

In case of a new AV Calculation Method, click on New button and Create AV Calculation Method.

Attracts Reverse Charges? - Tick this option, if buyer is going to pay the tax, otherwise untick the check-box and proceed.

5. In item entry section, enter details such as:

Item - Press F4 button, list of items will be displayed. Select the item you want to return or type the item name directly.

In case of a new item, click on New button and Create Item.

Rate Per - Select the option on which you want to calculate the rate, from the list displayed.

PCS/CUT/MTS - Enter the quantity in the field you want.

Rate - Enter the rate of the item here.

Amount - Amount will be calculated directly as per Rate Per field. (Amount = PCS/CUT/MTS * Rate)

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

6. You can also add other details such as:

Discount - Enter the discount percentage, discount amount will be directly deducted from amount or enter the discount amount.

Freight Charges - Enter the freight charges here, if any.

Notes - You can enter any account related information here.

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

7. Net amount and GST amount will be calculated. Click on Save button. Outstanding adjustments form will open.

8. Here, you can adjust your sales return GST transaction entry against its related sales bill.

9. Select the sales bill and press Enter key.

10. Your entry will get adjusted and will be displayed in the list of adjusted documents.

11. Click on Close button. Your Sales Return GST transaction will be saved.

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