Here are the steps for Bank Advance Receipt Transaction. To learn more, you can also watch this RADIX Online tutorial video:



For Bank Advance Receipt Transaction in Radix,


    1. After logging in to the Company Main menu, Go to Transactions > Bank > Receipts > Single.
    2. 'Choose a daybook' form will open. List of day-books will be displayed, select the daybook in which you want to do bank advance receipt transaction and click on OK button or press Enter key.

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

    1. Entry form will open for the selected Bank daybook. Enter all the details such as:
      • Document # - Enter the voucher number here.
      • Date - Enter the transaction date as written in the cheque.
      • Account - Press F4 button, accounts list 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.

      • Bank - Enter the name of the customer's bank.
      • Bank Branch - Enter name of the customer's bank branch.
      • 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 receipt amount as written in the Cheque.

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

    1. In GST Entry Type, select Advance option from the list of options displayed.
    2. After selecting Advance, enter other details such as:
      • HSN/SAC - Press F4 button and select the HSN/SAC from the list displayed or type the HSN/SAC directly.

In case of new HSN/SAC, click on New button and Create HSN/SAC.

      • Reverse Charge? - Tick this option, if buyer is going to pay the tax, otherwise untick the check box and proceed.
      • State of Supplier - This field will be filled automatically on selecting the account. However, if you want, you can change it.
    1. Once all the required details are entered, Tax will be calculated automatically, click on Save button. Your Bank Advance Receipt Transaction will be saved.
    2. New button will be activated. Click on New button and start with the steps mentioned above for new transaction.



Related Topics:

1. Bank Receipt

2. Bank Advance Payment

3. Bank Advance Refund

4. Bank Payment


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