Advance Payment

Here are the steps for Bank Advance Payment entry. To learn more, you can also watch this RELY Online tutorial video:

Bank Advance Payment

For Bank Advance Payment entry in Rely, first select the desired company.

1. Go to Transaction > Bank Book > Payment and press Enter key.

2. Select the day-book in which you want to make Bank Payment entry.

In case, if any daybook is not found, Rely will prompt, 'Daybook not found! Would you like to create new daybook', here select Yes option and press Enter key. You will be redirected to Create Daybook form.

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

Date - Enter the bank advance payment date here.

Voucher Number - Enter the voucher number here.

Cheque Number - Enter the cheque number here, as displayed on the cheque.

Account Code - Press Enter key, list of accounts will be displayed. Select the desired account from here.

Payments - Enter the payment amount here.

4. Press Enter key.

5. In Payment Type, select Advance and press Enter key.

6. In GST Information section, enter details such as:

Type of Supply - Enter G for Goods and S for Services.

HSN/SAC Code - Press Page Down key here to select HSN/SAC Code.

Attracts Reverse Charge - Enter Y here, if buyer has to pay tax, otherwise enter N.

State of Supply - Press Page Down key here to select State Code.

7. In ‘Confirm?’ select Yes option and press Enter key. Your Bank Advance Payment entry will be done.

8. Press ESC key for Voucher Printing and then press Enter key.

9. Again press ESC key and select Print option to print the voucher.