Transport Charges Attract Reverse Charge Bill Entry

Here are the steps to do Transport Charges Attract Reverse Charge Bill Entry. To learn more, you can also watch this RELY Online tutorial video:

To do Transport Charges Attract Reverse Charge Bill Entry in Rely,

1. First, create a Service code, go to Master > Others > HSN/SAC and press Enter key.

2. HSN/SAC master entry form will open. Enter details here such as:

Type of Supply - Select Service here and press Enter key.

Code - Enter SAC code here.

Tax Group - Press Enter key and select the tax group from the list displayed.

Applied Date - Enter the applied date here.

Attracts Reverse Charge - Enter Y here and press Enter key.

3. In 'Do you Confirm?', select Yes option and press Enter key. Your SAC code will get created.

Next, 1. Go to Master > Item > Add/Edit and press Enter key.

2. Item entry form will open. In Item Name, press Enter key and select Transportation Charges item (for example), from the list of items displayed.

3. Press Enter key and in SAC Code, enter the SAC code created above.

4. Press Enter key and save the changes.

Next, 1. Go to Transaction > Purchase > Purchase Expenses and press Enter key.

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

Invoice Date - Enter the date of the invoice here.

Invoice Number - Enter the invoice number here.

Account Code - Press Enter key and select the desired account from the list of accounts displayed.

3. In GST information section, enter details such as:

Type of Supply - Enter S here for Services.

Attracts Reverse Charges? - Enter Y here.

4. When Rely prompts 'Do you Confirm?', select Yes option and press Enter key.

5. In Item entry section, select details such as:

Item - Press Enter key and select the Transportation Charges item from the list of items displayed.

Amount - Enter the invoice amount here.

6. Fill in all the other details and then in GST Details section, you can view the Eligible Amount. Here, press Left Arrow key or ESC to save the invoice.

7. When Rely prompts 'Do you Confirm?', select Yes option and press Enter key. Your Purchase Invoice will get saved.