Create Account

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

To create an Account in Radix, follow the steps below:

1. After logging in to the Company Main menu, go to Masters > Accounts > Accounts OR press Ctrl+1 shortcut key OR click on 1 Accounts button.

2. Account entry form will open. Enter details such as:

Name/ GSTIN - Enter the name of the account you want to create or you can also enter the account's 15 character GSTIN and then press Enter key.

All the account details will be fetched automatically by the software. You can then modify the account details in the General Tab.

Code - This field will be auto-generated. However, if you want you can change it.
G L Group - Press F4 button and select the general ledger group for your account from the list of options displayed.
Name - Enter the name of the account you want to create here.
Party Group - Enter the Party Group for the account here.
Short Name - Enter the short name for the account here.
Alias Name - Enter the alias name used to represent the account here.
Print Name - Enter the name related to the account that you will like to be printed on the reports here.
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 .

Area - Press F4 button, select the area from the list of options displayed.
Referred By - Press F4 button, the name of the person who referred the customer/supplier from the list of options displayed.
Transport - Press F4 button, select the transport from the list of options displayed.
Screen Series - Press F4 button, select the screen series from the list of options displayed.
Address - Enter the complete address of your account here.
PIN - Enter the pin-code of your account here.
City - Enter the city of your account here.
State - Enter the state of your account here.
Country - Enter the country of your account here.
Off Phone - Enter the office phone number for the account here.
Res Phone - Enter the residential phone number for the account here.
Fac Phone - Enter the factory phone number for the account here.
Fax - Enter the fax number if available for the account here.
Pager - Enter the pager number if available for the account here.
Mobile - Enter the mobile number of your account here.
E-Mail - Enter the email ID of your account here.
Contact - Enter the contact person details for the account here.
Web URL - Enter the Website URL for the account here.

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

Go to Tab 2. Tax / Transaction. Enter details such as:

Income Tax Pan - Enter the income tax pan for the account here.

Income Tax Ward No - Enter the income tax ward no for the account here.

TAN No - Enter the TAN No for the account here.

Aadhar No - Enter the Aadhar No for the account here.

Interest Rate - Enter the interest rate decided upon for this account here.

TDS on Expenses - Tick here to exclude TDS on expenses.

Apply TDS on Goods? - Tick here to apply TDS on goods.

TDS on Goods Rate - Enter rate of TDS on Goods for the account here.

No TDS (Expense) - Tick here if you don't want TDS on expense for the account here.

Do no Deduct 25% - Tick here to not deduct 25% for the account here.

TDS Limit - Enter the TDS limit for the account here.

TDS Rate - Enter the TDS for the account here.

Nature of Payment - Enter the nature of payment for this account here.

TDS Account - Enter the TDS Account for this account here.

TCS Applicable - Tick here to apply TCS for this account here.

TCS Rate - Enter the TCS Rate for his account here.

Prev Year Txn Amt - Enter the previous year taxation amount for this account here.

Credit Limit Type - Enter the type of credit limit for this account here.

Credit Limit - Enter the credit limit for this account here.

Credit Limit Days - Enter the number of credit limit days allowed for this account here.

Credit Limit Action - Enter the action to be taken in case of credit limit violations for this account here.

Go to 3. Others Tab. Enter other details such as:

Ledger Folio No - Enter the ledger folio no for this account here.

Print Order - Record the print order number here.

Status - Tick here if this account is active.

Is Blacklisted - Tick here if the account is blacklisted?

No of Copies - Enter the no of copies you want of this account's report.

Notes - Press the F4 button to enter the notes you want to record for this account here.

Notes 1 - Press the F4 button to enter the notes you want to record for this account here.

Color - Press the F4 button to select the color you want for this account.

Bank - Press the F4 button to select the bank for this account.

Bank Branch - Enter the branch of the bank for this account.

Bank A/c No - Enter the bank account no for this account.

Bank IFSC No - Enter the IFSC no for this bank account.

Default Due Days - Enter the number of due days for this account.

Principal Amount - Enter the principal amount for the asset here.

Original Value - Enter the original value of the asset here.

Purchase Date - Enter the purchase date of the asset here.

Depreciation % - Enter the depreciation rate for the asset here.

P L Share % - Enter the PL % share for the asset here.

Print from Party Browse - Tick to print from the party browse for the account here.

Payment Term - Press F4 and select the payment terms for the account here.

Brokerage Type - Select the type of brokerage from the pull down list.

Disc. for Sale/Prch (%) - Enter the discount % for sales or purchases from this account here.

Tax - Press F4 to open the list of taxes to apply for this particular account. Once you select the tax type, it will be made applicable for all the necessary transactions with this account.

Percentage (%) -

Tax Account - Press F4 to select the account to apply taxes to, here.

Tax (%) - Enter the percentage for tax here.

Round Off - Tick here if you want to round off the taxes amount here.

Default Invoice Bill Terms - Press F4 to enter the invoice bill terms for this account here.

3. Go to 4 GST. Enter other details such as:

GSTIN - Enter your account's 15 characters GST number.
GSTIN Date - Enter account's GST registration date.
State - This field will be automatically filled on entering GST number.
Type of Assessee - Select the type of assessee for your account from the list of options displayed.

If your account belongs to Composition scheme, then select Composite option.
If your account belongs to E-commerce Portal, then select E-commerce option.
If your account belongs to ISD (Input Service Distributor), then select ISD option.
If your account belongs to UIN (Unique Identification Number), then select UIN Holder option.
If it does not belong to any of these, then select Regular option.

Export Type - If your account is located in Special Economic Zone (SEZ), then select that option, otherwise choose from none or deemed export.
MSME/Udyam No. - Enter the party's 19 character MSME/Udyam Number here.
MSME/Udyam Type - Select the appropriate MSME/Udyam type from the list.
Type Of Activity - Select the appropriate MSME/Udyam's Type of Activity. (Manufacturing / Services / Trading / Other)
Distance (km) - Enter the distance between supplier's place to customer's place where goods are to be delivered.

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

4. Once all the details have been entered, click on Save button. Your account will be created.

5. If you have more than one address; you can click the More Addresses button and add your additional addresses.

5. New button will be activated. To create another account, click on New button and start again with steps mentioned above.