Applicable to Release 3.0 and later.

This video demonstrates the process of setting up masters and recording vouchers for RCM supply.

If your business involves purchase of RCM goods or services, then you need to pay GST for the purchases.

TallyPrime enables you to set up masters in such a way that the GST Amount gets calculated during purchase voucher creation.

00:00 - Title and Introduction
01:07 - Setting Up Stock Item or Service Ledger for Reverse Charge Mechanism
03:23 - Recording Vouchers for Purchase of RCM Goods
05:41 - Raising the Tax Liability Against RCM Purchases Using Journal Voucher
08:32 - Recording Debit Note for Purchase Returns of RCM Goods or Services
11:00 - Recording Purchase Voucher for Import of Services Under Reverse Charge

Start your free trial: http://bit.ly/3EM4Drl

Have a question?
Refer to:
https://help.tallysolutions.com/
Write/Chat/Call us:
https://tallysolutions.com/support/

Connect with us on:

Facebook :   / tallysolutions  
Twitter :   / tallysolutions  
LinkedIn :   / tallysolutions  
Website : https://tallysolutions.com/