GST Software | Advance Given to Supplier


Make Advance Given (AG) for advance you receive for a purchase for which REVERSE CHARGE needs to be paid.

Just select required products and make voucher without any reference.

When material is received make PI (Purchase Inward) and then make RC (Reverse Charge Invoice)

Note that Reverse Charge (RC) Invoice is made against Purchase Inward (PI)

Advance Given Adjusted (GA) is made against Advance Given (AG).

While Advance Adjusted (AD) is made against Reverse Charge Invoice (RC).

It is required to give details of advances received and closed when material is received.