Earlier while posting Journal Sale/Purchase, there was no provision for Place of Supply.If Different Place of Supply is selected then GST taxes will be implemented on the basis of Place of Supply. This will also impact GSTR returns.
A new Option "Cash /Bank Requisition" is launched in Logic ERP .The Cash /Bank Payment requisition voucher is a request for the Approval of Cash /bank payment entry .
A new option Cancel Journal voucher is added in Account Vouchers. This will allow you to cancel the previously entered Journal Entries .
Logic ERP has added a new option in Cash receipts and Bank receipts that will enable you to pass a TDS Receivable account entry.
Users can now define the amount on which TDS will be applied, as per their requirement. Apart from this, one TDS type can be linked with another. This tutorial will brief you about the new columns that have been added in Setup TDS types in Logic ERP. 1.TDS under GST Step-1: Go to the Setup TDS […]