Overview of Advance Receipt Voucher Entry in Marg Books

Process to Create Advance Receipt Voucher Entry in Marg Books

OVERVIEW OF ADVANCE RECEIPT VOUCHER ENTRY IN MARG BOOKS

• An 'Advance Receipt voucher Entry' typically refers to recording the receipt of an advance payment from a customer or client in accounting software or ledger systems. In Marg Books, the user can easily create advance receipt voucher entry.

PROCESS TO CREATE ADVANCE RECEIPT VOUCHER ENTRY IN MARG BOOKS

• Firstly, click on 'Accounting Transaction > Receipt'.

• A 'Receipt Voucher List' window will appear.
• The user will click on 'Create' button.

• A 'Receipt Voucher' window will appear.
• The user will select whether to create an advance receipt voucher in a single entry or double entry.
• Suppose click on 'Double Entry'.

• The user will enter 'Date and Voucher No.' as per the requirement.

• Now, in 'Account' field, ther user will press 'Enter' key.

• A 'Ledger Master' window will appear.
• The user will select ledger whose advance receipt needs to be created.
• Suppose select 'A2Z Pharmacy and press 'Enter' key on it.

• In 'Credit' field, the user will enter the amount that has been given in advance by the selected party.
• Suppose enter 'Rs. 4000'.

• A 'Bill Adjustment' window will appear.
• In 'Reference Type' option, the user will select 'Advance'.

• The user can change the adjusted amount ( as shown in the below fig ).
• Now, click on 'Save' button.

• Now the user needs to select whether the receipt amount is being taken in cash or bank.

• Suppose select 'Cash'. Press 'Enter' key.

Note: The software picks the mode of receiving the amount i.e. cash/bank automatically according to the last transaction. However, if the user needs to change it then the user needs to press 'Spacebar' key on the selected ledger. 

• In 'Narration' field, the user can enter the narration as per the requirement.

• Then, click on 'Save' button.

After following the above steps, the user can easily create Advance Receipt Voucher Entry in Marg Books.