Accounting vouchers, ledgers and GST review
Build an accountable voucher process with correct tax treatment and reconciliation.
Before you begin
- Ledger and tax masters
- Accounts permission
- Company GST details and financial year
Step-by-step instructions
Complete and verify each stage before continuing.
- 01
Review ledger configuration
Check ledger groups and opening balances before live posting. Ensure cash, bank, sales, purchases and tax accounts exist as intended.
- 02
Verify tax classes
Confirm GST configuration and whether rates are inclusive or exclusive. Ask the accountant to approve the tax treatment.
- 03
Enter source transactions
Post supported Sales and Purchase invoices; review their related double-entry accounting effects instead of duplicating entries manually.
- 04
Record payments and receipts
Use vouchers with the correct party, cash/bank mode and on-account or bill-wise allocation.
- 05
Handle adjustments formally
Use debit/credit notes, contra, journal or supported reversals according to the event. Preserve the original audit trail.
- 06
Reconcile reports
Review day book, trial balance, outstanding balances, GST reports and bank records for the agreed reporting period.
Final verification checklist
- Debits and credits reconcile
- GST and party details are correct
- Adjustments retain supporting references