How to Record RCM Purchase Vouchers in TallyPrime | TallyHelp

[@DeepakKumar-py6em]

I always love to view your videos on very important topics like this.

[@pareshtandel8442]

Thank you for upload informative video

[@tallychampion185]

Great 😇😀

[@vipinmalaviya873]

Just want to know whether you have came out with IMS feature

[@TallySolutions]

We currently do not support "IMS - Invoice Management system", it will be evaluated and considered in our upcoming releases. We’ll keep you posted once it is made available in the product.

[@lalitchhaya5410]

Can you help for society Bill setup in tally prime?

[@akbbar14]

Pls post videos for RCM payments on Rent paid with details... It is captured in GSTR 1 while recording transaction in Journal Voucher

[@bijithlalmalayil8886]

How the liability of RCM is booked in accounts. I think the entry will not affect Trial Balance... Is there any solution?...

[@sanjaydehre2941]

Journal entry Dr. Input cgst Dr. Input SGST Dr. Input igst Cr. Cgst rcm payable Cr. SGST rcm payable Cr. Igst rcm payable

[@sanjaydehre2941]

Payment GST rcm Dr. rcm GST payble ledger Cr. Bank ledger

[@TallySolutions]

In TallyPrime, you can record purchases under RCM with appropriate GST, raise tax liability, and avail ITC. When you are using TallyPrime, tax liability and ITC are calculated automatically just by recording RCM purchase entry. Refer the help article bit.ly/3Zv0v8Z.