1.2.3. Misc. Receipts

In Axanta, Misc. Receipt transaction can be used for below:
 
  • Recording payments directly against Misc. Incomes
  • Booking Invoice for Misc. Incomes
 
Generally, all the Sales made by the business are recorded using Sales and Retail modules in Axanta however, in certain cases, you would require to book Misc. Incomes (i.e. sales of assets etc.) which can be easily achieved through Misc. Receipts Transaction.
 
 
Create a new Misc. Receipts.
 
Go to Finance → Journals → Misc. Receipts.
 
Below screenshot with details of Misc. Receipts form.
 
 
1.2.3. Misc. Receipts
1
Journal Number
1. Journal Number
Journal number.
2
Customer
2. Customer
Select customer incase you want to book the amount under his account.
3
Payment
3. Payment
Two options are available:
1) Pay Directly if to make the direct payment.
2) Pay Later if to make the amount to be paid for later. In this case the Payment Method option would be replaced with Account as highlighted below.
4
Payment Method
4. Payment Method
Method of payment i.e. Cash, Bank etc.
Note: this option is only visible of the Payment selection is Pay Direct.
5
Journal
5. Journal
Journal to be used. Know more about Journals here.
6
Bill Date
6. Bill Date
Date of the bill. This is just for the information and not affect the accounting date.
7
Accounting Date
7. Accounting Date
Accounting date.
8
Payment Reference
8. Payment Reference
Payment reference.
9
Check Number
9. Check Number
Check number if any.
Note: this is an informative field and will not reflect on any accounting statements.
10
Narration
10. Narration
Narration for the line.
11
Account
11. Account
Account to be impacted.
12
Analytical Account
12. Analytical Account
Analytical Account to be impacted. Learn more about Analytical Account here.
13
Amount
13. Amount
Amount to be booked.
14
Tax
14. Tax
Tax code to be selected if applicable. Axanta would calculate the tax amount automatically and will charge the value to the appropriate account based on the setup. Learn more about tax setup in Axanta here.
15
Status
15. Status
Status of the transaction.
16
Button: Cancel Receipt
16. Button: Cancel Receipt
Click the button if you want to cancel this transaction.
Note: that the transaction can be cancelled only if the Journal is allowed to be cancelled. Learn more about Journal here.

Accounting impact of the above Transaction.

 

Video demonstration to show how to create a new Misc. Receipt in Axanta ERP.