5. Receipt Voucher

How to Add a Receipt Voucher in Sky Books:

1. Navigate to the Receipt Voucher Section:

   • Go to the Transactions section in the sidebar.
   • Click on Receipt Vouchers to view existing vouchers or create a new one.

2. Add New Receipt Voucher:

   • Click on Add Receipt Voucher to create a new entry.

3. Fill in Receipt Voucher Details:

   • Payment Method: Select the payment method (e.g., Cash, Bank Transfer, Cheque).
   • Receipt No: Sky Books will auto-generate a receipt number (e.g., REC0055), but you can edit it if needed.
   • Date: Enter the receipt date (e.g., 28/02/2025).
   • Party Name: Select the party (customer or payer) from whom the payment is being received.
   • To Account: Choose the account where the payment is being deposited (e.g., Bank Account, Cash).
   • This Voucher Payment: Specify the payment applied to this receipt.

4. Transaction Type:

   • Select the transaction type (e.g., Payment for Sales Invoice, Advance Received, etc.).

5. Amount (Rs.):

   • Enter the total amount received (e.g., ?14,000).

6. Place of Supply:

   • Specify the place of supply if necessary (based on GST regulations).

7. GST:

   • Select the appropriate GST tax rate, if applicable (e.g., GST 18%, GST 0%).

8. Narration:

   • Provide additional details or a brief explanation about the receipt (e.g., "Payment received for outstanding sales bills").

9. Outstanding Sales Bills:

   • Under Outstanding Sales Bills, select the relevant invoice details:
     • Bill No: Enter the bill numbers associated with the payment (e.g., Invoice No INV0083, INV0084).
     • Bill Type: Specify the bill type (e.g., Standard Invoice).
     • Particulars: Enter the description of the bill (e.g., "Sale of goods").
     • Balance Amount: Enter the outstanding balance on the bill (e.g., ?2,12,400 for INV0083).
     • Settlement Amount: Enter the amount being settled against the bill (e.g., ?6,000 for INV0083, ?8,000 for INV0084).

10. Amount Received and Settlement:

    • Amount Received: The system will show the total amount received (e.g., ?14,000).
    • Settlement: The settlement amount should match the amount received (e.g., ?14,000) as you are settling the payment against outstanding sales bills.

Benefits of Using Sky Books’ Receipt Voucher Feature:

• Track Receipts Easily: Keep track of all incoming payments, ensuring you can manage your cash flow effectively.
• Invoice Settlement: Automatically apply received payments to the respective outstanding sales invoices.
• GST Compliance: Ensure compliance with tax regulations by including relevant GST information.
• Clear Financial Records: Keep clear and detailed records for auditing purposes.