This tutorial explains how to create Journal Credit Notes HSN-wise in Logic ERP. It helps ensure accurate GST reporting and allows users to track the impact of credit note entries in both ledger and GST returns.
Objective of This Feature
Create Journal Credit Notes with HSN codes
Ensure accurate GST compliance
Track entries in ledger and GST returns
Maintain structured accounting records
Navigate to Journal Credit Note Entry
Go to Main Menu and then Accounts
Click on Accounting Vouchers
Select Journal Credit Note
Enter Basic Details
Choose the Party Account
Against whom the debit note is to be created
Enter Voucher Details
Bill Number
Date (if required)
Enter Account & HSN Details
Go to Account Details Section
Select Debit/Credit and choose the Account Name
Enter the Date, Narration, and HSN Code
Press Enter to go to the next grid
Enter GST Amount, select the Account, and complete remaining sub-heads
Click Save
Journal Credit Note is successfully created
Verify in Ledger
Navigate to Reports/Queries and Financial Reports
Open and Create "Ledger" report.
Confirm: Credit Note entry is recorded correctly
Verify in GST Returns
Open GST Returns Section
Select GSTR -1
Open & Confirm:
HSN-wise transaction is reflected
Values are correctly reported
Key Benefits
Ensures accurate GST compliance
Supports HSN-wise transaction tracking
Improves financial transparency
Simplifies audit and reconciliation
Best Practice Tips
Always use correct HSN codes
Cross-check entries before saving
Periodically review GST reports
Final Outcome
Journal Credit Notes are created with HSN classification
Entries reflect accurately in ledger and GST returns
Compliance becomes smooth and reliable
Accounting workflow becomes efficient and controlled
