Purchase Account Selection
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How to Filter Purchase Accounts in GST Returns?
In this tutorial, we will learn how the Purchase Account Selection feature works during GST Return generation in Logic ERP. This feature allows users to select specific Purchase Accounts for GST reporting, ensuring that only relevant purchase transactions are included in the generated GST Return.
Objective of This Feature
Filter GST Return data based on selected Purchase Accounts.
Include only relevant purchase transactions in GST reports.
Improve GST reporting accuracy.
Simplify GST reconciliation and verification.
Provide better control over return generation.
Access to GST Returns Configuration
Navigate to Reports/Queries and then Sale Registers.
Select GST Reports/Returns.
Open GST Returns Module.
Click on Configuration.
Locate the option labeled as:
"Purchase Account Selection"
This option allows you to specify which Purchase Accounts should be considered during GST Return generation.
Observe the Default Behavior
Currently, no Purchase Account has been selected in the configuration.
Action
Select the required GST Return Type.
Enter the required Date Range.
Click Generate.
Result
Since No Purchase Account is selected:
The system includes transactions from all Purchase Accounts.
GST Return data is generated using all eligible purchase transactions available within the selected period.
Select Specific Purchase Accounts
Return to the GST Returns Configuration window.
Open the Purchase Account Selection option.
Select the required Purchase Accounts that should be included in GST Return generation.
Save the configuration.
Generate GST Return Again
Select the required GST Return Type.
Enter the required Date Range.
Click Generate.
Result
The system now filters the GST Return data and includes only those transactions that are linked to the selected Purchase Accounts.
Transactions belonging to non-selected Purchase Accounts are excluded from the GST Return.
Key Benefits
Filters GST data account-wise.
Improves reporting accuracy.
Eliminates unwanted transactions from GST Returns.
Simplifies GST verification and reconciliation.
Provides greater control over GST reporting.
Best Practice Tips
Select only those Purchase Accounts that are relevant for GST reporting.
Periodically review account mappings to ensure correct GST classification.
Verify GST Return data before finalizing or filing returns.
Use account-wise filtering to improve the accuracy of GST reconciliation.
Final Outcome
The Purchase Account Selection feature enables Logic ERP to generate GST Returns using only the transactions associated with selected Purchase Accounts. This helps organizations maintain accurate GST records, improve reporting control, and ensure that only relevant purchase transactions are included in the final GST Return data.
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