Purchases of fixed assets

1. Go to General ledger > Journals > General journal.
2. Create a journal, and name it.
3. Select Lines.
4. In the Account type field, select Fixed assets. Then, in the Account field, select a value.
5. In the Debit field, enter a value.
6. In the Offset account type field, select Vendor. Then, in the Offset account field, select a value.
7. Save the record.
8. Select Tax information.
9. On the GST FastTab, in the HSN code field, select a value.
10. Select the Vendor tax information FastTab.
11. Select OK.

Validate the tax details

1. Select Tax document.
2. Select Close.
3. Select Post > Post.
4. Close the message that you receive.

Validate the financial entries

To validate the financial entries, select Inquiries > Voucher.