Manual Journal – Multi-Currency, GST Amount Editable, GST Allocation, GST Copy & Edit, Bank – Multi-Currency (Spend Money/Receive Money/Transfer Money)

Features

• Manual Journal – Multi-Currency: With this release, we have given provision to create a journal with multi-currency.
• GST Amount Editable: We have given the provision to manage GST amount editable. User can define the range of GST amount from Financial Settings.
• GST Allocation: We have given provision to configuration account for the GST Rate. User can set GST allocation as per their convenience.
• GST Copy & Edit: We have given provision to Copy and Edit GST Rate.
• Bank – Multi-Currency: We have given provision to create Bank with multi-currency. Users can spend money/receive money/transfer money in other currency which is specified while bank creation.
• Fixes: In this release, we have fixed few issues.

Manual Journal – Multi-Currency: With this release, we have given provision to create journals with multi-currency.

Path: Manager -> Manual Journal

User can select currency from dropdown of Currency

User can also add Currency, if required currency is not available in given list then user can add by click on +Add New Currency.

As per selected currency, amount is displayed in journal voucher (In Native Amount and Selected Currency)

GST Amount Editable: We have given the provision to edit GST amount. User can define the range of GST amount from Financial Settings.

Path: Settings -> Financial Settings -> Financial Details -> GST Amount Editable

Default user will get GST amount as per GST percentage/

Users can change the GST Amount (if required) and save.

GST Allocation: We have given provision to ‘Configure account’ for GST Rate. Users can allocate GST amount ledger as per business requirements.

Path: Settings -> Tax Settings -> GST Rate -> + GST Rate

Transaction impact as per GST account configuration

GST Copy & Edit: We have given provision to Copy and Edit GST Rate.

Path: Settings -> Tax Settings -> GST Rate -> Select GST Rate -> Copy GST Rate

Copy the GST rate and change the rate to create a new GST rate.

User can also edit GST rate and change the GST allocation.

Path: Settings -> Tax Settings -> GST Rate -> Select GST Rate -> Edit GST Rate

Bank – Multi-Currency: We have given provision to create Bank with multi-currency. Users can spend money/receive money/transfer money in other currency which is specified in bank creation.

Path: Books -> Cash & Bank -> + Bank Account/+ Bank Liability

Users can transfer amounts within the same bank (with foreign currency) and to different bank (with INR currency) and vice versa.

If the user creates a bill/invoice in any foreign currency, they can receive/spend money in foreign currency and as well as in INR currency.

Fixes:

We’re always excited to hear from you! If you have any feedback, questions or concerns, please email us at: qa@hostbooks.com.