---
title: "How do I record reverse charge GST transactions in my books?"
description: "How do I record reverse charge GST transactions in my books?"
canonical: "https://busy.in/faqs/how-do-i-record-reverse-charge-gst-transactions-in-my-books-answerid-55995/"
---

# How do I record reverse charge GST transactions in my books?

To record [reverse charge](https://busy.in/gst/all-about-reverse-charge-mechanism-rcm-under-gst/) GST transactions in BUSY, follow these steps:

For RCM Purchase Entry:
Step 1: Go to the Transaction menu and click on Purchase then Add.
Step 2: Fill voucher details, select RCM Unreg as the purchase type, and choose the party.
Step 3: Enter item details (name, quantity, rate, amount) and save the purchase voucher. Ensure item master has proper GST percent.
For RCM Expense Entry through payment or journal voucher:
Step 1: Go to the Transaction menu and click on Payment or Journal Voucher.
Step 2: Fill voucher details, select RCM Expense as GST nature.
Step 3: Create an expense ledger with the tax category filled, and RCM nature is compulsory.
Step 4: Debit the expense ledger, credit the party/cash/bank, and save the voucher.
Create RCM Payable Voucher one have to use Check/Post Consolidated RCM Payable/To Check/Post Consolidated RCM Payable follow below Steps.
Step 1: Click on Transaction then Click on GST Misc. Utilities
Step 2: Click on Check/Post Consolidated RCM Payable
Step 3: Select Either Monthly Basis or Daily Dasis in which one wants to Create the Vocuher.
Step 4: Select required Details as asked and Click on OK (F2)
Step 5: Press F4 to Post Consolidated RCM Payable Voucher
Step 6: Select the Series in which one wants to Post the Voucher
Step 7: Specify Date in which one wants to Post the Voucher and Click on Save
Step 8: Click on Y/N when asked and Click on Save

## Related FAQs

- [Why is the reverse charge section not working properly in BUSY? How can I get it to apply reverse charge GST correctly?](https://busy.in/faqs/why-section-working-properly-busy-get-apply-reverse-charge-gst-correctly-answerid-28960/)
- [How to record RCM expenses as an expense in BUSY?.](https://busy.in/faqs/how-to-record-rcm-expenses-as-an-expense-in-busy-answerid-59646/)
- [What are the steps to record RCM payment and adjustment entries in BUSY?.](https://busy.in/faqs/what-are-the-steps-to-record-rcm-payment-and-adjustment-entries-in-busy-answerid-48437/)
- [How do I enter rcm entry in BUSY and in case of any special case how to do accounting for export?](https://busy.in/faqs/how-do-i-enter-rcm-entry-in-busy-and-in-case-of-any-special-case-how-to-do-accounting-for-export-answerid-29899/)
- [How to save RCM entries in BUSY? Is there a way to customize the invoice number format in BUSY?](https://busy.in/faqs/how-to-save-rcm-entries-in-busy-is-there-a-way-to-customize-the-invoice-number-format-in-busy-answerid-32613/)