If I create a bill before receiving the goods, can I claim Input Tax Credit (ITC) for that bill in Zoho ERP?

Yes. If a bill is created before the goods are received, you can claim ITC for that bill in Zoho ERP by using the Transaction Posting Date instead of the bill date.

First, you need to enable Transaction Posting Date for the Bills module. Here’s how:

• Go to Settings in the top right corner.
• Select Bills under Purchases.
• Go to Field Customization tab.
• Hover over Transaction Posting Date, click the dropdown, and select Mark as Active. The field will be enabled for the Bills module.

Once enabled, you can enter the Transaction Posting Date while creating bills to claim ITC for bills created before receiving the goods.