GST Configuration and Computation

As per the law issued by Govt of India, tax applicability will be as follows in GST regime,

  • Intra – State transactions will attract CGST and SGST
  • Inter  – State/Import transactions will attract IGST
  • Export transactions will be zero rated

Following condition types required,

JICG, JISG and JIIG are the deductible GST condition types for Central, State and Integrated GST. Whenever user creates an invoice using these condition types using tax code, the system will posts the accounting entry into defined GL accounts…!!

Condition types Description
JICG AP: Central GST
JISG AP: State GST
JIIG AP: Integrated GST

The setup of the GL accounts will be done for each account key

Below mentioned are the account keys to be created in SAP for deductible condition types.

  • JIC – Central GST
  • JIS – State GST
  • JII  – Integrated GST

Productive GST GL accounts should be maintained in table J_1IT030K_V

Business Place Linkage to GST GL accounts is also to be assigned in table J_1IT030K_V

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JISN, JICN and JIIN are the non-deductible GST condition types for state, central and integrated GST. Whenever user creates an invoice using these condition types using tax code, the system will posts to Inventory/Expense accounts based on the standard SAP Process.

Condition types Description
JISN AP: Central GST – ND
JICN AP: State GST – ND
JIIN AP: Integrated GST – ND

Account key “NVV” will be used for Non-deductible GST condition types

Similarly  GST relevant condition types and account keys for SD procedure are as below,

JOCG, JOSG and JOIG are the deductible GST condition types for Central, State and Integrated GST. Whenever user creates an invoice using these condition types using tax code, the system will posts the accounting entry into defined GL accounts…!!

Condition types Description
JOCG AR: Central GST
JOSG AR: State GST
JOIG AR: Integrated GST

Below mentioned are the account keys to be created in SAP for deductible condition types.

  • JOC – Central GST
  • JOS – State GST
  • JOI  – Integrated GST

As part of Cutover below mentioned master data’s has to be modified with new GST fields,

Master data – HSN/SAC Code, Material master, Customer Master, Vendor Masters, Tax codes, Condition records and service masters.

For more GST related details refer my Vlog

Thank You

Jayanth

GST – Identification number in SAP

GST – Identification number

Single registration for CGST, SGST and IGST

Individual registration to be obtained in each state of business establishment

PAN based registration number  – Up to 15 characteristics in length

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Capture GST registration number at Business Place level.

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Business place has to be linked to plant

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Thank You

Jayanth Maydipalle

GST – INDIA

CGST means the tax levied under the Central Goods and Services Tax Act, 2016.

IGST means the tax levied under the Integrated Goods and Services Tax Act, 2016.

SGST means the tax levied under the State Goods and Services Tax Act, 2016.

Listed below are the important GST SNOTES released by SAP-INDIA

2419215 GST IN: Changes for FI Invoice item level screen
2419214 GST IN: Changes to MIRO Invoice item level screen
2417506 GST India – Utilities
2415115 GST India – Changes to Transaction data- Data Dictionary activities
2410917 GST IN: Line item wise tax calculation for sales invoices
2410105 GST IN: Sales related changes for India GST for sales order creation and Invoice posting
2385575 GST India – Changes to Master data
2378678 GST IN: BAdI implementation in Enjoy transactions of FI and MM
2252781 FAQ on Tax procedure migration from TAXINJ to TAXINN
1175384 Minimum Support Package(SP) level to obtain support for legal change in India Logistics and Indirect taxes(CIN)
2428495 GST India: Corrections to note 2416018
501054 FAQ: Taxes in purchasing
2014164 TAXINJ to TAXINN Migration
2421394 GST India: Pre-requisites/FAQs/Solution