INPUT - OUTPUT TAX

Purchase Tax
Old
TAX
Input Tax
Purchases

MM Basic ( Inventory A/c) 100

4% GST 4

104

Step1 SPRO>FA>FA GLB Settings> Tax on sales/Purchase>Basic Settings

> Check Calc procedure.
Define Procedures
Click on New Entries & give below
TS10 | TAXINN Procedure TS10 ^s
Select TS10
Double click control data
Click new entries
Step | CNtr | Ctype| Fro
10 | | BASB | Base amt
80 | | MWVS | Input tax 10
90 | | MWAS | Output tax 10

New Tax

This is the procedure and need

to assign to Country India

Step 2 Assign Country to calc procedur'

Same path next step
Click position button
Country IN
IN | INDIA | TS12 ^s

* Step 3 Define tax codes for Sales & Purchases

SPRO> FA>FA GLB settings>Tax on Sales / Purchases>Calculation>Define Tax codes for Sales & Purch

Country IN
INPUT TAX Tax Code VA
 Tax on Sales

Out put tax

Sales

Basic ( Sales A/c) 110 SD

12% GST 13

123

TO Act Key 1 BASB Base Amount

2 MWVS Input Tax
10 VST
10 MWS 1 Base Amount
Condition value of the ^s 3 MWAS Output Tax
steps in between are totalled
Eg: Percentage Surcharge
are calc'd on the basis of
surcharge
New Account Key - GST OBCN
State GST JIS
Central GST JIC
Integrated GST JII
Union Territory GST JIU

FTXP IN Tax G/L 154000

Code TEXT Rate
ulation>Define Tax codes for Sales & Purchases MM M1 5% Blank
SD S1 12% Blank
FI F4 18% 18%
enter
 1000
2% 20 1 1

2000
5% 50 1 1

Ctype

Formula
* Tax Code VA
Tax Type V

Input Tax 5
Outp put Tax -

Note For any trns we have either Input or Output but not BOTH

One more Tax code

* Tax Code V0
Tax Type V

Input Tax 0
Outp put Tax -

Output Tax Tax Code AA

Tax Type A

Input Tax -
Outp put Tax 12

Tax Code A0
Tax Type A

Input Tax -
Outp put Tax 0

Step 4 Assign Tax Codes for Non-Taxable Transaction (0% Tax)

SPRO> FA>FA GLB settings>Tax on Sales /

Purchases>Posting>Assign Tax codes for non
taxable TRNS

Select Position Button

Give Co-code

Input
V0

Step 5 Creation of GL A/c VAT Pool A/s under C/A LoansFS00

& Advances

Other C/A - B/S

5% Input tax
Input Tax Enter

Keep the cursor & Select Deactivate Line Button

^s

0% Input Tax Enter

Input Tax

Keep the cursor & Select Deactivate Line Button

^s

12% Output tax Enter

Input Tax

Keep the cursor & Select Deactivate Line Button

^s

0% Output tax Enter

Input Tax

Keep the cursor & Select Deactivate Line Button

^s

OBCL

Output
A0
^s

FICO consultants job

Defining tax procedures
Creation of tax codes
 A/c No : 250040
Co-code

Note
Acct Group : Other Curr Assets, B/S

Short Text : VAT Pool Clearing A/c VAT A/c

Long Text
INR, OBLC,LI,001, G041 ^s

* Step 6 Define Tax accounts OB40

SPRO>FA>FA GB Settings>Tax on Sales/ Pur >postings
>define tax a/c's

Keep the cursor on VST or input tax

& double click
give COA : ^s

acct :250040 GL acct ^s

Select back arrow double click

MWS ^s
acct :250040 GL acct

* Note assign tax codes in Sales A/c FS00

FS00 - revenue a/c 301000
Co-code :
Click on change button
contrl data tab
Tax category *
Tick posting w/o tax allowed ^s

NEW GST
NOTE GST is covered once all Indian Companies go- live on 1st July 2017

Tax Rates
GST Goods & Service Tax 0, 5, 12, 18, 28

Follow Step 3 above for creating the FTXP

Tax codes

* SGST State GST 18

CGST Central GST
IGST Integrated GST 18
UGST Union Territory GST 12

GSTN GST Network

GL a/c's
Assign G/L a/c to tax codes

SD
S.O - Manual / Automatic
tax codes r given and postings
are done automatically
F-22
tick calculate tax
Tax code : AA

Different rates
ignore warning message

Separate GST numbers are allocated

to every business

St Govt Announcement

Both for Input & Output 1000 0

9
9
18
12

Connectivity to Govt Servers

Note Step 1 Define Tax procedure
SPRO>FA>FA GB Settings>Tax on Sales/ Pur >Basic Settings
>Check Calc procedure
Double click on define procedures Already there
For India TAXUS ( Sales Tax Ind) TAXINN
Click new entries
TAXINN | Tax India| ^s

Note New
Views SM30 J_1IEXCDEFN FV11
Proc Ctyp Condition name Ctyp
TAXINN JICG CGSTSOFFAP JIUN
TAXINN JISG SGSTSOFFAP JOCG
TAXINN JIIG IGSTSOFFAP JOIG
TAXINN JIUG UTGSTOFFAP JOSG
TAXINN JIIN IGSTINVAP JOUG
TAXINN JICN CGSTINVAP
TAXINN JISN SGSTINVAP

NOTE JOIG, JOSG, JOCG,JOUG should be classified for posting direct FI transactions

Act Key FI Condition Types Tax Codes

0, 5, 12, 18, 28
2.5 FIC Central GST 1A, 1B, 1C, 1D, 1E
2.5 FIS State GST
FII Integrated GST 1F, 1G, 1H, 1I, 1J
FIU Union Territory GST

Note For MM & SD modules Create Tax codes in FTXP with text as 5% (for Eg) , but do not give the tax rate

MIC 1M,2M,3M,4M
MIS
MII
MIU 1S,2S,3S,4S,5S

NEW GST CONFIGS

NOTE GST is covered once all Indian Companies go- live on 1st July 2017

Tax Rates
GST Goods & Service Tax 0, 5, 12, 18, 28

Follow Step 3 above for creating the FTXP

Tax codes

* SGST State GST 18

CGST Central GST
 Condition Name
UTGSTINVAP
CGSTAR
IGSTAR
SGSTAR
UTGSTAR

ect FI transactions

0, 2.5, 6.0, 9.0, 14.0 Note

for CGST & SGST In FTXP we split the tax
rates into half and put in FIC & FIS
0, 5, 12, 18, 28 In FTXP we put the full value of
Tax rates for Integrated

as 5% (for Eg) , but do not give the tax rates inside the field. Keep it blank

Separate GST numbers are allocated

to every business

St Govt Announcement

Both for Input & Output

9
9
 IGST Integrated GST 18
UGST Union Territory GST 12

GSTN GST Network

Step 1 Create Account Key OBCN

Input Central GST
State GST
Integrated GST
Output Central GST
State GST
Integrated GST

Step 2 Define Tax procedure

SPRO>FA>FA GB Settings>Tax on Sales/ Pur >Basic Settings
>Check Calc procedure
Double click on define Condition types.

Click on New Entries

ZGIC ZGIC Input - Central GST Access Seq
Condit.Type ZGIC

Access SEQ. MWST

Control Data 1 /
Cond. class D Taxes D
Calculat.type A Percentag A
Cond.category D Tax D
Rounding rule Commercia
StrucCond.

Group Condition All Blank

Changes Which can be made/

X Item Condition
X Amt/percent
X Value

Master Data/
Valid From Todays Date
Valid To 31.12.1999
delete fr. DB Do not del (set deletion flag)

Scales/ All Blank

Condition Data 2/ All Blank

Tax determination/ All Blank

 18
12

Connectivity to Govt Servers

New I/O Tax Type

ZIC 2
ZIS 2
ZII 2
ZOC 1
ZOS 1
ZOI 1

MWST Tax Classification

Input Central GST ZGIS ZGIT ZGOC ZGOS ZGOI
Input - State GST Input - Integrated
Ouput-
GSTCentral
Ouput-
GSTState
Ouput-
GST Integrated GST

Same As a ZGIC
Taxes
Percentage
Tax.

Default
Default
Default
uput- Integrated GST
 Step 3 Define Tax procedure
SPRO>FA>FA GB Settings>Tax on Sales/ Pur >Basic Settings
>Check Calc procedure
Double click on define procedures Already there

Step Counter Ctyp Description

10 0 BASB Base Amount
20 0 ZGIC Input - Central GST
30 0 ZGIS Input - State GST
40 0 ZGIT Input - Integrated GST
50 0 ZGOC Ouput- Central GST
60 0 ZGOS Ouput- State GST
70 0 ZGOI Ouput- Integrated GST
80 0 MWVS Input Tax
90 0 MWAS Output Taz

Step 4 Assign Country to Cal Procedure

Same path next step

Click position button
Country IN
IN | INDIA | TS13IND ^s

* Step 5 Define Tax Codes FTXP

Input 1A, 1B, 1C, 1D, 1E

Output 2A, 2B, 2C, 2D, 2E
ZIC Central GST
ZIS State GST
Input 1F, 1G, 1H, 1I, 1J
Output 2F, 2G, 2H, 2I, 2J
ZII Integrated GST
ZIU Union Territory GST
Check Step1 - on the top Click on New Entries & give below
TS10 | TAXINN Procedure TS10^s
Select TS03
Double click control data
Click new entries
From To Account
Save without BASB and then put it later
10 ZIC
10 ZIS
10 ZII
10 ZOC
10 ZOS
10 ZOI
10 VST
10 MWS

GST
Goods & Service Tax 0, 5, 12, 18, 28 St Govt Announcement

for CGST & SGST In FTXP we split the tax in 2 halfs

rates into half and put in FIC & FIS

0, 5, 12, 18, 28 In FTXP we put the full value of

Tax rates for Integrated
then put it later