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GST implementation in India what is impact on vendor and customer down payment scenario

May 28, 2017 at 10:58 AM

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Former Member

Hi all,

We are implementing GST , we want to know vendor and customer down payment scenario after implementing GST. How we can post down payment entry? , because we want to deduct the tax according to Law.

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Former Member Jun 04, 2017 at 10:45 AM
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New NOTES is expected from SAP on DPs (both Customer and Vendor) during 3rd week of June 2017. Though its too close to the cut-over and roll out activities on July 1st 2017 for GST under SAP, we may have to keep all other setup ready regarding down payments.

Thanks..

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