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How are Bank Charges posted under GST setup using FB50 or F-02?

Jun 04, 2017 at 11:50 PM


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Former Member

Hello Experts,

Would like to understand how GST (CGST+SGST or IGST) posted over BankCharges (ex: Serv tax on RTGS charges, Serv.Tax on Premium charges, ServTax on Commission charges etc.)

Currently based on BRS received, we post a line items at end of month through General GL postings (FB50), however, I believe SAP does not support GST setup for FB50, rather TCodes like FB60, FB70 are only in scope.

In that case, how to post additional line item for GST over Bankcharges expenses?


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2 Answers

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Former Member Jun 06, 2017 at 07:39 AM

As per current SAP design only below mentioned is possible (SAP's confirmation required !)

Define Bank as Vendor.

To record & avail benefit :

Process Prerequisite :

Tax Invoice from Bank required for Bank Charges

SAP Master Data Pre-requisite :

1. Define Bank Charges in Service Master (with SAC Code)

2. Define Bank as Vendor (with Bank's GSTIN number & Classification as Registered ) > Reconciliation Account

Transaction Steps :

1. Posting of Bank Charges through FB60 / FV60 (with Tax Code) :

Bank Charges Dr.

SGST/CGST/IGST Receivable Dr.

To, HDFC Bank Vendor Number

2. Upon receiving Statement from Bank, with Bank Charges:

HDFC Bank Vendor Dr.

To, HDFC Main A/c

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Former Member

Hi Nitin,

Thanks for the response. Its in line with what we are all thinking, as this is the only alternative unless SAP provides any different!

Secondly, As we post additional input tax entry here (matching with service tax imposed by Bank), do we treat this as Input Credit or Expense it out. As per my understanding, you can't claim this !!

Your views on this please...


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Former Member Jul 25, 2017 at 01:11 PM

How can we post GST on bank charges for customer through f-28, will it impact on EBS.

Please provide the process change

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