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GST tax conditions-JOCG,JOIG,JOSG,JOUG

Hi All,

My qusetion is related to below points.

1.Can we make all the gst condition manual and calculation type from percentage to fixed amount.

2.If yes what impact would be on accounting and if no why..

3.As if we have already make it maual then we dont need to maintain the condition record of all the condition type then how HSN code for the material would reflect in the accounting...

Regards

Sourabh kumar

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3 Answers

  • Nov 15, 2017 at 09:08 AM

    A big no -

    Because you wanted to calculate fixed amount on tax condition and leave everything on the users, there will be lots of issue will raised & how a user should know what amount needs to enter based on quotations, what if there further discount will be calculated after getting that fixed amount.

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  • Nov 15, 2017 at 11:45 AM

    Hi,

    it may be Hectic for every time giving manually,as there are many combinations and may lead to wrong caliculations and limited possibility of tracking.

    % is recommended

    can you specify what is the exact difficulty you are facing to maintain condition records,is it your client requirement.

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  • Nov 15, 2017 at 08:40 AM

    1. Quite illogical. Tax (GST) rates are always with some percentages. If you do it manually, then there will be huge chance to make mistake by users.

    2. If yes, then users have to make a manual calculation during posting of each and every document. Here, it is also a huge possibility to make mistake.

    3. HSN code is updated in BSEG table, if you have HSN code assignment with material master, it is not depended upon condition record. As per government, tax rates are depended upon HSN code, so there should a criteria to fetch the condition record with regards to HSN code.

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