What is SAP GST The acronym GST stands for Goods & Service Tax, it is an indirect tax levied on goods and services. The new GST tax system replaces all the major indirect taxes levied by central and state governments in India. The new indirect taxation system in India (GST) requires every business to register in every state of establishment.
Read more →How to define tax account keys in SAP The following tutorials guide you on how to define tax account keys in SAP for GST step by step. The processing keys are used by the system automatically to determine the accounts or posting keys for line items in SAP. Configuration values for creating account keys in SAP Account Key Tax Type
Read more →How to define condition types in SAP for GST The following tutorials guides how to define condition types in SAP. In this SAP tutorials, we are going to define the following condition types in SAP for GST Condition Type Tax Type Description ADIC Input Central GST ADIS Input State GST ADIN Input Interstate GST ADOC Output Central GST ADOS Output
Read more →How to define access sequence in SAP The following tutorials guides you how to define access sequence in SAP for GST. You can create access sequence in SAP by using the following navigation method: IMG Path: SPRO > IMG > Financial Accounting > Financial Accounting Global Settings > Tax on Sales / Purchases > Basic Settings > Define access sequence
Read more →How to Assign tax calculation procedure to country for GST in SAP You need to assign tax calculation procedures to every country where your company is operating the business. You can assign tax calculation procedure to country IN (India) for SAP GST by using the following navigation method IMG Path: IMG > Financial Accounting > Financial Accounting Global Setting >
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