68 lines
3.0 KiB
Markdown
68 lines
3.0 KiB
Markdown
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# GST Features in ERPNext
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### 1. Setting up GSTIN
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GST Law requires that you maintain the GSTIN number for all your suppliers and vendors. In ERPNext, GSTIN is linked to the **Address**
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<img class="screenshot" alt="GST in Customer" src="{{docs_base_url}}/assets/img/regional/india/gstin-customer.gif">
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**GST for your Company Address**
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You also need to set the Address for your own Company and your Company's GST Number
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Go to the Company master and add the GSTIN to your default address.
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<img class="screenshot" alt="GST in Company" src="{{docs_base_url}}/assets/img/regional/india/gstin-company.gif">
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### 2. Setting up HSN Codes
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According to the GST Law, your itemised invoices must contain the HSN Code related to that Item. ERPNext comes pre-installed with all 12,000+ HSN Codes so that you can easily select the relevant HSN Code in your Item
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<img class="screenshot" alt="HSN in Item" src="{{docs_base_url}}/assets/img/regional/india/hsn-item.gif">
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### 3. Making Tax Masters
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To setup Billing in GST, you need to create 3 Tax Accounts for the various GST reporting heads CGST - Central GST, SGST - State GST, IGST - Inter-state GST
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Go to your **Chart of Accounts**, under the Duties and Taxes head of your account, create 3 Accounts
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**Note:** Usually the rate in CGST and SGST is half of IGST. For example if most of your items are billed at 18%, then create IGST at 18%, CGST and SGST at 9% each.
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<img class="screenshot" alt="GST in Customer" src="{{docs_base_url}}/assets/img/regional/india/gst-in-coa.png">
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### 4. Make Tax Templates
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You will have have to make two tax templates for both your sales and purchase, one for in state sales and other for out of state sales.
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In your **In State GST** template, select 2 accounts, SGST and CGST
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<img class="screenshot" alt="GST in Customer" src="{{docs_base_url}}/assets/img/regional/india/gst-template-in-state.png">
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In your **Out of State GST** template, select IGST
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### 5. Making GST Ready Invoices
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If you have setup the GSTIN of your Customers and Suppliers, and your tax template, you are ready to go for making GST Ready Invoices!
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For **Sales Invoice**,
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1. Select the correct Customer and Item and the address where the transaction will happen.
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2. Check if the GSTIN of your Company and Supplier have been correctly set.
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3. Check if the HSN Number has been set in the Item
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4. Select the the **In State GST** or **Out of State GST** template that you have created based on the type of transaction
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5. Save and Submit the Invoice
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<img class="screenshot" alt="GST Invoice" src="{{docs_base_url}}/assets/img/regional/india/gst-invoice.gif">
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### Reports
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ERPNext comes with most of your reports you need to prepare your GST Returns. Go to Accounts > GST India head for the list.
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<img class="screenshot" alt="GST Menus" src="{{docs_base_url}}/assets/img/regional/india/gst-menu.png">
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You can check the impact of your invoice in the **GST Sales Register** and **GST Itemised Sales Register**
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<img class="screenshot" alt="GST Itemised Sales Register" src="{{docs_base_url}}/assets/img/regional/india/gst-itemised.png">
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