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GST Implementation in sap mm

The document outlines the steps for implementing GST (Goods and Service Tax) in SAP MM, detailing the types of GST (Intra State, Inter State, and Import GST) and the necessary configurations. It includes instructions for creating condition tables, access sequences, condition types, accounting keys, tax procedures, and assigning tax codes to company codes. The process ensures proper handling of GST in financial accounting within the SAP system.

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tyagibharat120
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119 views

GST Implementation in sap mm

The document outlines the steps for implementing GST (Goods and Service Tax) in SAP MM, detailing the types of GST (Intra State, Inter State, and Import GST) and the necessary configurations. It includes instructions for creating condition tables, access sequences, condition types, accounting keys, tax procedures, and assigning tax codes to company codes. The process ensures proper handling of GST in financial accounting within the SAP system.

Uploaded by

tyagibharat120
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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GST Implementation in sap mm

GST (Goods and Service Tax) is an indirect tax throughout India


1. Intra State GST
2. Inter State GST
3. Import GST
Intra State Gst means within a state purchasing
CGST (Central Goods and Service Tax)

SGST (State Goods and Service Tax)

Inter State Gst means outside purchasing (out of state)

IGST (Integrated Goods and Service Tax)

Import GST means purchasing from other countries

Let’s Configure the GST tax procedure

1. Create Condition Table T code: M/03

Here we will take standard condition table: 4AQ

2. Create Access Sequence Tcode: OBQ2

PATHWAY:

IMG>>FINANCIAL ACCOUNTING>>FINANCIAL ACCOUNTING AND GLOBAL SETTINGS (NEW)>>TAX ON


SALES/PURCHASE>>BASIC SETTINGS>>CHECK CALCULATION PROCEDURE>>ACCESS SEQUENCE
We will take SAP Standard access sequence JGSI-IN: GST for Input Taxes

Here Condition Table 4AQ assigned to the access sequence JGSI

3. Create Condition Type T code: OBQ1

PATHWAY

IMG>>FINANCIAL ACCOUNTING>>FINANCIAL ACCOUNTING AND GLOBAL SETTINGS (NEW)>>TAX ON


SALES/PURCHASE>>BASIC SETTINGS>>CHECK CALCULATION PROCEDURE>>DEFINE CONDITION
TYPES

Let’s say

NCGT- In: Central GST

NSGT- In: State GST

NIGT- In: Integrated GST

NUGT- In: Union Territory GST

NIIT- In: Integrated Import GST

NJCT- In: Central GST – Non Deductible

NJST- IN: State GST- Non Deductible

NJUT- In: Union Territory GST- Non Deductible

NJIT- In: Integrated GST- Non Deductible

NIMT- In: Integrated Import GST- Non Deductible

Now we will create these condition types


For each we have created a condition type.

4. Create Accounting keys T Code: OBCN

Copy from standard- VST

NCT: In: Central GST NSAN (input tax)

NST: In: State GST NSAN (input tax)

NUT: In: Union Ter. GST (input tax)

We will copy from MWS (output tax)

NGT: In: Integrated GST (output tax)

NIT: In: Integrated Import GST (output tax)

NVV- In: Central GST – Non Deductable

NVV- IN: State GST- Non Deductable

NVV- In: Union Territory GST- Non Deductable

NVV- In: Integrated GST- Non Deductable

NVV- In: Integrated Import GST- Non Deductable

Accounting key NVV- Non Deductable and it is SAP Standard Accounting key…

5. Create Tax Procedure T Code: OBQ3

PATHWAY

IMG>>FINANCIAL ACCOUNTING>>FINANCIAL ACCOUNTING AND GLOBAL SETTINGS (NEW)>>TAX ON


SALES/PURCHASE>>BASIC SETTINGS>>CHECK CALCULATION PROCEDURE>>CREATE TAX PROCEDURE

New Entries
Done this tax procedure..

Now we assign the tax procedure to the condition types…

Go in Condition Type and assign tax procedure to it.

Here we assign out Pricing Procedure TXNSAN to each condition type.

6. Assign the tax procedure to country T Code: OBBG

PATHWAY

IMG>>FINANCIAL ACCOUNTING>>FINANCIAL ACCOUNTING AND GLOBAL SETTINGS (NEW)>>TAX ON


SALES/PURCHASE>>BASIC SETTINGS>>ASSIGN CALCULATION PROCEDURE TO COUNTRY CODE

I have assigned calculation procedure to company code


7. Assign G/L accounts T Code: FS00

8. Assign G/L accounts to accounting keys T Code: OB40

NCT: In: Central GST NSAN (input tax)


NST: In: State GST NSAN (input tax)
NUT: In: Union Ter. GST (input tax)
NGT: In: Integrated GST (output tax)
NIT: In: Integrated Import GST (output tax)
9. Create Tax Rates T Code: FTXP
INPUT TAX: I2

OUTPUT TAX:
We have maintained the TAX CODE:

I2- Integrated Import GST

O1- In Integrated GST

I3- In CGST+SGST

10. Assign Tax codes to the company code: Tcode- OBCL

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