title | description | author | ms.author | ms.topic | ms.custom | ms.date | ms.reviewer | ms.search.region | ms.search.validFrom | ms.dyn365.ops.version | |
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Define GSTINs and reference number sequences |
Learn how to define Goods and Services Tax Identification Numbers and reference number sequences for legal entity, warehouse, vendor, and customer masters. |
epodkolzina |
epodkolzina |
how-to |
|
06/04/2019 |
johnmichalak |
India |
2019-06-01 |
10.0.4 |
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To make the India localization solution for Goods and Services Tax (GST) in Microsoft Dynamics 365 Finance available, you must complete the following master data setup:
- Define a business vertical.
- Update the state code and union territory.
- Create a Goods and Services Tax Identification Number (GSTIN) master.
- Define GSTINs for the legal entity, warehouse, vendor, or customer masters.
- Define Harmonized System of Nomenclature (HSN) codes and Service Accounting Codes (SACs).
- Create main accounts for the GST posting type.
- Create a tax settlement period.
- Attach the GSTIN to a tax registration group.
- Go to Organization administration > Organizations > Legal entities.
- On the Addresses FastTab, select More options > Advanced.
- On the Tax information FastTab, select Add.
- In the Name or description field, enter a value.
- On the GST FastTab, in the GSTIN/GDI/UID field, select a value.
- In the Reference number sequence group field, select a value.
- Set the Primary option to Yes, and then select Yes to acknowledge the message that you receive.
- Save the record, and then select Close.
- Repeat steps 3 through 8 for all the other required addresses for the legal entity.
- Go to Inventory management > Setup > Inventory breakdown > Warehouses.
- On the Addresses FastTab, select Advanced.
- On the Tax information FastTab, select Add.
- In the Name or description field, enter a value.
- On the GST FastTab, in the GSTIN/GDI/UID field, select a value.
- Set the Primary option to Yes, and then select Yes to acknowledge the message that you receive.
- Save the record, and then select Close.
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Go to Accounts payable > Vendors > All vendors.
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On the Addresses FastTab, select More options > Advanced.
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On the Tax information FastTab, select Add.
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In the Name or description field, enter a value.
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On the GST FastTab, in the GSTIN/GDI/UID field, select a value.
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Set the Primary option to Yes, and then select Yes to acknowledge the message that you receive.
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Save the record, and then select Close.
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On the Tax information FastTab, set the GST composition scheme option to Yes if a composition scheme is used to purchase from the dealer.
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Go to Accounts receivable > Customers > All customers.
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On the Addresses FastTab, select More options > Advanced.
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On the Tax information FastTab, select Add.
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In the Name or description field, enter a value.
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On the GST FastTab, in the GSTIN/GDI/UID field, select a value.
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Set the Primary option to Yes, and then select Yes to acknowledge the message that you receive.
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Save the record, and then select Close.
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On the Tax information FastTab, set the Consumer option to Yes to identify the customer as a consumer.
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For customer sales through an e-Commerce operator, enter a value in the Merchant ID field, and select a value in the Default E-Commerce operator field.
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For sales with government companies or other agencies, in the Customer type field, select Govt company or other agencies.
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