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Include GST when calculating tax collections

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Set up GST requirements

  1. Go to Tax > Indirect Tax > Withholding tax > Withholding tax groups.
  2. Select a withholding tax group.
  3. On the General FastTab, in the Include GST tax components for TDS or TCS calculation field, select the required Goods and Services Tax (GST) components.
  4. Select Close.

Create a sales order

  1. Go to Accounts receivable > Sales orders > All sales orders.
  2. Create a sales order.
  3. Select OK.

Validate the tax details

  1. On the Action Pane, on the Purchase tab, in the Tax group, select Tax document to review the calculated taxes.

    Here is an example of what you should see:

    • Taxable value: 10,000.00
    • IGST: 20 percent

  2. Select Close.

  3. Select Product and supply > Withholding tax.

  4. Select Close.

Post the purchase invoice

  1. On the Action Pane, on the Invoice tab, in the Generate group, select Invoice.
  2. Select OK.
  3. Select OK.
  4. On the Action Pane, on the Invoice tab, in the Journals group, select Invoice.
  5. On the Overview tab, select Voucher.

Example.