Setting Up Reporting for GST Processing
Filing of returns is online through a GSP (GST Suvidha Provider), a third party that enables a business to be GST compliant. You have the option to prepare a return offline and then upload. A common e-return exists for CGST, SGST, IGST and additional taxes. Use the appropriate processes for data extraction and reporting once India GST is enabled in PeopleSoft.
|
Page Name |
Definition Name |
Usage |
|---|---|---|
|
GST_TXNLOAD_REQ |
Populate data for returns GSTR 1, GSTR 2 and GSTR 3. |
|
|
GST Reporting Page |
GST_REPORT_REQ |
Create a .CSV file with the delivered India GST MAP and associated data. |
GST Reporting processes include an application engine that extracts data and another that generates a MAP file. The application engine that extracts data does so from source applications (like AR, AP and BI) and loads them to a reporting table (PS_GST_TXN_TBL); and the other generates a MAP (INDIA_GST_MAP) file with the extracted data in .CSV format. This file consists of a data dump, which you may tie up with the help of a GSP to convert into a format that you can upload to the GSTN.
You can also copy this delivered India GST MAP into another MAP with a different set of criteria to customize it.
Regular tax payers with multiple registrations for various business verticals within a state need to file various GST returns to the GST Common Portal (GSTN) for each of their registrations separately. PeopleSoft provides reporting data, which you can load into a report provided by a GST Suvidha Provider (GSP) authorized for official report submission to the GSTN.
Note: All reconciliation of data is carried out inside the GSP system. PeopleSoft provides a sample map for data but does not reconcile the data itself or receive input from GSTN. You may create your own map corresponding to required GST return formats.
Use the GST Transaction Loader page (GST_TXNLOAD_REQ) to populate data for returns GSTR 1, GSTR 2 and GSTR 3.
Navigation:
This example illustrates the fields and controls on the GST Transaction Loader page.
Use this page to run the transaction loader for a specific product such as Payables, Receivables, or Billing. You can also select all products. In addition, you can run for a specific application business unit under the selected General Ledger business unit, or all application business units under the selected General Ledger business unit. The process invokes the FS_GSTUPDRPT application engine and populates GST_TXN_TBL.