Calculating Final Taxes and Printing Taxes on Invoices

This topic provides overviews of final tax calculation and invoice tax detail display.

If an invoice requires India GST calculation, the Finalization process (BIIVC000) calls the Tax Calculation common process and updates the invoice total amounts for those lines with no associated excise invoice number.

When the Finalization process calculates final taxes, all information that the Tax Calculation process requires must be available and saved in the appropriate PeopleSoft Billing tables. If this information is not available, the Finalization process marks the affected invoices in error, and requires you to provide the necessary information before the invoices can be finalized.

Note: If a bill line has no associated excise invoice number and amount, and the GST applicability flag is defined as no, the Finalization process does not include the bill line in GST calculation.

PeopleSoft Billing invoice print processes retrieve the following India tax processing detail fields for display on the commercial invoice:

  • The customer's GSTIN code from the CUST_ADDR_EXS table.

    Processing stops if GST taxes exist but no GSTIN number exist.

  • All detail lines from the BI_LINE_EXS_DTL.

    The tax type would be GST, and any given invoice will have only GST.

    Invoice print processes populate the tax percentage column for an associated component code only when the calculation scheme is defined as percentage.

  • The total GST tax amount from the BI_HDR table.

    If no GST applied to the bill line, no GST totals appear on the invoice.

    If GST applied to the bill line net to zero, GST totals appear as zero on the invoice.

  • The form names (where form direction is buyer to seller) from the STX_FORM_CD_DTL table.

Note: The system prints no India tax processing details on PeopleSoft Project Costing invoice formats and PeopleSoft Contracts invoice formats. The system print India tax processing details on BI Publisher invoice format.