Calculating GST Reverse Charge Amounts for a Sales Transaction

To calculate the reverse charges for a sales transaction:

1. From the India Localization module (G75I), click GST Module, GST Daily Processing, and then Sales Order Reverse Charge Details.

2. On the Manage Existing Order form, click Add.

   The system displays the Enter New Order form.

3. Enter the details of the new order within the Sales Order Header tab, and then click Edit Full Header.

   The system displays the Order Header Revisions form.

4. On the Payment and Freight tab, enter the value in the Adjustment Schedule field, and then click Save and Close.

   The system displays the Enter New Order form.

5. Enter the order details under the Sales Order Detail tab, and select the order, then click Price History.

   The Price History forms is displayed, with the adjustments applied on the unit price for the item. If the reverse charge applies to the transaction, the GST amount is split into the provider and receiver amounts. The value in the Unit Price field is for the provider amount.

   Note: The provider amount is calculated based on the provider percentage specified for the GST rule. See Setting Up GST Rules for more information.

6. Select Regional Info from the Form menu.

   The Reverse Charge Details form is displayed, which includes information on the GST rate, tax amount, provider amount, provider percentage, receiver amount, receiver percentage, and adjustment type.

   Note: The form displays values in base currency for all types of transactions. For foreign transactions, you must specify the exchange rate. See Setting Up Exchange Rates in the JD Edwards EnterpriseOne Applications Multicurrency Processing Implementation Guide.

7. Close the Reverse Charge Detail form.

8. On the Price History form, click OK.

9. On the Enter New Order form, click Submit and Close.