Setting Up the GL Offset for a Company
You define the GL offset for the tax types (CGST, SGST, IGST, and GST Cess) of a company using the GST GL Offset Setup program (P75I835). The system retrieves this information from the GST GL Offset Setup table (F75I835) and updates the Accounts Payable Ledger table (F0411) and Customer Ledger table (F03B11). When you process transactions for GST in the P2P and O2C cycles, the system retrieves the GL offset record in this table and concatenates this GL offset with the AAI item RC (for Accounts Receivable) or PC (for Accounts Payable) to locate the trade account. .
To set up the GL offset for a company:
From the GST Module, click GST System Setup (G75IGST4H), and then GST GL Offset Setup.
On the Work with GST GL Offset Setup form, review the GL offsets that are already set up for specific tax types for your company.
To set up a GL offset for a tax type for your company, click Add.
On the GST GL Offset Setup form, complete the following fields:
Company
Supplier/Customer
Tax Type
Enter a GST type (CGST, SGST, IGST, or GCESS) in this field.
Note: The Company and Tax Type fields are required fields.
Optionally, you enter a value in the G/L Offset field that determines the trade account used as the offset when you post invoices or vouchers. The system concatenates the value that you enter to the AAI item RC (for Accounts Receivable) or PC (for Accounts Payable) to locate the trade account.