Selecting Accounting Entry Types for India GST

Use the Accounting Entries page (GROUP_ENTRY3) to create accounting entries for one pending item at a time.

Navigation:

Accounts Receivable, and then Pending Items, and then External Items, and then Group Entry, and then Accounting Entries

The Type field for accounting entry types on the Accounting Entries page is delivered with the following GST-related field values:

• Integrated GST

  • IGST-Final: Select this option when an invoice is received against an order and processed via ARUPDATE for interstate transaction.

  • IGST-Intrm: Select this option for an interim entry against an advance or for an invoice received against an order and processed via ARUPDATE for interstate transaction.

  • IGST-Payable: Select this option for payable entry against an advance.

• State GST

  • SGST-Final: Select this option when an invoice is received against an order and processed via ARUPDATE for Intrastate transaction.

  • SGST-Intrm: Select this option for an interim entry against an advance or when an invoice is received against an order and processed via ARUPDATE for Intrastate transaction.

  • SGST-Payable: Select this option for a payable entry against an advance.

• Central GST

  • CGST-Final: Select this option when an invoice is received against an order and processed via ARUPDATE for Intrastate transaction.

  • CGST-Intrm: Select this option for an interim entry against an advance or when an invoice is received against an order and processed via ARUPDATE for Intrastate transaction.

  • CGST-Payable: Select this option for a payable entry against an advance.