Analysis on GST Credit option and its impact over corresponding GLs | GST Credit: Availment or Non-Availment functionality in Dynamics ERPs!

Analysis on GST Credit option and its impact over corresponding GLs | GST Credit: Availment or Non-Availment functionality in Dynamics ERPs!

Agenda of the Video: Testing & Analysis on impact of corresponding GLs who are affected from the "GST Credit" option, selection may be either Availment or Non-Availment.br ✨Software Platform: Microsoft Dynamics Navision (NAV) and Business Central (D365BC).br ----------------br ✅Hint 1: We are testing some test casesscenarios here for claiming ITC (Input Tax Credit).br ✅Hint 2: You may check ✔️GSTR-Reports also.br --------------------------------------------------------------------------------------------------------------------------------------------------------------br TEST CasesScenarios are based on some sample TransactionsEntries:br (1) Purchase Invoice Document, here Select Type = Service GL (Expenses).br (2) Purchase Invoice Document, here Select Type = Item.br --------------------------------------------------------------------------------------------------------------------------------------------------------------br To Test on after selection effects on “General Ledger Entries” related with Item or Service GL Account.br In Standard Concept there are two options under GST Credit:br Eitherbr [1] Availment = For Claiming Input Credit (Activate this option via Masters; Item or GL Card when you want to Fix it for Every EntryTransaction).br ORbr [2] Non-Availment = When Not Applicable or Not required for your CaseScenario (Activate this option via Masters; Item or GL Card when you want to Fix it for Every EntryTransaction).br In this ExampleScenario:br We are using “Purchase Invoices” in Dynamics NAV & D365BC. Using Purchase Invoice Document Lines, we can select between both of the “GST Credit” available options i.e., either Availment or Non-Availment.br Purchase Invoice Document- Purchase Lines- GST Creditbr So, I am trying here to test the ImpactResult of selecting any one option from above.br --------------------------------------------------------------------------------------------------------------------------------------------------------------br #d365bc, #DynamicsNavision, #gst br --------------------------------------------------------------------------------------------------------------------------------------------------------------br ✴️✴️✴️✴️✴️✴️✴️✴️✴️✴️✴️✴️✴️✴️✴️✴️br ===============================================================================br This platform has been designed to provide easy solution via Freelancing on those issues which are related with Dynamics ERPs. It also includes Vlogging, Discussion on Concept based Scenarios, OnlineOn-Remote Short Solution for Pre & Post implementation of ERP Software. We are providing Support Services & Suggestion after Post-Implementation (on pre-payment basis).br ------------------- ------------------------ -------------------- ----------------------- --------------------- ------------------br Here, using this platform, I am trying to provide solution on support related issues. So, why are you waiting for.


User: Freelancer Madhavi

Views: 9

Uploaded: 2023-07-14

Duration: 25:54

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