GST is one indirect tax for the whole nation, which will make India one unified common market. There is a huge impact on industry and business due to this. We have summarise how and where this impact will be covered in your Microsoft Dynamics NAV ERP. For more information, you can reach us at inoday.com

1. Microsoft dynamics nav 2009
Goods &
service
tax
20TH July 2017

2. 2
GST
IMPLEMENTATION
ROADMAP
• Introduction
• GST Setup
• Master Setup
• Customization
• Ledger Entry Impact
• Invoicing Impact
• Impact on Purchase
• Impact on Sales
• Input Credit Flow
• Accounting Entries

3. 3
INTRODUCTI
ON
Goods and Service Tax (GST) is an indirect tax levied on supply of goods or services or both.
It is a destination/consumption based tax levy which is payable in the state in which the goods and
services are consumed.
It is levied and collected on value addition at each stage of production or distribution process (all
points in supply chain).
The supplier can avail credit on input tax credit paid on procurement of goods or services.
It extends to the whole of India (One India One Tax)

4. 4
GST SETUP
• GST Accounting Period
• GST Group
• GST Components
• GST Setup
• GST Posting Setup
• GST Configuration
• GST Registration Nos
• HSN/SAC
• State/Province
• GST Component Mapping

5. 5
Masters Setup
• Item Master
• Fixed Asset Master
• G/L Account Card
• Vendor Master
• Customer Master
• Company Information
• Location Master
• Service Cost

6. 6
Customization
• Purchase Header
• Purchase Lines
• Sales Header
• Sales Lines
• Service Header
• Transfer Lines
• General Journal Lines
• Vendor Ledger Entry
• Customer Ledger Entry
• Service Transfer Header
• Shipment Lines
• Receipt Lines
• Delivery Challan Header
• Delivery Challan Line/GST
Liability Line

7. 7
GST Ledger
Entry
Fields Description
Entry No. Displays the entry number.
Gen. Bus. Posting Group Displays the general business-posting group to which the transaction pertains.
Gen. Prod. Posting Group Displays general product posting group to which the transaction pertains.
Posting Date Displays the date on which the transaction is posted.
Document No. Displays the document number.
Document Type Document type is Payment, Invoice, Credit Memo, Transfer or Refund.
Transaction Type Displays whether the transaction is a sale or purchase.
GST Base Amount Displays the base amount on which GST percentage is applied.
Source Type Customer/Vendor.
Source No. Vendor No/Customer No
User ID Displays the user ID of the user who posted the transaction.
Source Code PURCHASES, SALES, GENJNL, BANKPYMT etc.

8. 8
Invoicing
Under GST
Fields Description
Tax Invoice Registered taxable person at the time of supplying taxable goods or
services.
Self Invoice Registered taxable person who is liable to pay tax under reverse
charge for goods or services purchased from a person who is not
registered under GST
Bill of Supply Registered taxable person supplying exempted goods or services
Credit Note Credit Note is issued by the supplier of goods or services
Debit Note The supplier of goods and services issues debit Note
ISD Invoice ISD Invoice is issued by an Input Service Distributor
Receipt Voucher Acknowledging receipt of advance payment
Refund Voucher Subsequent to issuance of receipt voucher

9. 9
GST Impact
Purchase
• Purchases from a Registered Vendor
• Composite Vendor
• Unregistered Vendor
• Exempted Vendor

10. 10
Input Tax Credit
Flow
• Input Tax Credit Flow in Purchases
• GST Credit in NAV
• Purchases from a Registered Vendor
• Unregistered Purchases & Import of Services
• Import of Goods
• Accounting Entries for Purchase Transactions
• Entries for Purchases from a Registered Vendor
• Entry for purchases from a Composite Vendor & Exempted
Vendor
• Entry for Import of goods with Credit
• Entries for purchase of goods from an Unregistered Vendor

11. 11
Input Tax Credit
Flow
• TDS & GST on Purchase Transactions
• TDS computation in Purchase Invoice and Accounting Entries
• TDS Computation in Purchase Invoice (Reverse charge) and
Accounting Entries

12. 12
GST Impact On
Sales
• Business to Business Sales
• Business to Customer Sales
• Export Sales
• Deemed Exports
• Exempt Sales
• Sales through an e-commerce
operator
• Price Inclusive Tax

13. 13
Accounting Entries
• Normal Sales Entries
• Export Entries
• Exempted Sales
• GST & TCS in Sales

14. 14
NEXT STEP
We can schedule a meeting with our NAV Technical and Functional team to discuss
business requirement as:
1. Line of Business
2. Business Flow
3. Current Application and Its Setup
4. Roadmap
5. Timeline
The GST implementation is an important and significant modifications of TAX and localization of your ERP, detailed
discussion with finance and technical consultant is necessary to avoid any rework and mistake. We recommend that
you contact your Microsoft Dynamics Partner before installing service packs or hotfixes.

15. 15
THANK YOU