Introduction:
There are various scenarios in Indian GST on different type of transactions.
Nav 2016 CU Update 30 contains new functionality by which we can do GST transaction on general Journal. It gives us functionality by which we can book direct Invoice. We can do GST Transaction against Party by using general journal.
Party Master:
Transaction:
In the above scenario we can see that we had selected Party Type and Party Code for booking bill for G/L Account with highlighted GST Parameters.
After that we have to click on “Calculate GST” Function on Action Tab of General Journal as shown in above Image to Calculate GST for the Transaction.
Preview Posting Transaction
Finally, Post the transaction
