Does SAP offer different fields for storing GST Partner, HSN/SAC code, or Place of Supply in FI postings for the purpose of tax reporting?
Yes. Only FB60, FB65, FB70, FB75 shall be containing these fields.
How is SAP to support the GST for FI in case the MM and SD module is not being used?
In such cases, FB60, FB65, FB70, FB75 will be put to use.
Are we required to use FI direct tax codes for Tax access sequence (FB60/65/70/75)?
All FI transactions are Tax code based.
Why are all the new fields like HSN/SAC, GST partner not visible in FB03 and FB01 screen (FI document display level)?
We are supporting only the FB60, FV60, FB65, FV65, FB70, FV70, FB75 and FV75. For GST, no other direct FI transactions are support for GST.
Auto clearing of input tax credit clearing accounts
SAP – Auto clearing does not take place. The amounts are posted only to the relevant GL accounts.
Clearing of intermediaries’ accounts – Credit of tax charged on STO
SAP – GST is applicable on the occasion of inter state STO. This will be uploaded as an invoice into GSTN with all the appropriate information.
Auto clearing to SGST post payment ,clearing accounts IGST,.
SAP – All the appropriate amounts will be posted to the GL accounts. The feature of auto clearing is not available