SAP Stock Transfer (STO) GST FAQ
Will STO depend on the tax code between two separate registration numbers?
No. The tax code for invoice receipt will be fetched from STO PO.
Will STO depend on the tax code between the same registration numbers?
No. in accordance with the current Draft Model GST Law, there is no tax is applicable here.
What is the process of clearing the balances of vendor line item and customer line item, in a STO scenario?
Post MIGO, the customer and vendor accounting gets cleared, during the process of capturing the GST Invoice from the sending plant,
Does SAP provide the moving average price for STO?
The moving average price is determined on the basis of the customer definitions.
Is there a suggested process for SAP specifically meant for asset transfer with STO and for capturing the HSN code as well?
There is no standard process for transferring of assets and suggested to do the manual FI posting.
How will the taxes be populated in the interstate STO? How will the stck determination take place, in case of stock transfers
SAP – The related note is delivered from SAP.
Input tax credit mechanism for each category i.e. STO, purchases & import transaction
SAP – Input tax credit is now grounded on the information available in GSTN. SAP Will deliver the SAP Digital Compliance App, which is entirely a cloud based solution.