RE: GST rate increase from 7% to 8%.
With the transition, how could we control the Sales Pre-payment G/L account with the correct GST.
While converting the GST setup using Rate Change setup, sales pre-payment G/L account 215500 caused the process to stop. We filtered out the G/L a/c and try to change the GST product posting group of G/L account 215500. Validation Results: You cannot change the GST Prod. Posting Group on account 215500 while Sales Header: Order xxxx is pending prepayment.
A test on Sales Order prepayment posting show that the prepayment posting get the GST rate from the GL account and not the sales document.
Below is our process for pre-payment.
All 2022 pre-payment are invoiced at GST rate of 7%.
From 2023 onwards, the pre-payment invoice will be invoiced at 8% GST.
We accept payment for 2023 subscription in 2022 with prepayment invoice using Sales Order.
We will invoice the subscription as and when the delivery are perform in 2023.
With the outstanding prepayment invoice, we can't change the GST rate for the new prepayment invoice.
Any solution?
