Indian localization Reverse charge setup in D365FO (Version 8.0. PU23)

(0) Share

Report

Posted on by sunil narvaneni

261

Hi All,

I have configured the Reverse charge of two GL accounts (Interim receivable and Interim Payable). along with Reverse charge percentage

As per my configuration i have posted one entry from General Journal (Expenses..DR and Vendor..CR In tax information selected SAC code)

Then Voucher will be:

IGST Reverse charge Recoverable..DR 18RS

installation charges..DR

Vendor ..Cr

IGST Payable..CR 18RS

----------------------------------------------------------------------------

But User is expecting below entry

IGST Reverse charge Recoverable..DR 18RS

installation charges..DR

Vendor ..Cr

IGST Reverse Payable..CR 18RS

How can we do as per above. Can any one Please suggest me.

Thanks

I have the same question (0)

All responses (6)

Answers (1)

Sort by

André Arnaud de Cal... 304,072 Super User 2026 Season 1 on at

Like (0)

Report
Copy link

Link copied!

Hi Sunil,

Both vouchers are exactly the same. So, what is the current voucher and where is the difference.

Also note that Microsoft is not supporting Version 8.0 PU23 anymore. It would be recommended to stay updated on supported versions.

Was this reply helpful? Yes No
sunil narvaneni 261 on at

Like (0)

Report
Copy link

Link copied!

Thank you @André Arnaud de Calavon

difference is IGST Payable is effecting instead of IGST Reverse charge Payable..

i see the correct entry in 10.8 version PU-32 which is

IGST Reverse charge Recoverable..DR

IGST Reverse charge Payable..CR

Thanks you

Was this reply helpful? Yes No
Verified answer

saurabh bharti 15,045 Moderator on at

Like (1)

Report
Copy link

Link copied!

Hi Sunil,

You need to modify your GST XML configuration. Here are over all steps:

1. Electronic Reporting

2. Tax configuration

3. Select Taxable Document India GST ( Last node which is active)

4. Designer > Select each Component (CGST/SGST/IGST) > Posting > Search for RCM posting and change Debit and credit account as per your requirement

5. Close and Save > Activate > Use this configuration

Now you will have posting as per your expectation.

Was this reply helpful? Yes No
maharaja 50 on at

Like (0)

Report
Copy link

Link copied!

hi Sunil

pls ask user why would they need that IGST reverse charge payable is not need. pls clarify buisness process and need

thanks

Maharaja

Was this reply helpful? Yes No
sunil narvaneni 261 on at

Like (0)

Report
Copy link

Link copied!

Thank you@Saurabh Bharati

Please check below screen i want to edit to change the Debit and Credit account but i am unable to edit.

Thank you

Was this reply helpful? Yes No
sunil narvaneni 261 on at

Like (0)

Report
Copy link

Link copied!

Thank you @saurabh bharati.

I have checked this and working fine.

Was this reply helpful? Yes No