AUTOMATIC has successfully executed 17 GST Migration Projects for our Indian Customers!!

 

The Goods and Services Tax (GST) is an indirect tax which was introduced in India from July 2017 and was applicable throughout India which replaced multiple cascading taxes levied by the Central and State Government. GST is considered as the reform of the century in India and is expected to streamline and substantially ease doing business in India.  However, for this, the organizations need to first get this processes and systems organized and GST compliant.

 

With changing business requirements and statutory regulatory requirements keeping GST Migration in place, SAP provided SAP customers with newer notes and required system pre-requisites for the notes to be implemented.

 

SAP system upgrade and GST migration projects are complex activity and needs meticulous planning and professional project execution. Customers expects a minimum system downtime, a smooth transition and successful system upgrade and GST migration while making sure that the existing SAP system usage is not disturbed.

 

How can we help you migrate your SAP system to GST?

 

Our team of SAP techno-functional consultants works closely with the customer’s SAP team during the entire SAP system upgrade and GST migration project life cycle by following the steps below:

  • Thorough audit of the customer SAP system for GST compliance / readiness
  • Identification of the correct/minimum required SAP system versions / patches
  • Project planning
  • Analysis of the SAP upgrade on the existing developments (program changes / modifications)
  • Operating system, database and SAP version upgrade required
  • SAP Note implementation
  • SPDD / SPAU modification adjustments
  • Functional testing
  • Key user / end user training on new functionalities
 

Advantages of Automatic’s GST Readiness / Migration Services:

  • Collaborative approach to ensure professional project planning and execution
  • Reduction of burden on your internal IT team
  • Better calculation of time and efforts required for the project using our proven analysis tools
  • Experienced team to walk through with you during the entire project life cycle 

GST compliance requirement 

GSTR Reporting

GSTR 1 is a monthly return of outward supplies. It is a return showing all the sales transactions of a business. Every business registered under GST; have to file the GSTR 1. GSTR1 return is to be filed by the 10th of every subsequent month.

According to GST law, every registered taxable person is required to submit “Return for Inward Supplies” in GSTR 2. The entries in GSTR 2 shall be reported by the buyer from 12th to 15th of the succeeding month. Adjustments, if any, are allowed to the seller in GSTR 1A on the 16th and 17th of the succeeding month after the buyer has uploaded his GSTR 2.

e-Invoicing

Issue of e-invoices by the taxpayers registered under GST having a turnover above Rs. 500 crores has been notified on 13th Dec 2019. It is optional to issue from 1st Jan 2020 and mandatory from 1st October 2020. These notifications have been issued followed by the decision taken in the GST Council in its 37th GST Council Meeting. Now, businesses with turnover of Rs. 500 crore or more would start e-invoicing on voluntary and trial basis from February 1, 2020.

e-WAY Bill

E-Way Bill is an Electronic Way bill for movement of goods to be generated on the e-Way Bill Portal. A GST registered person cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without an e-way bill that is generated on ewaybillgst.gov.in.

Alternatively, E-way bill can also be generated or cancelled through site-to-site integration through API.

When an e-way bill is generated, a unique E-way Bill Number (EBN) is allocated and is available to the supplier, recipient, and the transporter.

The Client has expressed interest in deploying Automatic’s GST Reporting cockpit which includes E – Invoicing, E – Way Bill Solution along with GSTR 1 and GSTR 2 solution for the GST compliance. Subsequent parts of this document cover the solution details and the commercials. 

Automatic’s SAP e-Invoicing and e- Way Bill cockpit

 In this section, we describe the functionalities and features of Automatic’s SAP GST Reporting cockpit.

Functional overview

GSTR Reporting:

The packaged solution provides following functionalities for the end customer:

  • Cockpit Customization
    Customer specific data / parameter mapping (for e.g. document types relevant for scenarios)
  • Data generation for GSTR reporting
    Extraction of data from Sales, Purchase and Accounting billing documents of various types along with related information
  •  Data export to external / GSP systems through
    • API Calling ( of GSP)
    • Excel
    • XML (Web-service enabled)
    • JSON (Web-service enabled)
  • Transmission and processing LOGs 
    • Information about the validations (within SAP / at GSP) and the validation LOGs

e-Invoicing cockpit:

The packaged solution provides following functionalities for the end customer:

  • Cockpit Customization
    Customer specific data / parameter mapping (for e.g. document types relevant for scenarios)
  • Data generation for e-Invoicing
    Extraction of data from Sales and Accounting billing documents of various types along with related information
  •  IRN generation
    • Export of the generated invoice information (in the pre-defined format) to the external GSP / folder
    • In case of GSP interface, receipt of the generated IRN and storage of IRN / QR code with reference to the invoice document in SAP
  • IRN cancellation
    Cancellation of E-Invoice
  • Data export to external / GSP systems through
    • API Calling ( of GSP)
    • Excel
    • XML (Web-service enabled)
    • JSON (Web-service enabled)
  • Transmission and processing LOGs 
    Information about the validations (within SAP / at GSP) and the validation LOGs

e-Way Bill cockpit:

The packaged solution provides following functionalities for the end customer:

  • Cockpit Customization
    Customer specific data / parameter mapping (for e.g. document types relevant for scenarios)
  • Data generation for e-Way Bill
    Extraction of data from Sales and accounting billing documents of various types along with related information
  •  E Way Bill Number (EBN) generation
    • Export of the generated Sales and Sub Contracting invoice information (in the pre-defined format) to the external GSP
    • In case of GSP interface, receipt of the generated EBN and storage of EBN with reference to the invoice document in SAP
  • EBN Cancellation
    Cancellation of E-Way Bill
  • EBN Updation
    Updation of the E-WAY Bill
  • EBN Extension 
    Extension of the E-Way Bill
  • EWB Printout
    Print out of the E-Way Bill
  • Data export to external / GSP systems through
    • API Calling ( of GSP)
    • Excel
    • XML (Web-service enabled)
    • JSON (Web-service enabled)
  • Transmission and processing LOGs 
    Information about the validations (within SAP / at GSP) and the validation LOGs

Contact us on sales@automaticinfotech.com to know more about our SAP GST Migration / Support services.