Jira code: ME-87
GST
Vendor record
1.Under financials:-
Registration type:- Regular/Composite dealer/SEZ/Unregistered/Overseas
PAN availability:- Available/Applied/Invalid/Not available.
Non-Resident Indian:- Check this box if your vendor is a non-resident Indian.
Permanent Account Number:-(10 digits)
Default tax registration number:- Can be selected after giving tax registrations details.(15 digits)
2.Tax registrations:-Country , State , Nexus , Address and tax registration number
If there is no PAN number , netsuite will ask for reference number. It can be any number that helps you to identify your vendor.(any id number)
Customer record
1.Under financials:-
Registration type:- Regular/Composite dealer/SEZ/Unregistered/Overseas
E-commerce operator:- Check this box if your customer is an E-commerce operator.
Default tax registration:-Can be selected if the details are given under tax registrations(15 digits)
2.Tax registrations
Country , tax ,nexus , address , tax registration number
Item record
Accounting>India tax hsn or sac code (select the code)
Non – GST supply:-Check this box if the item is non-GST supply.
Select the Unique quantity code(UQC)
Purchase order
1.Select the vendor , location and place of supply.
2.Select the item and give details(qty and rate). HSN code will auto populate as it had set in inventory record.
3.Save the PO.
PO will display the tax amount with purchase price.
Sales order
1.Select the customer and location. Place of supply will auto populate when we select customer.
3.Select item and give details(qty and rate). HSN code will auto populate as it had set in inventory item.
4.Save the sales order.
Sales order will display the tax amount with sales price.