Bet SAP training in noida

Posted by ruchika on November 16th, 2018

As sales Department being most important in an organisation being only department to generate revenue for an organisation, so is SD module in SAP and its importance lies in fact that all configuration and customization for sales and distribution starting from sales order creation, shipping, delivery, billing and post billing activities are done in this module. Further this module works in close integration with other important modules I.e. FI, CO, PP and MM. SAP SD includes some of major customization like PRICING, TAXES, GST, REBATES, Cross Company sales & Inter Company Sales, Credit Management.

SAP SD Module further add on for business intelligence to increase sales by studying customer regular buying behaviour, and time or period in which buying quantity and customer buying behaviour changes.Based on buying behaviour promotional schemes and offers are introduced for different customers, customer groups, and time or period when promotional schemes and offers to be introduced.

GST in SAP

Recently GST has been introduced by Indian government as a reform to have a single unified tax policy. GST stands for Goods and Services Tax introducing this replaced many other different types of indirect taxes. As taxes being implication of SAP SD in pricing so now in India, we are using GST as a customization and configuration in implementation. With introduction of GST, CIN gets outdatedmeaning taxes like VAT, Octroi, local government taxes, and other taxes will not be in any use. Instead we have to configure 3 different condition types IGST (Integrated GST), SGST (State GST), and CGST (Central GST) as part of implementation.

Business process where we can see impact of introducing GST while implementation is:

1)    Sales order, sales invoices, billing schedule, Debit notes, Credit notes (i.e. Sales Process or O2C cycle).

2)    Pricing Procedure and Tax Calculations.

3)    Purchase order, Purchase invoices (procurement process or P2P Cycle).

4)    Stock Transfer/Transport Order or process.

Other than these other areas of different modules will also be impacted like in FI and MM modules.

1)    In Financial accounting GL Accounts(separate GL accounts need to be maintained for SGST, CGST, IGST).

2)    Impact also comes to Account payables and Account Receivables.

3)    Further impact and changes come to customer master records and

4)    Vendor master records.

5)    Material master records (as different goods and services have different categories of GST rates in %).

For companies still using TAXINJ tax determination process, have to move from TAXINJ to TAXINN tax determination concept. Earlier TAXINJ used is based on concept of formula-based tax determination while on other hand TAXINN is condition based tax determination. So, it will require new tax computation based on different GST rates and different material or product category and group. And further improvement and changes for sequential numbering for every incoming and outgoing invoice for all purchases and sales processes. For this need to identify tax base, next tax rate slab in which material is fitting for GST. Further, you need to link your SAP to GSTIN, so that all your bills and invoices can be uploaded to the GST network. There are few changes need to configure in SAP ERP. You will have to reconfigure your tax calculation procedure, adopt a progressive method to number your invoices, and ensure that invoices are maintained correctly.

Skyinfotech training Noida is leading and renowned institute for sap Training Institute in noida, operating in the training industry for more than 18 years.skyinfotech noida training provides a wide variety of courses and proved to be a pioneer in training and certifications courses. It is the best training institute having the best faculty in the industry rendering services to students. More than 18 year of experience in the industry skyinfotech is a leader in the training industry for helping students to make career IT industry. We focus on giving practical learning to candidates so they can make a strong presence in the real world challenges and have practical experience of working with this system. Skyinfotech training at noida can proudly declare themselves as the best training institute for sap erp training. We will help you learn the key concepts, latest trends, and best practices in sap.

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Sky InfoTech  
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ruchika

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ruchika
Joined: November 14th, 2018
Articles Posted: 26

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