Webtel Functionalities..

Receipt voucher guidelines 17-5-17

18% GST on advance money

Finsys Journal Voucher Bank Debit 10 lakh To Customer Account 10 lakh Customer Debit 1.80 lakh To GST payable Account 1.80 lakh

E Way Bill Rules

E Way Bill Number Must for every shipment over Rs 50000 Solution in Premium Model Finsys screen for making the invoice Uploads to webtel ( internally automatically ) Uploads to GSTN via the GSP Generates the EBN : Role of GSTN Downloads from GSTN via the GSP EBN Downloads from webtel to Finsys ( internally automatically ) Finsys prints the invoice with EBN

E Way Bill Number : CD Model Solution in CD Model Finsys screen for making the invoice Export data to Excel Enter data into Webtel manually Uploads to GSTN via the GSP Generates the EBN : Role of GSTN Downloads from GSTN via the GSP Enter EBN into to Finsys - manually Finsys prints the invoice with EBN

New Ideas

Sales Orders : New Taxation Concept This is a new idea we are creating ( Beta version) No need of CGST / SGST / IGST flag … It will come automatically from the Master files No need of CGST / SGST / IGST RATE… SO printout, calculation will be picked automatically Invoice calculation and printout, calculation will be picked automatically

SO Print

SO Print

Idea, advanced… in process

Migration towards a A4 paper Laser Printed Invoices Once upon a time, when the computerization started in India, in 1980’s, Dot Matrix Printers were brought into use. Laser Printers did not exist in 1980’s and were also very costly.  

Year 2017 But Times have now changed, today 502 out of 525 factories (of our clients) Invoices are in NEAT format / Laser Jet Printer. We shall give the GST invoice in Laser printing facility only in the Govt format.

This is the New invoice 2017 GST

Every information, and as the law evolves…. It is right there

Some FAQ from the ICAI and answers in Finsys 12/1/2018

FAQ from ICAI : Bill with both Goods and Service

Example : Supply of Machine and its installation Charges Finsys suggests, make separate invoice for goods and services, since FAQ says so, this is easy for finsys user too, rates are different, place of delivery could be different Get the Sales order also with a breakup, if that is possible.

Next : Law regarding “regular” Continuous services example AMC Billings… retainerships

Comments One cannot received just an advance One cannot delay making the invoice Law is “whichever is earlier” So, each person, make invoice in time So, simple accrual method Easy to implement Easy to understand and reconcile

FAQ from ICAI : MRP based Excise ?

Point to Remember for PO In the GST regime, The Taxation rule is as under Inter State Purchase If the Home state is Haryana, Vendor state/shipping location is Maharashtra Then vendor will charge us IGST only Local “within State Purchase” Vendor state/shipping location is also Haryana Then vendor will charge us combination of CGST + SGST 12/1/2018

Go to 'Purchase Module', to Make GST P.O

Showing State Name As We Linked In Party Master Purchase Order with IGST Calculations, Calculations are Automatic on the Logic Of State Master Linked In Our Branch Master and Customer Account Branch Mater All Calculations are Automated Showing State Name As We Linked In Party Master Showing State Name As We Linked In Party Master Fill Qty & Rate of Items, GST Calculation Will Show Automatically Fill Qty & Rate of Items, GST Calculation Will Show Automatically

Showing State Name As We Linked In Party Master Fill Qty & Rate of Items, CGST & SGST Calculation Will Show Automatically 12/1/2018

PO Printout required

PO close up ( see the tax rates coming automatically)

PO , top left side

PO – terms and conditions automatically

Bottom Right of the PO

Next Topic 12/1/2018

The MRR

The MRR Screen 2

Purchase Voucher automatic

GST Ledger Accounts ( as usual normal Finsys )

GST – ITC Entry ( Modvat taking)

Finsys and Webtel… Together in propelling your Growth 12/1/2018