Skip to main content

Latest Update for India GST - #msdynav.

Hi Readers,

This is a quick article about changes in Goods and Services Tax in Dynamics NAV 2016.

With latest cumulative update Microsoft have released update for India version which includes a Application change related to  GST Changes.

In this article we will understand about the update and How partners should apply this hotfix for customers in #msdynav.

Version - Dynamics NAV 2016.

Description of Change - 

  • GST Section 20-7 Introduced
  • GST Section 20-6 modified

Title - 

  • An inconsistency occurs when you post a cash payment voucher with TDS (tax deducted at source) in the Indian version.
  • Error message displays when you apply a payment with TCS to a sales invoice in the Indian version.
  • TDS (tax deducted at source) is not correctly calculated when multiple advance payments are applied against the single invoice in the Indian version.
  • Incorrect TDS values are in the Statistics and TDS ledger entries in the Indian version.
  • GST for SEZ (Special Economic Zone) customer should be collected from the customer in certain scenarios, rather than being debited from IGST account in the Indian version.
  • TCS is calculated on bill-to customer not on sell-to customer in the Indian version.
  • TCS threshold should be on the sales realization in the Indian version.

Impacted Objects - 

  • Table - 18|25|36|37|81|110|112|114|5107|16419|16470|16482|16507|16514
  • Codeunit - 12|13|80|90|16401|144057|144068
  • Page - 21|39|41|42|43|44|130|132|134|232|253|255|507|6630|16414|16419|16425|16517|16569|16579
  • Report - 16518

New Objects -  Two New objects have been added through this update. Licensing refresh is required.
  • Table - 16482
  • Page  - 16425

Hope this articles helps you to apply the GST Fix for customers if they use that feature.

Stay tuned for more.

Regards,
Saurav Dhyani
Labels:
Location: House No. 1, Shivlok Colony, 2, near Himalayan Academy Post Office, Shivlok Colony, Sewla Kalan, Majra, Dehradun, Uttarakhand 248171, India

Comments

Post a Comment

Popular posts from this blog

VIEW SERVER STATE permission on SQL Server?

Hi all, Sometime While trying to Login into a database we face an error message as shown below. --------------------------- Microsoft Dynamics NAV Classic --------------------------- You cannot start Microsoft Dynamics NAV Classic because you do not have the VIEW SERVER STATE permission on SQL Server. Contact your system administrator. --------------------------- OK    ---------------------------
10 comments
Read Complete Article »

RTC Report It is not possible to instantiate the Visual Studio bridge.

Hi all, As a Navision developers I have Multiple Versions of Navision running in single Machine. As discussed Earlier in the post how to run multiple Version of RTC in single machine. So my machine have following details for RTC Versions - NAV 2009 R2    - is installed. NAV 2009 SP1  - is copied at C:\Program Files (x86)\Microsoft Dynamics NAV\60\NAV 6.0 SP1 IN\ NAV 2009         - is copied at C:\Program Files (x86)\Microsoft Dynamics NAV\60\NAV 6.0 IN\ This approach has been working great for execution of Classic and RTC Clients. However, after installing Dynamics NAV 2009 R2, if i tried to view the Layout for an NAV 2009 SP1 Report i was getting the following error: ---------------------------  Microsoft Dynamics NAV Classic  ---------------------------  It is not possible to instantiate  the Visual Studio bridge.  ---------------------------  OK    --------------------------- After searching for the error i figured out the issue was due to - Design change in NA
4 comments
Read Complete Article »

NAV 2013 R2 - Cumulative update 12 Released.

Hi all, Please find below the details of  Cumulative Update 12 released for Microsoft Dynamics NAV 2013 R2. Title - Cumulative Update 12 for Microsoft Dynamics NAV 2013 R2 Build No. - 38053 Release Date - October, 2014 Local Version Included - AU, AT, BE, CH, DE, DK, ES, FI, FR, IS, IT, NA, NL, NO, NZ, SE, UK, RU Download Link Note: Implementing this cumulative update will require a database conversion unless you have already implemented update rollup 5.
Post a Comment
Read Complete Article »