Tax settings:
3 Different taxes in
India:
Go to Settings
-> Tax Rate setting.
1. Create a tax with
name CGST@10% and Tax Rate %: as 10. (10% is for example only, use the tax rate
applicable)
2. Create a tax with
name SGST@10% and Tax Rate %: as 10. (10% is for example only, use the tax rate
applicable)
3. Create a tax with
name IGST@14% and Tax Rate %: as 14. (14% is for example only, use the tax rate
applicable)
4. Below Tax rate, it
shows “Tax groups ( Combination of multiple taxes )”. Create on Add, enter the
tax group name as Intra-State-CGST-SGST and select sub-taxes CGST@10% &
SGST@10%.
5. Below Tax rate, it
shows “Tax groups ( Combination of multiple taxes )”. Create on Add, enter the
tax group name as Inter-State-IGST, and select sub-taxes IGST@14%.
More
Details here
With this now when you
purchase or sell a product you can select the applicable tax.
Displaying HSN Code for items (For some businesses)
1. HSN code depends on
the category of a product.
2. Go to Settings -> Categories, click on “Add”. Add category name and
category code. Category code is same as HSN code.
3. To display HSN code in invoice – Go to Settings -> Invoice Settings ->
invoice layouts. Add/Edit invoice layout and click on ” Show category code or
HSN code”. Save it. Assing that invoice layout to your business. More details here
Setting up invoice format for GST
Check the details guide
on invoice format & designs
1.
To display the summary
of tax in the invoice – add the label for “Tax Summary Label”
2.
To see inline tax try
using the columnized tax design or detailed design or Elegant or classic as per
your need.
Above is comprehensive
documentation as per our knowledge on using Ultimate POS for Indian users, do
check it out.
GST Purchase & Sell Report:
1.
Open pos/.env file
2.
Go to the end of the
file, in a new line add ENABLE_GST_REPORT_INDIA=1
3.
Save & close the
.env file
4.
Login with admin and
you’ll see GST purchase report & GST sales report under the reports menu in
left navigation.
