Purchase Tax Selection
YouTube: How to Enable Filters for Purchase Tax / GST Input Accounts in GST Returns?
How to Enable Filters for Purchase Tax / GST Input Accounts in GST Returns?
In this tutorial, we will learn how the Purchase Tax Selection feature works during GST Return generation in Logic ERP. This feature allows users to specify particular Purchase Tax Accounts that should be considered while generating GST Returns, ensuring that only relevant purchase tax transactions are included in the report.
Objective of This Feature
Filter GST Return data based on selected Purchase Tax Accounts.
Include only relevant purchase tax transactions in GST reports.
Improve GST reporting accuracy.
Simplify GST reconciliation and verification.
Provide greater control over GST Return generation.
Access to GST Returns Configuration
Navigate to Reports/Queries and then Sale Registers.
Select GST Reports/Returns.
Open GST Returns Module.
Click on Configuration.
Locate the option labeled as:
"Purchase Tax Selection"
This option allows you to define which Purchase Tax Accounts should be included during GST Return generation.
Observe the Default Behavior
Default Configuration
Currently, no Purchase Tax Account has been selected in the configuration.
Action
Select the required GST Return Type.
Enter the relevant Date Range.
Click Generate.
Result
Since no Purchase Tax Account has been selected:
The system includes transactions from all Purchase Tax Accounts.
GST Return data is generated using all eligible purchase tax transactions available within the selected period.
Select Purchase Tax Accounts
Action
Return to the GST Returns Configuration window.
Open the Purchase Tax Selection option.
Select the required Purchase Tax Accounts.
Save the configuration.
Generate GST Return Again.
Select the required GST Return Type.
Enter the relevant Date Range.
Click Generate.
Result
The system now filters the GST Return data and includes only those transactions that are linked to the selected Purchase Tax Accounts.
Transactions associated with non-selected Purchase Tax Accounts are excluded from the GST Return.
Key Benefits
Provides account-wise control over GST reporting.
Improves return accuracy.
Excludes irrelevant purchase tax transactions.
Simplifies GST verification and reconciliation.
Supports better compliance and reporting practices.
Best Practice Tips
Review Purchase Tax Account selections before generating returns.
Ensure all GST-relevant Purchase Tax Accounts are properly mapped.
Verify the generated GST Return data before filing.
Periodically audit account configurations to maintain reporting accuracy.
Final Outcome
The Purchase Tax Selection feature enables Logic ERP to generate GST Returns using only the transactions associated with selected Purchase Tax Accounts. This helps organizations maintain accurate GST reporting, improve reconciliation processes, and ensure that only relevant purchase tax transactions are reflected in the final GST Return.
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