Check For Same HSN Assigned Against Multiple Tax Accounts in JV

YouTube: How to Enable HSN Breakup by Tax / GST Account in GST Returns?

How to Enable HSN Breakup by Tax / GST Account in GST Returns?

In this tutorial, we will learn how the "Check For Same HSN Assigned Against Multiple Tax Accounts in JV" feature works during GST Return generation in Logic ERP. This feature ensures that Journal Voucher transactions containing the same HSN Code mapped to multiple GST Tax Accounts are reported separately according to their respective tax rates, resulting in more accurate GST and HSN-wise reporting.

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Objective of This Feature

• Separate GST reporting based on tax rates.

• Improve HSN-wise GST reporting accuracy.

• Prevent consolidation of transactions having different tax rates.

• Ensure proper reflection of GST data in returns.

• Maintain compliance with GST reporting requirements.

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Access to GST Returns Configuration

• Navigate to Reports/Queries and then Sale Registers.

• Select GST Reports/Returns.

• Open GST Returns Module.

• Click on Configuration and open Configuration Settings 2.

• Locate the option labeled as:

"Check For Same HSN Assigned Against Multiple Tax Accounts in JV"

• This option controls how Journal Voucher transactions are reported when the same HSN Code is linked to multiple GST Tax Accounts.

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Review the Journal Voucher Entry

• Before generating the GST Return, let's review a Journal Voucher transaction.

In the Journal Voucher:

• The same HSN Code has been assigned to:

  • GST Purchase 5% Tax Account

  • GST Purchase 18% Tax Account

Observation

• Although the HSN Code is the same, different GST Tax Accounts and tax rates are being used within the transaction.

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Generate GST Return with the Feature Disabled

Action

• Open the GST Returns window.

• Select the required Return Type. (GSTR - 2)

• Enter the relevant Date Range.

• Click Generate.

Result

Since the feature is disabled:

• The Journal Voucher transaction is consolidated.

• Entries with the same HSN Code are merged into a single record.

• Tax-wise separation is not maintained in the GST Return.

Impact

The GST Return displays a single consolidated entry even though multiple GST Tax Accounts were used.

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Generate GST Return with the Feature Enable

Action

• Return to the GST Returns Configuration window.

• Enable: "Check for Same HSN Assigned Against Multiple Tax Accounts in JV"

• Save the configuration.

Generate GST Return Again

• Select the same Return Type.

• Enter the same Date Range.

• Click Generate.

Result

After enabling the feature:

• The system identifies that the same HSN Code is linked with multiple GST Tax Accounts.

• Transactions are reported separately according to their respective GST rates.

For example:

HSN Code	Tax Account	GST Rate
Same HSN	GST Purchase 5%	5%
Same HSN	GST Purchase 18%	18%

Impact

Instead of a single consolidated record, separate entries are created for each GST Tax Account and tax rate combination.

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Key Benefits

• Improves HSN-wise reporting accuracy.

• Maintains tax-rate-wise segregation.

• Prevents incorrect consolidation of GST data.

• Enhances GST reconciliation.

• Supports accurate GST Return preparation.

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Best Practice Tips

• Enable this feature when the same HSN may be used with multiple GST Tax Accounts.

• Review Journal Voucher entries for correct HSN and GST account mapping.

• Verify HSN-wise summaries before filing GST Returns.

• Use this setting to improve the accuracy of GST audit and compliance reports.

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Final Outcome

When "Check For Same HSN Assigned Against Multiple Tax Accounts in JV" is enabled, Logic ERP separates Journal Voucher transactions containing the same HSN Code across multiple GST Tax Accounts and reports them individually according to their respective tax rates. This ensures accurate GST Return generation, proper HSN-wise reporting, and better compliance with GST reporting requirements.