5 Steps to automate Indian GST in ERPNext

Automating GST just got simple - here is the 5 Step guide to automate your GST Invoicing effectively.

GST is an indirect tax levied upon the supply of goods and services, from manufacturing to sales, it covers all the stages till it reaches the end-user making the tax system simple from what it was before.

Classification of GST:

1. CGST: Central GST - for Central Government (Intra-State)
2. SGST: State GST - for State Government (Intra-State)
3. IGST: Integrated GST - for Central Government (Inter-State)

While making a sale within the state, the tax is divided between Central and State Government (CGST+SGST), whereas when sold outside the state, the tax goes only to Central Government (IGST).

There are currently six main tax slabs of GST which covers different goods and services offered, it can be hard to keep a track of all the transactions which are Inter-State or Intra-State along with what taxes to apply on.

To ease things out and automate these processes, we at Frappe have made a good and an efficient way to configure the taxes in ERPNext in 5 simple steps.

1. Update your company’s and client’s addresses
2. Configure your GST accounts
3. Create different Tax Slabs
4. Classification of Inter-State and Intra-State Taxes
5. Configuring Invoice Templates