Configuration of Invoicing Elements for Sales in Sage X3

THIS DOCUMENTS REFER’S THE CONFIGURATION OF INVOICING ELEMENTS (FREIGHT CHARGES, TCS) IN THE SALES PROCESS WITH THE PRODUCT TAX LEVEL.

1. BP TAX RULE
2. TAX LEVEL
3. TAX DETERMINATION
4. TAX RATES
5. INVOICING ELEMENTS
6. AUTOMATIC JOURNALS
7. ACCOUNTING CODES
8. IMPACTS

Configuration of Invoicing Elements for Sales in Sage X3

⇒ BP TAX RULE

PATH: COMMON DATA → TAXES → BP TAX RULE

CREATE THE TAX RULE’S AS MENTIONED IN THE BELOW IMAGE (For Example: IGST, SCGST & NOTAX)

⇒ TAX LEVEL:

PATH: COMMON DATA à TAXES à TAX LEVEL

CREATE THE “CGST” TAX LEVEL’S AS PER THE REQUIREMENT (For Example: CGS2.5%, CGS6%, CGS9%, CGS14%)

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CREATE THE “SGST” TAX LEVEL’S AS PER THE REQUIREMENT (For Example: SGS2.5%, SGS6%, SGS9%, SGS14%)

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CREATE THE “IGST” TAX LEVEL’S AS PER THE REQUIREMENT (For Example: IGS5%, IGS12%, IGS18%, IGS28%)

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⇒ TAX DETERMINATION:

PATH: COMMON DATA → TAXES → TAX DETERMINATION

CREATE THE SEPARATE TAX DETERMINATION’S FOR THE INVOICING ELEMENTS (FOR ALL CGST LEVELS)

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CREATE THE SEPARATE TAX DETERMINATION’S FOR THE INVOICING ELEMENTS (FOR ALL SGST LEVELS)

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CREATE THE SEPARATE TAX DETERMINATION’S FOR THE INVOICING ELEMENTS (FOR ALL IGST LEVELS)

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Also Read : Automatic Selection of Taxes based on Sales Site and Customer Delivery Location in Sage X3

⇒ TAX RATES:

PATH: COMMON DATA → TAXES → TAX RATES

CREATE THE TAX RATE’S AS PER THE REQUIREMENT (For Example: CGS2.5%, CGS6%, CGS9%, CGS14%, SGS2.5%, SGS6%, SGS9%, SGS14%, IGS5%, IGS12%, IGS18%)

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⇒ INVOICING ELEMENTS:

PATH: SETUP → SALES → INVOICING ELEMENTS

CREATE THE INVOICING ELEMENTS AS PER THE REQUIREMENT FREIGHT, TCS, INSURANCE (AMOUNT OR PERCENTAGE)

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⇒ AUTOMATIC JOURNALS:

PATH: SETUP → AUTOMATIC JOURNALS → SIHI

SELECT LINES → MAKE SURE ALL THE IND SHOULD BE TICKED IN THE FOOTER LINE.

⇒ ACCOUNTING CODES:

PATH: SETUP → ACCOUNTING CODES

CHECK THE ACCOUNTING CODES FOR THE PRODUCTS, TAX, SALES FOOTER

⇒ SALES FOOTER:

⇒ TAX:

⇒ INVOICE SCREEN & IMPACTS: