by jatinmittal1822 | Sep 4, 2017 | Microsoft Dynamics NAV 2016, Tax & Regulatory Updates
Last Week, Microsoft has released GST Updates Phase 5 for Microsoft Dynamics NAV – India
https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/MDNAV2016GSTPHS5IN
Direct download links:
GST White Paper 2017 Doc [6.60 MB]
NAV 2016 Release 5 Zip [4.79 MB]
Features included in this Release
-
Slab wise GST Tax Rate for main components and Cess
-
Input Service Distribution (distribution part)
-
Advance payment application in combination with GST & TCS
-
GSTR 1 file formats
-
GSTR 3B format
-
Receipt & Refund Voucher
-
Payment & Refund Voucher
Features excluded in this Release
The following features will be delivered in Sep’17 & Oct’17 releases.
-
Other supplies Invoice (Company to Employee)
-
GSTR 2, 6 & 8 – formats not yet released by Government. If provided by 31st Aug then would be part of October release.
-
Normal and reverse charge in the same Purchase invoice for Registered Vendors
by jatinmittal1822 | Jun 23, 2017 | Microsoft Dynamics NAV 2013, Microsoft Dynamics NAV 2013 R2, Microsoft Dynamics NAV 2016, Tax & Regulatory Updates
Yesterday, Microsoft has released GST Updates for Microsoft Dynamics NAV – India
https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/MDNAV2016GSTIN
Direct download links:
NAV 2013 R2 Phase 2 [12.4 MB]
NAV 2016 IN GST [12.6 MB .exe]
Features included in this Release
-
Credit Flow changes ( from Interim to Recoverable account)
-
Sub-Contracting changes
-
Exempted Good & Service for Service transfers and Service management
-
Input Service Distribution transaction changes based on Credit flow changes
-
Reconciliation changes based on revised Credit flow
-
Cr. Adjustment journal changes based on revised Credit flow
-
Advance Payment application changes (based on rules released on 3rd Jun )
-
Reverse Charge changes based on services ( based on rules released on 3rd Jun)
Features excluded in this Release
-
As per rules released in June’17, there are substantial changes in following features and will be delivered in Aug’17 release.
-
GST TDS / TCS
-
Settlement
-
Input Service Distribution (only distribution part)
-
GSTR returns (1, 2, 6 & 8)
-
GSTR 3B – formats not released yet
-
GSTR file formats
by jatinmittal1822 | May 31, 2017 | Microsoft Dynamics NAV 2013, Tax & Regulatory Updates
Yesterday, Microsoft has released GST hotfix for Microsoft Dynamics NAV 2013 – India. For more information please refer to the following link:
https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/msdnavgst2013india
Direct download link: IN7.0_TFS180497 GST Goods and Service Tax
Before this update can be installed, the following prerequisites are required:
Microsoft Dynamics NAV 2013 India
Pre-requisites:
- NAV 2013 RTM Database (Version 7.0.33781)
- Import below Hotfixes sequentially
No. |
TFSID |
Fixes Description |
1 |
338699 |
Service Tax Reverse Charge |
2 |
TFS346176 |
TDS_Zero_Percent |
3 |
TFS351237 |
IN_FVU_Version_3_9_For_e-TDS_TCS_return |
4 |
TFS354131 |
FVU 4.0-4.1 |
5 |
HF 355971 |
FVU 4.0-4.1 |
6 |
TFS160376 |
Swachh Bharat Cess |
7 |
TFS167290 |
Additional Depreciation |
8 |
TFS167309 |
eTDS FVU 5.0 |
9 |
TFS167311 |
Krishi Kalyan Cess |
10 |
TFS177308 |
eTCS FVU 5.1 |
Note: No data upgrade is required before you can use this feature.
by jatinmittal1822 | May 23, 2017 | Microsoft Dynamics NAV 2013 R2, Tax & Regulatory Updates
Yesterday, Microsoft has released GST hotfix for Microsoft Dynamics NAV 2013 R2 – India. For more information please refer to the following link:
https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/GSTTAXNAV2013R2IN
Direct download link: IN7.1_TFS180484 GST – Goods and Service Tax.zip
Before this update can be installed, the following prerequisites are required:
Microsoft Dynamics NAV 2013 R2 India
Pre-requisites:
- NAV 2013 R2 RTM Database (Version 7.10.35473)
- Import below Hotfixes sequentially
No. |
TFSID |
Fixes Description |
1 |
TFS353595 |
TDS Zero Percent |
2 |
TFS354411 |
FVU 3.9-4.1 and TDS Zero Pct |
3 |
HF377555 |
GL Inconsistency |
4 |
TFS160375 |
Swachh Bharat Cess |
5 |
TFS167308 |
eTDS FVU 5.0/ |
6 |
TFS167310 |
Krishi Kalyan Cess/ |
7 |
TFS177164 |
eTCS FVU 5.1 |
Note: No data upgrade is required before you can use this feature.
by jatinmittal1822 | May 5, 2017 | Microsoft Dynamics NAV 2016, Tax & Regulatory Updates
Today, Microsoft has released GST phase 2 release for Microsoft Dynamics NAV 2016 – India
https://mbs.microsoft.com/customersource/Global/NAV/downloads/tax-regulatory-updates/GSTNAV2016IN
Features included in this Release
- Input Service Distribution
- Exempted Goods and Service
- Normal Payment and its Application to Invoice
- Service Transfers
- Sub-Contracting
- GST Compensation Cess
Direct PDF download link: White Paper GST NAV 2016-IN