Financials for India - EBS (MOSC)

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What are the Migration consideration when we rollout GST

edited May 26, 2017 4:31AM in Financials for India - EBS (MOSC) Question

What are the migration considerations of Open Invoices in Current Localization having Service Tax.We have quite a number of Invoices which will be in transit state and yet to receive payments from customers.

IN event of this if there are any credits to be applied, how do we handle such scenario where credit needs to take into consideration Service Tax and not GST(Ofcourse it was billed using Service Tax) after GST is enabled.Is it not possible that Current Localization as well as GST coexists simultaneously?

Any inputs is highly appreciated.This is a very important factor for business.

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