Past days Transaction activity due to period closure and GST patches apply in GST system
Hi Team,
As we all know GST will available by 1st July after that India localization transaction will not accepted. our client is manufacturing entity whose activity in daily basis with wholesalers and retailers. So here are some concerns which are needed knowledge clarification and prerequisites or solution alternatives for GST process.
1. Current business system with India localization will take 3-4 days for period closure activity, in that time GST can not apply , then how come business will keep these days transaction without GST?
2. Here business could not give shut down period though its transactions are happening day to day basis, so what will be the suggestion from oracle?