Reference Ticket Id: https://care.ginesys.in/a/tickets/268588
Module : Procurement > GRC and PI
Problem Statement:
There should be no difference in GST charge amount for GRC and PI of 1 or 2 paisa.
Analysis:
In GRC, Charges are normal round to Rupee upto 2 decimal places and In PI, total Charge is calculated on gross amount and difference if any on round is adjusted in the last row of the charge.
Note: For simulating the exact case/further detailing please refer to Internal comment. The summary is explained below:
Eg: Gross amount is 100, CGST and SGST is 5.246% each thus Rs. 5.246 each.
Thus In GRC,
Gross Amount Rs. 100
Charge: CGST Rs. 5.25 (round from Rs. 5.246)
Charge: SGST Rs. 5.25(round from Rs. 5.246)
Total GST : 10.50
Thus In PI,
Gross Amount Rs. 100
Charge: CGST Rs. 5.25(round from Rs. 5.246)
Charge: SGST Rs. 5.24 (10.49-5.25)
Logic is 5.246% of 100 each CGST and SGST amounting to total Rs. 10.492 (5.246+5.246), thus CGST as 5.25 and SGST as 10.492-5.25 = 5.24
Total GST : 10.49
Product Team
