GST INDIA S4HANA: Input Tax Credit Reversals and Re-

credit

Disclaimer: This document is a draft, and provided as a courtesy. This document is

not to be considered final, and all information contained herein is subject to change.
As such, this document is not to be quoted, cited in any reference, or used by
anyone for any purpose other than as a draft document.

Pre-requisites to Run J1IGJV

1. Goto SM30. Enter View J_1IG_DOCTYP_V and maintain Document types for JV
Document posting. Check sample below.

2. Goto SE11.
Enter J_1IG_TEXT40 as domain.
Click Display .
Click on Goto-> Fixed Value Append.
Give Z Append name and Create your own Fixed Values.

Note: These fixed values should reflect the reason of credit reversals/re-credit.
Sample below:

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Note that entries in the screenshot above is just a template. You need to create
your entries specific to your requirement

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Execute J1IGJV

3. Execute Transaction J1IGJV

4. Choose Reversal Type based on business scenario

a. TAX Reversal with reference, OR
b. TAX Reversal without reference.

5. For Tax Reversal with reference to an Invoice, Enter,

a. Company Code
b. Fiscal Year
c. Accounting Document number
d. Tax Reporting Date (on which you want to Report the Tax Credit

6. In the TAX Details Screen, Enter

a. G/L Account – This G/L is clearing G/L account where you want to post the
TAX Differences.
b. Reason for Reversal.
c. Credit Reversal radio button – To perform Credit Tax Reversal,
OR Re-credit button – To perform Re-Credit of Tax Reversal.
d. Enter Tax amount to be Reversed/Re-credited in the Tax Details section

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7. You can use Simulate button to simulate account postings

8. Use Execute button to post to accounts.

9. For credit reversal without reference, user needs to enter Company code
and Business Place in the selection screen

Sample below:

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10. Enter
a. G/L Account – Clearing G/L to post the Tax difference
b. Tax Code - Tax G/L will be automatically determined for this tax code and
Business Place.
c. User can Simulate the Postings or Post the Accounting document directly.

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