Calculate GST on recurring journals for India
Important
Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned
| Enabled for | Public preview | General availability |
|---|---|---|
| Users, automatically | - | Apr 2025 |
Business value
Recurring journals streamline the process of recording repetitive transactions at regular intervals, which reduces manual effort. In business contexts in India, many of these transactions, such as rent or service payments, involve Goods and Services Tax (GST). Enabling automatic GST calculation for recurring journals makes the feature more useful and practical, and helps ensure compliance with tax regulations in India.
Feature details
Automating repetitive processes saves time and energy. In India, businesses can now automate the process of calculating GST on Recurring General Journals, and can create GST liability and GST Credit availability for a given GSTIN.
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