GST – ASP Solution

• Leading consumer products company operating in beauty/ wellness space
• Footprint in 25 countries
• Annual turnover INR 5,900 Cr
• 28 GSTIN Registrations
• SAP ERP (ECC 6.0)

• Leading consumer products company operating in beauty/ wellness space
• Footprint in 25 countries
• Annual turnover INR 5,900 Cr
• 28 GSTIN Registrations
• SAP ERP (ECC 6.0)

• 28 GSTIN Registrations
• High volume of GST Transactions
• 8 –  10 Lakh sales invoices per month
• Approx. 1 lakh purchase invoices per month
• SAP Production system not exposed to external access over the internet

• Implemented its SAP Bolt-On product (OptiGST) to function as the on-premise ASP solution in client’s SAP ERP instance working together with the chosen GSP
• Mapped customer-specific data-identifiers (SAP) as OptiGST configuration
• Automated-extraction of GST data from SAP transactions as scheduled daily jobs
• Provides data validation logs for missing parameters (e.g.: GSTIN number, Place of supply)
• Maps automatically SAP parameters to GSTN parameters (Eg: Place of Supply State code,  UQC)
• Users have options to view registers, verify error logs, take actions and mark GST Returns as confirmed (ready for transfer)
• Users can directly transfer GST Returns (GSTR1) from SAP ERP to GSTN, using OptiGST GSTR1 SAVE options
• No download (spreadsheet/ JSON files): Data is passed from ERP to GSTN via API calls in JSON format after encoding & encryption
• Provides FETCH option for users to retrieve the Saved data back from GSTN for verification.
• Distribution option for input tax credit for Services procured by Head Office (based on the turnover of the receiving units)
• Vendor invoices: Automated GSTR2A Fetch (from GSTN portal, without any spreadsheet / JSON file download
• Vendor GST Reconciliation based on OptiGST Purchase Register and GSTR2A to identify missing / mismatch documents

Compliance:

•  Client uses OptiGST directly to process GST Returns for all 28 registrations every month

Cash-flow:

• Timely information on input tax credit available
• Accurate ISD to distribute ITC available with Head Office
• Flexible vendor reconciliation to identify near matches for ITC

User-friendliness:

• No data entry for Returns, no download/upload of files
• No need to log in to any other system or portal
• Average SAVE time of 4 minutes per registration

TCO:

• No additional cost for hardware or cloud subscription

Insight:

• Sales and Purchase Registers for insight into the business under GST Regime
• Flexibility without compromising on data security (On-premise software and data)

Collaboration:

• OptiGST Solution could be configured to work with client’s middleware without  compromising on existing IT policies
• OptiGST data can be used by in-house IT team for custom validations in SAP transactions as needed by the business

Volume:

• Automated splitting of payload based on GSTN restrictions so that high volume data can be transferred in one go