What is 'GST registration no.' in SAP FI - Financial Accounting?

GST registration no. - Overview

• Component: FI

• Component Name: Financial Accounting

• Description: In Singapore, a registration number issued to natural persons and legal persons for the collection of goods and services tax.

GST registration no. - Details

• 
  Key Concepts: 
  GST registration no. is a unique identification number assigned to businesses by the Indian government for the purpose of collecting Goods and Services Tax (GST). It is a 15-digit number that is used to identify the business in all GST-related transactions. 
  
  How to use it: 
  In SAP FI Financial Accounting, GST registration no. is used to identify the business in all GST-related transactions. It is required for filing GST returns and for claiming input tax credit. The GST registration no. should be entered in the relevant fields in SAP FI Financial Accounting when creating a vendor or customer master record. 
  
  Tips & Tricks: 
  It is important to ensure that the GST registration no. entered in SAP FI Financial Accounting is accurate and up-to-date. This will help to ensure that all GST-related transactions are processed correctly and efficiently. 
  
  Related Information: 
  For more information on GST registration no., please refer to the Indian government’s website: https://www.gst.gov.in/