i oracle india localization
TRANSCRIPT
-
8/10/2019 I Oracle India Localization
1/45
India LocalizationBasic Setups
in
Inventory, OM & Purchasing
Presenter:
Anitlin Jinish G (AJ)| SCM Functional Consultant
-
8/10/2019 I Oracle India Localization
2/45
Agenda
A quick overview on the mandatory India
Lcalization Setups in;
Inventory
Order Management
Purchasing
-
8/10/2019 I Oracle India Localization
3/45
India Localization - Introduction
India Localization in Oracle Apps is a feature to helpcomply with Indian Taxation Norms.
Oracle India Localization provides provision to define,
record, calculate and report taxes.
India Localization also provides seeded responsibilities
which along with related Menus and Functions aides the
taxation process.
Implementing a Tax solution for India for each regime has
specific needs.
-
8/10/2019 I Oracle India Localization
4/45
Oracle India Localization helps us to meet the Taxdefaulting, calculation and accounting requirement
arising from the Central Excise, Customs, Sales Tax
and Income Tax regimes.
India Localization also provides valuable informationwhich could be used for both statutory and management
reporting.
India Localization - Introduction
. contd...
-
8/10/2019 I Oracle India Localization
5/45
Localization Setups
Setupo Additional Information - Inventory Orgs
Tax Calendar
Excise Generation
o Sub-Inventory Locations
Item Setupo VAT/Excise - Item Classification
Tax Setupo Taxes
o Tax Categories
o Item Categories
India TCS/VAT/Service Tax/FBTo Setup
Regime Registration
VAT - Claim Terms Definition
VAT Document Sequencing
-
8/10/2019 I Oracle India Localization
6/45
-
8/10/2019 I Oracle India Localization
7/45
-
8/10/2019 I Oracle India Localization
8/45
-
8/10/2019 I Oracle India Localization
9/45
-
8/10/2019 I Oracle India Localization
10/45
-
8/10/2019 I Oracle India Localization
11/45
-
8/10/2019 I Oracle India Localization
12/45
-
8/10/2019 I Oracle India Localization
13/45
2
-
8/10/2019 I Oracle India Localization
14/45
Tax Calendar
-
8/10/2019 I Oracle India Localization
15/45
Excise Generation
-
8/10/2019 I Oracle India Localization
16/45
Localization Setup
Setup
o Additional Information - Inventory Orgs
o Sub-Inventory Locations
Item Setupo VAT/Excise - Item Classification
Tax Setup
o Taxes
o Tax Categories
o Item Categories
India TCS/VAT/Service Tax/FBTo Setup
Regime Registration
VAT - Claim Terms Definition
VAT Document Sequencing
-
8/10/2019 I Oracle India Localization
17/45
Item Classification VAT/Excise
-
8/10/2019 I Oracle India Localization
18/45
Item Classification VAT/Excise
-
8/10/2019 I Oracle India Localization
19/45
Item Classification VAT/Excise
-
8/10/2019 I Oracle India Localization
20/45
Template Attributes for items under VAT & Excise
Type Template Name Attributes Attribute Values
VAT VAT not recoverable Applicable Yes
Item Class Finished Goods
Recoverable No
VAT Value Added Tax Applicable Yes
Item Class Finished Goods
Recoverable Yes
Excise Excise Tradable Tradable Yes
Item Class Finished Goods
Modvatable No
-
8/10/2019 I Oracle India Localization
21/45
Localization Setup
Setup
o Additional Information - Inventory Orgso Sub-Inventory Locations
Item Setup
o VAT/Excise - Item Classification
Tax Setupo Taxes
o Tax Categories
o Item Categories
India TCS/VAT/Service Tax/FBTo Setup
Regime Registration
VAT - Claim Terms Definition
VAT Document Sequencing
-
8/10/2019 I Oracle India Localization
22/45
Defining the Tax
-
8/10/2019 I Oracle India Localization
23/45
Defining the Tax
-
8/10/2019 I Oracle India Localization
24/45
Defining the Tax Category
-
8/10/2019 I Oracle India Localization
25/45
Defining the Tax Category List
-
8/10/2019 I Oracle India Localization
26/45
Localization Setup
Setup
o Additional Information - Inventory Orgso Sub-Inventory Locations
Item Setup
o VAT/Excise - Item Classification
Tax Setup
o Taxes
o Tax Categories
o Item Categories
India TCS/VAT/Service Tax/FBTo Setup
Regime Registration
VAT - Claim Terms Definition
VAT Document Sequencing
-
8/10/2019 I Oracle India Localization
27/45
Regime Registration
-
8/10/2019 I Oracle India Localization
28/45
Regime Registration
-
8/10/2019 I Oracle India Localization
29/45
Regime Registration
-
8/10/2019 I Oracle India Localization
30/45
Claim Terms Definition
-
8/10/2019 I Oracle India Localization
31/45
VAT Document Sequencing
-
8/10/2019 I Oracle India Localization
32/45
Localization Setup OM
Customers
Additional Information
Registers
Define Bond Register
-
8/10/2019 I Oracle India Localization
33/45
Customer Tax Information
-
8/10/2019 I Oracle India Localization
34/45
Customer Tax Information
-
8/10/2019 I Oracle India Localization
35/45
Localization Setup OM
Customers
Additional Information
Registers
Define Bond Register
B d R i t
-
8/10/2019 I Oracle India Localization
36/45
Bond Registers
Bond Registers Using Bond Registers in Oracle Financials for India, you can maintain
multiple Bond Registers for a combination of Organization and Location.
Options in Manufacturing Organization are:
Domestic with Excise Domestic without Excise, Export with Excise Bond Register (For Exports)
Options in Trading Organization are:
Trading Domestic with Excise Trading Domestic without Excise Trading Export with Excise Trading Bond Register (For Exports)
-
8/10/2019 I Oracle India Localization
37/45
Define Bond Registers
-
8/10/2019 I Oracle India Localization
38/45
Define Bond Registers
D fi B d R i
-
8/10/2019 I Oracle India Localization
39/45
Define Bond Registers
D fi B d R i t
-
8/10/2019 I Oracle India Localization
40/45
Define Bond Registers
L li ti S t P h i
-
8/10/2019 I Oracle India Localization
41/45
Localization Setup Purchasing
Suppliers
Additional Supplier Info
L li ti S t P h i
-
8/10/2019 I Oracle India Localization
42/45
Localization Setup Purchasing
L li ti S t P h i
-
8/10/2019 I Oracle India Localization
43/45
Localization Setup Purchasing
RG Excise Registers
-
8/10/2019 I Oracle India Localization
44/45
RG Excise Registers
1. Daily Stock Register (RG1) For Manufacture, stockand clearance of Final Products
2. Input Credit Account (RE23A) For receipt, stock andconsumption of Cenvatable Input.
3. Capital Goods Stock Account (RG23C) - For receipt,stock and consumption of Cenvatable Capital Goods.
4. Trading Goods Register (RG23D) For Excisepurchases and the corresponding Sales transactions.
5. Personal Ledger Account (PLA) is an accountthrough which an assessee pays the duty to theGovt.
-
8/10/2019 I Oracle India Localization
45/45
Thank You!