India Localization

Basic Setups
in
Inventory, OM & Purchasing
Presenter:
Anitlin Jinish G (AJ)| SCM Functional Consultant

Agenda

A quick overview on the mandatory India

Lcalization Setups in;

Inventory
Order Management
Purchasing

India Localization - Introduction

India Localization in Oracle Apps is a feature to help

comply 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.

India Localization - Introduction

. contd...

Oracle India Localization helps us to meet the Tax

defaulting, calculation and accounting requirement
arising from the Central Excise, Customs, Sales Tax
and Income Tax regimes.

India Localization also provides valuable information

which could be used for both statutory and management
reporting.

Localization Setups

Setup
Additional Information - Inventory Orgs

Tax Calendar

Excise Generation
o Sub-Inventory Locations

Item Setup
VAT/Excise - Item Classification

Tax Setup
o Taxes
o Tax Categories
o Item Categories

India TCS/VAT/Service Tax/FBT

o Setup

Regime Registration

VAT - Claim Terms Definition

VAT Document Sequencing

Tax Calendar

Excise Generation

Localization Setup
Setup
o Additional Information - Inventory Orgs
o 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/FBT
o Setup
Regime Registration
VAT - Claim Terms Definition
VAT Document Sequencing

Item Classification VAT/Excise

Item Classification VAT/Excise

Item Classification VAT/Excise

Template Attributes for items under VAT & Excise

Type
VAT

VAT

Excise

Template Name
VAT not recoverable

Value Added Tax

Excise Tradable

Attributes

Attribute Values

Applicable

Yes

Item Class

Finished Goods

Recoverable

No

Applicable

Yes

Item Class

Finished Goods

Recoverable

Yes

Tradable

Yes

Item Class

Finished Goods

Modvatable

No

Localization Setup
Setup
o Additional Information - Inventory Orgs
o 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/FBT
o Setup
Regime Registration
VAT - Claim Terms Definition
VAT Document Sequencing

Defining the Tax

Defining the Tax

Defining the Tax Category

Defining the Tax Category List

Localization Setup
Setup
o Additional Information - Inventory Orgs
o 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/FBT

o Setup
Regime Registration
VAT - Claim Terms Definition
VAT Document Sequencing

Regime Registration

Regime Registration

Regime Registration

Claim Terms Definition

VAT Document Sequencing

Localization Setup OM

Customers

Additional Information
Registers

Define Bond Register

Customer Tax Information

Customer Tax Information

Localization Setup OM

Additional Information

Customers

Registers

Define Bond Register

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)

Define Bond Registers

Define Bond Registers

Define Bond Registers

Define Bond Registers

Localization Setup Purchasing

Suppliers

Additional Supplier Info

Localization Setup Purchasing

Localization Setup Purchasing

RG Excise Registers

1. Daily Stock Register (RG1) For Manufacture, stock

and clearance of Final Products
2. Input Credit Account (RE23A) For receipt, stock and
consumption of Cenvatable Input.
3. Capital Goods Stock Account (RG23C) - For receipt,
stock and consumption of Cenvatable Capital Goods.
4. Trading Goods Register (RG23D) For Excise
purchases and the corresponding Sales transactions.
5. Personal Ledger Account (PLA) is an account
through which an assessee pays the duty to the
Govt.

Thank You!