India Localization

Manufacturing Unit
Presenter -
RajKumar Vohra

2007
2005 KPIT Cummins Infosystems Limited

We value our relationship

We value our relationship
21 November 2017 Version 1.0
 India Localization Product ?
Solution built over Oracle E-Business Suite.
Solution to comply with the India specific tax requirements.

i) Central Excise
ii) Custom
iii) Sales Tax (CST & LST)
iv) Value Added Tax (VAT)
v) Tax Deduct at Source (TDS)
vi) Tax Collect at Source (TCS)
vii) Service Tax
viii) Work Contract Tax (WCT)

Valuable information that can be used for statutory and management

reporting.

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What Does India Localization Product Do ?
The product uses its own tax engine, for handling taxes applicable across
'Procure to Pay' and 'Order to Cash' transactions.

Tax Defaultation
Tax Calculation
Tax Accounting and Recoverability
Tax Recording
Tax Settlement
Tax Reporting

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 India Localization Setup
A new responsibility created for each of associated Standard Application
responsibility
Oracle Inventory -> India Local Inventory
Oracle Purchasing -> India Local Purchasing
Oracle Payables -> India Local Payables
Oracle Order Management -> India Local Order Management
Oracle Receivables -> India Local Receivables
Oracle Fixed Assets -> India Local Fixed Assets

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 India Inventory Setup
Define Organization Additional Information.

Define Accounts Information for Organization

Define Tax Calendar

Define Excise Invoice Generation.

Define Sub-Inventory locations.

Define Item Localization Information.

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 India Purchasing Setup
Define Tax Codes.

Define Tax Categories.

Define Item Categories.

Define Supplier Additional Information.

Define Regimes (VAT/TCS/Service Tax).

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 India Payable Setup
Define TDS Year.

Define Income Tax Authority.

Define Excise Authority.

Define Custom Authority.

Define BOE Agent.

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 India Order Management Setup
Define Bond Register.

Define Tax Codes.

Define Tax Categories.

Define Item Categories.

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 India Receivable Setup
Define Tax Codes.

Define Tax Categories.

Define Item Categories.

Define Supplier Additional Information.

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 Procure to Pay Cycle
<Procure to Pay Cycle with India Localization>

<Purchasing> <Payable>

Start

Enter Purchase
Order and Save

Check Tax
appear or Not

No

Yes
Enter Taxes
Manually

Save and Approve

the PO

Receive goods
against PO

Claim Cenvat Manually Claim

No
on Receipt Cenvat
Run India Insert
es
Y

taxes on Pay on
Receipt Program
Manually Claim
Clam VAT No
VAT
Yes

Query the Invocie

Complete the
Receiving
Transaction

End
Run Pay on
Receipt Program

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 Order to Cash Cycle
<Order to Cash Cycle with India Localization>

<Order Management> <Accounts Receivable>

Start

Enter Sals Order

and Save

Check Tax
appear or Not

No

Yes
Enter Taxes
Manually Run Auto Invoice

Save and Book the

Order
India Local Concurrent
For Processing Order
Lines to AR

Pick Release and

Ship Confirm the
shipment.
Query the transaction

Generate Excise
Invoice Number

End

Generate VAT
Invoice Number

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 India Localization Training

Questions ?

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 Assignment
Perform Procure to Pay Cycle, Order to Cash Cycle with different tax types
and note down accounting entries generated by the system.

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 India Localization Training

Thank You

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