ERPstuff - Oracle EBS Community

Hello,

Corporate Book:
This Book mainly used for Accounting Purpose, means Assets Creation, Deprecation, Retirement, Sale of Assets - All trx accounting happen from this Book. Corporate Book mainly used to meet Statutory Requirement. While defining Corporate Book Post to GL should be enabled.

Tax ...

Hello,

Perform following setup steps to enable India Localization - Service Tax,

> Define Service Tax Regime
> Register ST Regime
> Define Taxes with name and percentage of tax.
> Define Interim Liability and Interim Assets GL code, assign then to OU Level.
> For more details you can refer IL User ...