India Localization/Service Tax/Foreign Currency

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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EMANUEL
Posts: 94
Joined: Sun Feb 22, 2009 9:59 am
Location: India

India Localization/Service Tax/Foreign Currency

Post by EMANUEL »

Hi,

AR Invoices raised thru India Localization in Foreign currency with Service Tax and also receiving payments in Foreign currency

User Exchange rate given in Transaction Form convert the Receivables and Revenue in INR

The Service Tax Settlement Form and Repository Review shows the amounts in Foreign Currency instead of INR

User wants the Service Tax Settlement Form and Repository Review should show the amounts in INR

Rgds
emanuel
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