ERPstuff - Oracle EBS Community

Hi,


I want to discuss something about indian localisation AP TDs and AR as per 11i (11.5.10.2)

In AP we want to make the Tax directly to the tax authority. so that we deduct the TDS amount from the invoice and the deducted amount will be paid to tax autority directly.

Coming to AR we are receiving amount from the customers. So what will happen here. Can anyone help me what is going on in AR.


Cany any one help me regarding this.

Hello.
In AR the TDS is not performed because you are not paying nothing. When accounting your invoices to customers you must split the turnover and tax amount, which wil be paid to the tax autority:

For a regular transaction:

DR Receivables $100
CR Revenue $80
CR Tax $20

Octavio

[quote]Hello.
In AR the TDS is not performed because you are not paying nothing. When accounting your invoices to customers you must split the turnover and tax amount, which wil be paid to the tax autority:

For a regular transaction:

DR Receivables $100
CR Revenue $80
CR Tax $20

Octavio

<i><div align="right">Originally posted by oteixeira

Hello.

Yes, you should setup AR in order to account the Tax amount separetely from the Turnover amount otherwise you will need to manually calculate the Tax amount to be paid to the Tax Authority, which can be a real headache if you have several taxes. This is how the VAT Tax mechanism works.

Octavio

[quote]Hello.

Yes, you should setup AR in order to account the Tax amount separetely from the Turnover amount otherwise you will need to manually calculate the Tax amount to be paid to the Tax Authority, which can be a real headache if you have several taxes. This is how the VAT Tax mechanism works.

Octavio



<i><div align="right">Originally posted by oteixeira

Hello.

It depends.. Where are your transactions coming from? A legacy system? Created directly in APPS?

Octavio

[quote]Hello.

It depends.. Where are your transactions coming from? A legacy system? Created directly in APPS?

Octavio

<i><div align="right">Originally posted by oteixeira

Hello.

You will need to setup the Autoinvoice feature. <b>The chapter Importing Transaction Information Using AutoInvoice</b>, page 3-192 of the <b>Oracle Receivables User Guide</b> is the ideal documentation for you to read. All steps are documented there. One of the last tasks will be to fill the interface tables RA_INTERFACE_LINES_ALL and RA_INTERFACE_DISTRIBUTIONS_ALL. If you have any difficulty on setting up Autoinvoice just let me know and i will guide you.

Octavio

[quote]Hello.

You will need to setup the Autoinvoice feature. <b>The chapter Importing Transaction Information Using AutoInvoice</b>, page 3-192 of the <b>Oracle Receivables User Guide</b> is the ideal documentation for you to read. All steps are documented there. One of the last tasks will be to fill the interface tables RA_INTERFACE_LINES_ALL and RA_INTERFACE_DISTRIBUTIONS_ALL. If you have any difficulty on setting up Autoinvoice just let me know and i will guide you.

Octavio


<i><div align="right">Originally posted by oteixeira

Hello.

See MOS Doc ID 209936.1 which is for 11i.

Octavio

[quote]Hello.

See MOS Doc ID 209936.1 which is for 11i.

Octavio

<i><div align="right">Originally posted by oteixeira

Hello.
The document you are looking for is Doc ID 334838.1

Octavio

[quote]Hello.
The document you are looking for is Doc ID 334838.1

Octavio

<i><div align="right">Originally posted by oteixeira

Hello.

Localizations are very specific. I do not have any knowledge about India Localization. Anyway, i was able to easily find the document. It is a document called <b>India_Localization_URM-IN60106.pdf</b>. Try this URL:

https://support.oracle.com/CSP/ui/flash ... 20Manual))

Octavio

Hi,

Where can I get document for doing TAX setup in India Localization for AR in R12.

Its really urgent and I will be really grateful if somebody tell me about it.

Thanks,

Satya