Introduction

Learn how to use Oracle Financials India Localization and all its features including major concepts behind Third Party Transaction, Tax Categories, VAT & Sales,Setting Up Tax Deducted Source And Transaction In Oracle Payable Indian Localization by Standard Reports for TDS and become certified in Oracle Financials.

Course Content

1.Overview of INDIAN Taxation

• Overview of Indirect Direct Tax
• VAT & Sales
• Service Tax
• Custom Tax
• Execise Tax

2.Overview of Indain Local Sales Tax

• PAN
• TAN
• LST
• CST

3.Oracle Financial of India : Key Concept

• Tax Authorities
• Tax Regime
• Tax Type
• Third Party Transaction
• Threshold Maintenance
• Tax Categories

4.Oracle Financial of India : Mandatory Setups

• Multi-Org Setup
• Define Organization Additional Information
• Define
• Party Additional InformationDefine Sub-Inventory Location

5.Setting up Tax Deducted Source and Transaction in Oracle Payable Indian Localization

• Standard Reports for TDS
• Setting up Tax Collected at Source and Transaction in Oracle Receivables Indian Localization
• Standard Reports for TCS
• Setting up Service tax and Transactions in Payables and Receivables
• Setting up VAT
• Settlement Process