Overview of Setting Up Oracle India Localization

Introduction

Implementing a Tax solution for India for each regime has specific needs. Oracle Financials for India helps you meet the Tax defaulting, calculation and accounting requirement arising from GST, Customs, and Income Tax (restricted to TDS and generation of FA schedule) regimes. It provides you with valuable information to use for statutory and management reporting.

This topic includes steps required to implement in other Oracle products along with advanced implementation topics for you to consider.

Oracle Financials for India includes following responsibilities. Each of them is associated with a Standard Application Responsibility

Oracle Inventory

Oracle Purchasing

Oracle Payables

Oracle Order Management

Oracle Receivables

Oracle Fixed Assets