India-Specific Setup and Processes
This table lists the country-specific setup and functionality for India.
Setup or Process |
Description |
---|---|
User-defined codes (UDCs) |
Set up base-software UDCs with India-specific values, and set up India-specific UDCs for:
|
Next numbers |
Set up next numbering schemes for the base software applications that you use, and set up a next numbering scheme to number TDS certificates. |
Automatic accounting instructions (AAIs) |
You must set up some base software Automatic accounting instructions (AAIs) before you work with service tax and tax deducted at source (TDS). |
Legal documents |
Before you can print invoices, vouchers, and other legal documents, you must set up your system by setting up:
See Setting Up Legal Documents for Tax, Export, and Electronic Invoices. |
Landed costs |
Some tax regimes use landed costs to calculate Indian taxes. |
Advanced pricing |
Some tax regimes use the Advanced Pricing module in the JD Edwards EnterpriseOne software to calculate the taxes. You define the tax calculations for India by using the JD Edwards EnterpriseOne Advanced Pricing system, then use an India-specific program to define price adjustments. |
Tax types and tax regimes |
Set up relationships between tax types and tax regimes, and then set up price adjustments and level costs for the tax type/tax regime combination. See Assigning Tax Types to Tax Regimes. See Setting Up Level Costs for Combinations of Tax Types and Tax Regimes. |
Address book records |
Set up tax registration details for companies, customers, and suppliers. |
Invoice processing |
After you set up legal documents, you can process invoices in India. |
Excise taxes |
Set up your system to process excise tax, including the setup of:
See Setting Up the System for Excise Tax. The JD Edwards EnterpriseOne system for India localization provides programs to enable you to process excise taxes including:
|
Service tax |
To set up your system to process service tax, map business units to service tax operating units. See Mapping Business Units to Service Tax Operating Units. To process with service tax:
|
Value-added tax (VAT) |
Before you process VAT in India:
|
Sales tax |
To work with sales tax in India:
See Entering Form Details for Sales Tax and Purchase Tax Concession. |
Purchase tax |
To work with purchase tax in India:
|
Tax collected at source (TCS) |
To work with TCS:
|
TDS and work-contract tax (WCT) |
Before you process TDS and WCT:
See Setting Up the System for TDS and WCT. To work with TDS and WCT:
|