Setup Requirements for TCS

This table lists the TCS setup requirements for India:

Setup Requirement

Comments

Cross-Reference

Set up tax types and adjustments for TCS.

You use the Price & Adjustment Details Revisions program (P4072) to enter price adjustment details.

See Entering Price Adjustment Details for India Taxes.

Verify that the adjustment name is set up in UDC table 40/TY.

You use the 40/TY UDC table to set the adjustment name.

n/a

Map tax adjustments to tax types.

You use the Relation Adjustment Name / Tax Type program (P75I006) to enter the tax type and tax regime for a price adjustment name.

See Entering Price Adjustment Details for India Taxes.

Enter supplier records for TCS tax authorities.

You create an address book number for tax authority using Address Book Revisions program (P01012).

See "Setting Up Tax Authorities" in the JD Edwards EnterpriseOne Applications Tax Processing Implementation Guide.

Set up the TCS rate that is applicable on the receipts received on sales of goods. You set up the TCS rate, ceiling rate limit, and penalty rate using the Work with TCS Rate Master program (P751864)

See "Setting Up TCS Rate Master"