Overview of Managing Payables Document Numbering for India GST in Oracle ERP Cloud

You can manage payables document numbering for India GST in Oracle ERP Cloud.

Tax regulations mandate that the tax invoice numbering for payables must be consecutive and unique for a given financial year. With tax invoice numbering for payables, you can perform these actions:

• Configure sequences for payables document numbering via ADFDi Sheet.
• Enable document numbering in ERP Cloud.
• Generate tax invoice number in payables application.
• Handle scenarios where document numbering was unsuccessful.

Transaction tax regulations may mandate tax invoice numbering for payables to be consecutive and unique for a given financial year. In ERP cloud, payables provides document numbering for these documents:

• Tax Invoice: This document is issued in the payables application if the GST registered dealer procures anything from an unregistered dealer.
• Payment Voucher: This document is issued in the payables application for a prepayment when a GST registered dealer makes:
  • advance payments for the supply of goods or services that attract calculation of GST as reverse charge.
  • advance payment to an unregistered dealer for the supply of goods or services.
• Refund Voucher – A registered dealer issues this document when the customer cancels an order that was paid in advance.