Setting Up Accounting Periods for India Localization SuiteTax Reports
The India Localization SuiteTax Reports SuiteApp lets you generate India TDS and GST reports. Before generating a report, you must set the fiscal calender of your accounting periods to Standard Fiscal Calendar. This ensures the report is correct.
To set up the fiscal calendar of an accounting period:
-
Go to Setup > Accounting > Manage Accounting Periods.
-
On the Manage Accounting Periods page, click Set Up Full Year.
-
In the Fiscal Calendar field, select Standard Fiscal Calendar.
-
Enter other necessary information as required. For more information about setting up accounting periods for a year, see Setting Up Accounting Periods for a Full Year for Subsidiaries.
-
Click Save.