Oracle India Localization Online Training Ecorptrainings

Oracle India Localization Online Training Ecorptrainings in Hyderabad in India.

IndiaLocalization is complying with the India Specific Tax Requirements. India Localization Patch set has to be applied for India Localization over and above the standard R12 implementation. India Localization provides some seeded responsibilities like India Local Purchasing, India Local Inventory, India Local Order Management, India Local Payables, and India Local Receivables etc.Also it provides India related menus, functions, reports etc.Localization provides provision for defining of taxes, defaulting of taxes, recording of taxes, calculation of taxes, and reporting of taxes.

Course Content
Overview of INDIAN Taxation
Overview on Indian Direct Tax
Tax Deducted at Source(TDS)
Tax Collected at Source(TCS)
Overview of Indirect Direct Tax
VAT & Sales
Service Tax
Custom Tax
Exercise Tax
Overview of Indain Local Sales Tax
PAN
TAN
LST
CST
Oracle Financial of India : Key Concept
Tax Authorities
Tax Regime
Tax Type
Third Party Transaction
Threshold Maintenance
Tax Categories
Oracle Financial of India : Mandatory Setups
Multi-Org Setup
Define Organization Additional Information
Define Party Additional Information
Define Sub-Inventory Location
Setting up Tax Deducted Source and Transaction in Oracle Payable Indian Localization
Standard Reports for TDS
Setting up Tax Collected at Source and Transaction in Oracle Receivables Indian Localization
Standard Reports for TCS
Setting up Service tax and Transactions in Payables and Receivables.
Setting up VAT
Settlement Process