indialocal part2

R12.1 Oracle Financials for India Activity Guide

D64809GC10

Edition 1.0

February 2010

D65491

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Table of Contents Practice - Login to the Application ................................................................................. 1 Solution - Login to the Application ................................................................................. 2 Practice - Create a Location ........................................................................................... 4 Solution - Create a Location ........................................................................................... 5 Practice- Create an Inventory Organization ................................................................. 7 Solution- Create an Inventory Organization ................................................................. 8 Practice - Assign Inventory Organization to Location .............................................. 12 Solution - Assign Inventory Organization to Location .............................................. 13 Practice - Organization Access to Responsibilities .................................................. 14 Solution - Organization Access to Responsibilities .................................................. 15 Practice - Create Sub-Inventories for the New Inventory Organization ................ 16 Solution - Create Sub-Inventories for the New Inventory Organization ................ 17 Practice- Define Shipping Parameters ........................................................................ 24 Solution - Define Shipping Parameters ...................................................................... 26 Practice - Item Assignment to an Inventory Organization and Open First Period 30 Solution - Item Assignment to an Inventory Organization and Opening First Inventory Period ............................................................................................................. 31 Practice - Create a Supplier with Three Sites ............................................................ 34 Solution - Create a Supplier with Three Sites ............................................................ 35 Practice - Create a New Customer .............................................................................. 46 Solution - Create a New Customer .............................................................................. 49 Practice - Create a Receivable Transaction Type- Credit Memo ........................... 55 Solution - Create a Receivable Transaction Type- Credit Memo .......................... 56 Practice - Create a Receivable Transaction Type- Invoice ..................................... 58 Solution - Create a Receivable Transaction Type- Invoice ..................................... 59 Practice - Create Sales Order Transaction Type ...................................................... 61 Solution - Create Sales Order Transaction Types .................................................... 62 Practice - Create an Asset Book .................................................................................. 69 Solution - Create an Asset Book .................................................................................. 71 Practice- Assign Asset Category to the Asset Book ................................................. 75 Solution - Assign Asset Category to the Asset Book .............................................. 76 Practice - Define Organization Additional Information ............................................... 1 Solution - Define Organization Additional Information ............................................... 4 Practice- Define Sub Inventory Location .................................................................... 11 Solution - Define Sub Inventory Location ................................................................... 12 Practice - Define Item Localization Information ......................................................... 13 Solution - Define Item Localization Information ......................................................... 14 Practice- Define Tax Codes for Excise Duty .............................................................. 16 Solution - Define Tax Code for Excise Duty .............................................................. 18 Practice - Define Tax Categories for Excise Duty Taxes ......................................... 21 Solution - Define Tax Categories for Excise Duty Taxes ......................................... 22

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Practice - Define Item Categories for Excise Duty .................................................... 24 Solution - Define Item Categories ................................................................................ 25 Practice- Define Supplier Additional Information ...................................................... 27 Solution - Define Supplier Additional Information ..................................................... 28 Practice- Define Customer Additional Information .................................................... 30 Solution - Define Customer Additional Information ................................................... 31 Practice- Define Bond Register .................................................................................... 34 Solution - Define Bond Register .................................................................................. 35 Practice - Define BOE Agent ........................................................................................ 36 Solution - Define a BOE Agent .................................................................................... 37 Practice - Define Service Tax Regime Information ................................................... 38 Solution - Define Service Tax Regime Information ................................................... 39 Practice - Define Tax Codes for Service Tax ............................................................ 42 Solution - Define Tax Code for Service Tax .............................................................. 44 Practice - Define Tax Categories for Service Tax ..................................................... 47 Solution - Define Tax Categories for Service Tax ..................................................... 48 Practice - Define Item Categories for Service Tax .................................................... 50 Solution - Define Item Categories for Service Tax .................................................... 51 Practice - Define Supplier Additional Information for Service Tax Regime .......... 53 Solution - Define Supplier Additional Information for Service Tax Regime .......... 54 Guided Demonstration - Tax Deducted at Source Regime Definition ................... 56 Practice - Define Tax Codes for TDS Taxes .............................................................. 57 Solution - Define Tax Code for TDS Taxes ................................................................ 58 Guided Demonstration - Tax Deducted at Source Threshold Definition ............... 60 Practice - Define Supplier Additional Information for TDS Tax Regime ................ 61 Solution - Define Supplier Additional Information for TDS Tax Regime ................ 62 Practice - Define Value Added Tax Regime Information ......................................... 65 Solution - Define Value Added Tax Regime Information ......................................... 66 Practice - Define Item Localization Information ......................................................... 69 Solution - Define Item Localization Information ......................................................... 70 Practice - Define Vat Claim Terms .............................................................................. 72 Solution - Define Vat Claim Terms .............................................................................. 73 Practice - Define Vat Invoice Sequencing .................................................................. 75 Solution - Define Vat Invoice Sequence ..................................................................... 76 Practice - Define Tax Codes for Value Added Tax Regime .................................... 77 Solution - Define Tax Code for Value Added Tax Regime ...................................... 78 Practice - Define Tax Categories for VAT Regime ................................................... 80 Solution - Define Tax Categories for VAT Regime ................................................... 81 Practice - Define Tax Collected at Source Regime Information ............................. 83 Solution - Define Tax Collected at Source Regime Information ............................. 84 Practice - Define Item Localization Information for TCS Regime ........................... 87 Solution - Define Item Localization Information for TCS Regime ........................... 88 Practice - Define Block of Asset Information ............................................................. 90 Solution - Define Block of Asset Information ............................................................. 91 Practice - Create Purchase Order with Excise related Taxes ................................... 1 Solution - Create Purchase Order with Excise related Tax ....................................... 3

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Practice - Create Receiving Transaction against Excise Purchase Order .............. 9 Practice - Match to a Purchase Order with Excise related Taxes .......................... 17 Solution - Match to a Purchase Order with Excise Related Taxes ........................ 18 Practice - Create Return to Vendor against Excise Receiving Transaction ......... 22 Practice - RG Update for Miscellaneous Transaction .............................................. 28 Practice - Manual CENVAT Claim ............................................................................... 32 Practice - Create Sales Order with Excise Taxes ..................................................... 35 Solution - Create a Sales Order with Excise related Taxes .................................... 36 Solution - Shipping Transaction with Excise Related Taxes ................................... 42 Practice - Create Return Sales Order (RMA) with Excise Taxes ........................... 53 Solution - Create Return Sales Order (RMA) with Excise Taxes ........................... 55 Guided Demonstration - Transaction Processing for Trading Organization ......... 68 Practice - Bill of Entry Transaction Cycle ................................................................... 74 Practice - Create Purchase Order with Service Tax ................................................. 80 Solution - Create Purchase Order with Service Tax ................................................. 82 Practice - Create Receiving Transaction against Service Tax Purchase Order .. 88 Practice - Match to a Purchase Order with Service Tax .......................................... 95 Solution - Match to a Purchase Order with Service Tax .......................................... 96 Practice - Payment of Invoice generated with Service Tax ..................................... 99 Practice - Service Tax Distribution ............................................................................ 104 Solution - Service Tax Distribution ............................................................................ 105 Practice - Create Bill only Order with Service Tax .................................................. 107 Solution - Create Bill Only Order with Service Tax ................................................. 108 Practice - Create Standalone AR Transaction with Service Tax .......................... 117 Solution - Create Standalone AR Transaction with Service Tax .......................... 118 Practice - Create AR Receipt for the Invoice raised with Service Tax ................ 122 Solution - Create AR Receipt for the Invoice raised with Service Tax ................ 123 Practice-TDS Deduction on Prepayment Invoice .................................................... 140 Practice - TDS Reversal on Prepayment Invoice Application ............................... 145 Practice - Process Payment to the Tax Authority ................................................... 148 Solution - Process Payment to the Tax Authority ................................................... 149 Solution - Update TDS Challan Details .................................................................... 151 Practice - Create Purchase Order with Value Added Tax ..................................... 160 Solution - Create Purchase Order with Value Added Tax ..................................... 162 Practice - Create Receiving Transaction against VAT Purchase Order .............. 168 Practice - Match to a Purchase Order with Value Added Tax .............................. 177 Solution - Match to a Purchase Order with Value Added Tax .............................. 178 Practice - Create Return to Vendor against VAT Receiving Transaction ........... 181 Practice - Create Sales Order with VAT Taxes ....................................................... 187 Solution - Create a Sales Order with VAT Taxes .................................................... 188 Solution - Shipping Transaction ................................................................................. 194 Practice - Create Return Sales Order (RMA) with VAT Taxes ............................. 205 Solution - Create Return Sales Order (RMA) with VAT Taxes ............................. 207 Practice - Create Sales Order with TCS Taxes ....................................................... 237 Solution - Create a Sales Order with TCS Taxes ................................................... 238 Solution - Shipping Transaction ................................................................................. 243

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Practice - Bill Only Sales Order with TCS Taxes .................................................... 252 Solution - Create a Bill Only Sales Order with TCS Taxes .................................... 253 Practice - Create Standalone AR Transaction with TCS Taxes ........................... 262 Solution - Create Standalone AR Transaction with TCS Taxes ........................... 263 Practice - Create AR Receipt for the amount Received ........................................ 268 Solution - Create AR Receipt for the Amount Received ........................................ 269 Practice - Application of AR Receipt to Invoice Raised with TCS taxes ............. 272 Solution - Application of AR Receipt to Invoice Raised with TCS taxes ............. 273 Practice - Create a LC Master Record ...................................................................... 281 Solution - Create a LC Master Record ...................................................................... 282 Practice - Create Sales Order with LC Option and Match with LC Master ......... 284 Solution - Create Sales Order with LC Option and Match with LC Master ......... 286 Guided Demonstration - Third Party Transactions ................................................. 289 Guided Demonstration - Tracking ST Forms ........................................................... 290 Guided Demonstration - Inter Org Transfer ............................................................. 292

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R12.1 Oracle Financials for India 1

Practice - Login to the Application_______________________________ Overview In this practice, you will be logging in to the Application. Assumptions

• Replace XX with your terminal number or initials • You must have access to an Oracle Application Vision database or comparable

training or tests instance at your site on which to complete this practice. Tasks Login to the Application 1. Open the URL given by the Instructor in Internet Explorer or Netscape 2. Use the Following Information to Log In:

- Username = INDIA - Password = welcome - Accessibility = None - (B) Login

3. Select the Responsibility as Payables, Vision India Hyderabad

4. Click on Asia/Pacific Lookups to enter in the Application. 5. Close the Asia/Pacific Lookups window to access the navigation window.

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Solution - Login to the Application__________________________________ Login to the Application 1. Open the URL given by the Instructor in Internet Explorer or Netscape 2. Use the Following Information to Log In:

a. Username = INDIA b. Password = welcome c. Accessibility = None d. (B) Login

3. Select the Responsibility as Payables, Vision India Hyderabad

4. Click on Asia/Pacific Lookups to enter in the Application.

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5. Close the Asia/Pacific Lookup window to access the Navigation window.

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Practice - Create a Location_________________________________________ Overview In this practice, you will create a location to be used in later practices Assumptions


training or tests instance at your site on which to complete this practice. Tasks Create a Location 1. Responsibility = Purchasing, Vision India Hyderabad 2. Open the Location window and create a location XXH- Hyderabad, and address as

follows:

Field Value Flat/Door/Block Number Plot No 1 Building Name/Village Twin Tower Road/Street/Lane/Post Office MG Road Town/City/District Hyderabad State/UT Andhra Pradesh PIN Code 600011 Country India

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Solution - Create a Location_________________________________________ Create a Location 1. Responsibility = Purchasing, Vision India Hyderabad 2. Open Location window

• (N) Setup>Organizations>Location a. Name = XXH- Hyderabad b. Description = XXH- Hyderabad

3. (T) Address Details - Address Style = India

4. Click in the Address Field and enter: Field Value

Flat/Door/Block Number Plot No 1 Building Name/Village Twin Tower Road/Street/Lane/Post Office MG Road Town/City/District Hyderabad State/UT Andhra Pradesh PIN Code 600011 Country India 5. Click Ok

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6. (I) Save 7. (T) Shipping - Contact = Select a Contact Name or else leave it blank 8. (I) Save

- Ship- To Location = XXH- Hyderabad

9. Check to make sure the site is Ship-To, Receiving Site, Office Site, Bill-To Site and Internal Site. 10. (T) Other Details

- Inventory Organization = Blank 11. (I) Save 12. Close the location window

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Practice- Create an Inventory Organization_____________________________ Overview In this practice, you will create an inventory organization to be used in later practices Assumptions


training or tests instance at your site on which to complete this practice. Tasks Create an Inventory Organization 1. Responsibility = Purchasing, Vision India Hyderabad 2. In the Organizations window create XX Hyderabad as an Inventory Organization

under Vision India 3. Select the Location for your Inventory Organization 4. Assign the Organization to an Existing Item Master

• In the additional organization information window give your new Inventory Organization a code as XXH and assign it to Vision Operations. Setup appropriate GL accounts for Costing and Other information

5. Specify Receiving Information

• In the additional organization information window, enter appropriate Receiving Information for your Inventory Organization

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Solution- Create an Inventory Organization______________________________ Create an Inventory Organization 1. Responsibility = Purchasing, Vision India Hyderabad 2. Navigate to the Organizations window

• (N) Setup>Organizations>Organizations 3. (B) New

- Name = XXH- Hyderabad - Type = Plant - Enter a date in the From Field early enough for any historical information that

you need to enter - To Date: Leave Blank - Location: XXH- Hyderabad

4. Save 5. For the Name Field in the Organization Classification Region, use the list of values

to select Inventory Organization. 6. Select the Enabled Check Box.

7. Save

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8. (B) Others

9. In the Additional Organization Information Window, Select Accounting Information

10. (B) OK, then click in the Accounting Information Field and select values as mentioned below:

- Primary Ledger = India - Legal Entity = Vision India - Operating Unit = Vision India Hyderabad

11. (B) Ok 12. (B) Ok 13. (B) Yes to save Changes 14. Close the Organization Parameter window but do not close the Organization Window Assign the Organization to an Existing Item Master 15. Re-open the Organization Parameter window:

• (B) Others 16. In the Additional Organization Information window, select Inventory Information

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17. (T) Inventory Parameters

- Organization Code = XXH - Item Master Organization = Vision Operations - Calendar = Vision01

18. (T) Costing Information

Account Type Account Material 01.000.1410.0000.0000 Outside Processing 01.000.1450.0000.0000 Material Overhead 01.000.5235.0000.0000 Overhead 01.000.5235.0000.0000 Resource 01.000.5245.0000.0000 Expense 01.000.5235.0000.0000

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19. (T) Inter- Org Information - Inter-Organization Transfer Charge - Accounting Information Account Type Account

Transfer Credit 01.000.4140.0000.0000 Purchase Price Variance 01.000.5210.0000.0000 Receivables 01.000.1910.0000.0000 Payable 01.000.2910.0000.0000 Intransit Inventory 01.000.1460.0000.0000 20. (T) Other Accounts

Account Type Account Purchase Price Variance 01.000.5210.0000.0000 Invoice Price Variance 01.000.5220.0000.0000 Inventory AP Accrual 01.000.2215.0000.0000 Sales 01.000.4110.0000.0000 Cost of Goods Sold 01.000.5110.0000.0000 Deferred COGS Account 01.000.5110.0000.0000 Cost Variance Account 01.000.5315.0000.0000 21. (I) Save 22. Close the Organization Parameter window but do not close the Organization Window. Specify Receiving Information 23. Re-Open Organization Parameters window:

• (B) Others 24. In the Additional Organization Information window, select Receiving Information

- Receiving Days Early = 5 - Receiving Days Late = 5 - Receipt Days Exceed-Action = Warning - Over Receipt Tolerance (%) = 5 - Receipt Routing = Standard - Allow Unordered Receipts = Checked - Allow Express Transaction = Checked - Allow Cascade Transaction = Checked - Receipt Number Generation = Automatic - Receipt Number Type = Numeric - Next Receipt Number = 100001 - Receiving Inventory Account = 01.000.1465.0000.0000 - Clearing Account = 01.000.1465.0000.0000

25. (B) Save and Exit from the window.

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Practice - Assign Inventory Organization to Location Overview In this practice, you will assign the Inventory Organization to a location, as it is a mandatory step for India Localization additional organization information definition. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Assign Inventory Organization to a location. 1. Responsibility = Purchasing, Vision India Hyderabad 2. Open the Location window and assign Inventory Organization to the location created

in the earlier practice

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Solution - Assign Inventory Organization to Location______________________ Assign Inventory Organization to Location 1. Responsibility = Purchasing, Vision India Hyderabad 2. Open Location window

• (N) Setup>Organizations>Location • Query for the Location Created in the earlier practice

3. (T) Other Details - Inventory Organization = XXH- Hyderabad

4. Save 5. Close the window

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Practice - Organization Access to Responsibilities_________________________ Overview In this practice, you will be assigning the organization access to Responsibilities. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Assign Inventory Organization to Responsibilities 1. Responsibility = Inventory, Vision India Hyderabad 2. Define the Organization Access to Responsibilities as mentioned below:

Org Application Name XXH General Ledger General Ledger, Vision India XXH Assets Assets, Vision India Hyderabad XXH Payables Payables, Vision India Hyderabad XXH Purchasing Purchasing, Vision India Hyderabad XXH Receivables Receivables, Vision India Hyderabad XXH Inventory Inventory, Vision India Hyderabad XXH Order Management Order Management, Vision India Hyderabad

3. (I) Save

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Solution - Organization Access to Responsibilities________________________ Assign Organization to Responsibilities 1. Responsibility = Inventory, Vision India Hyderabad 2. (N) Oracle Inventory>Setup>Organization>Organization Access

3. Define the Organization Access to Responsibilities as mentioned below:

Org Application Name XXH General Ledger General Ledger, Vision India XXH Assets Assets, Vision India Hyderabad XXH Payables Payables, Vision India Hyderabad XXH Purchasing Purchasing, Vision India Hyderabad XXH Receivables Receivables, Vision India Hyderabad XXH Inventory Inventory, Vision India Hyderabad XXH Order Management Order Management, Vision India Hyderabad

4. (I) Save

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Practice - Create Sub-Inventories for the New Inventory Organization_________ Overview In this practice, you will define the sub inventories for the New Inventory Organization, as it would be required for India Localization feature as well. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Create Sub Inventories 1. Responsibility = Inventory, Vision India Hyderabad 2. Define following sub inventories for the newly created inventory organization

- FGI = Finished Goods Store - OSP = Outside Processing Subinventory - RMI = Raw Material Store - Repair = Repair Subinventory - Return = Customer Returns - Staging = Staging - WIP = Work in Progress

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Solution - Create Sub-Inventories for the New Inventory Organization_________ Create Sub Inventories 1. Responsibility = Inventory, Vision India Hyderabad 2. (N) Oracle Inventory> Setup>Organization>Sub inventories

3. Select Inventory Organization from List of Values - Inventory Organization = XXH- Hyderabad

4. (B) New 5. Define FGI Sub-Inventory with following details:

- Name = FGI - Description = Finished Goods Store - Status = Active - Type = Storage

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6. (I) Save 7. (M) File>New 8. Define OSP Sub-Inventory with following details:

- Name = OSP - Description = Outside Processing Subinventory - Status = Not Available for Netting, ATP and Reservations - Type = Storage

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9. (I) Save 10. (M) File>New 11. Define RMI Sub-Inventory with following details:

- Name = RMI - Description = Raw Material Store - Status = Active - Type = Storage

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12. (I) Save 13. (M) File>New 14. Define Repair Sub-Inventory with following details:

- Name = Repair - Description = Repair Subinventory - Status = Not Available for Netting, ATP and Reservations - Type = Storage

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15. (I) Save 16. (M) File>New 17. Define Return Sub-Inventory with following details:

- Name = Return - Description = Customer Returns - Status = Not Available for Netting, ATP and Reservations - Type = Storage - Asset Subinventory = Un Checked

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18. (I) Save 19. (M) File>New 20. Define Staging Sub-Inventory with following details:

- Name = Staging - Description = Staging - Status = Active: Available for Netting: Available for Netting - Type = Storage

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21. (I) Save 22. (M) File>New 23. Define WIP Sub-Inventory with following details:

- Name = WIP - Description = Work In Progress - Status = Not Available for Netting, ATP and Reservations - Type = Storage

24. (I) Save 25. Close Sub Inventory Window

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Practice- Define Shipping Parameters__________________________________ Overview In this practice, you will be defining the shipping parameters for the newly created inventory organization. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Define Shipping Parameters 1. Responsibility = Inventory, Vision India Hyderabad 2. Navigate to Define User window

- (N) Oracle Inventory>Setup>Organizations>Shipping Parameters 3. Define Shipping Parameters for Newly created Inventory organization

4. (T) General 5. Enter information as mentioned below:

- Weight UOM Class = Weight - Volume UOM Class = Volume - Percent Fill Basis = Weight - Export Compliance Screening = Not Required - Enable Workflows = None

6. (T) Pick Release 7. Enter information as mentioned below:

- Release Sequence Rule = Default: Order Number - Pick Slip Grouping Rule = IN Rule - Print Pick Slip = At the End - Default Stage Subinventory = Staging - Autocreate Deliveries = Checked - Auto Allocate = Checked

8. (T) Shipping Transaction 9. Enter information as mentioned below:

- Default Ship Confirm Document Set = Ship Confirm Documents - Auto-pack Options = No

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- Goods Dispatched Account = 01.101.5110.0000.0000 - Enforce Packing in containers = No

10. (T) Delivery

11. Enter information as mentioned below:

- Customer = Checked - Ship Method = Checked - Autocreate Delivery Criteria = Across Orders - Appending Limit = Do not Append

12. (I) Save

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Solution - Define Shipping Parameters__________________________________ Define Shipping Parameters 1. Responsibility = Inventory, Vision India Hyderabad 2. Navigate to Define User window

- (N) Oracle Inventory>Setup>Organizations>Shipping Parameters

3. Define Shipping Parameters for Newly created Inventory organization

4. (T) General 5. Enter information as mentioned below:

- Weight UOM Class = Weight - Volume UOM Class = Volume - Percent Fill Basis = Weight - Export Compliance Screening = Not Required - Enable Workflows = None

6. (T) Pick Release

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7. Enter information as mentioned below: - Release Sequence Rule = Default: Order Number - Pick Slip Grouping Rule = IN Rule - Print Pick Slip = At the End - Default Stage Subinventory = Staging - Autocreate Deliveries = Checked - Auto Allocate = Checked

8. (T) Shipping Transaction 9. Enter information as mentioned below:

- Default Ship Confirm Document Set = Ship Confirm Documents - Auto-pack Options = No - Goods Dispatched Account = 01.101.5110.0000.0000 - Enforce Packing in containers = No

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10. (T) Delivery

11. Enter information as mentioned below:

- Customer = Checked - Ship Method = Checked - Autocreate Delivery Criteria = Across Orders - Appending Limit = Do not Append

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12. (I) Save

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Practice - Item Assignment to an Inventory Organization and Open First Period Overview In this practice, you will be assigning the items to the newly created inventory Organization. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Assign Items to Inventory Organization 1. Responsibility = Purchasing, Vision India Hyderabad 2. Query below mentioned items and Assign them to the Newly Created Inventory

Organization - Item Name = LocRM - Item Name = LocFG - Item Name = LocFG - Item Name = LocService

3. Open the First Period for your Inventory Organization.

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Solution - Item Assignment to an Inventory Organization and Opening First Inventory Period Assign Items to the Inventory Organization 1. Responsibility = Purchasing, Vision India Hyderabad 2. (N) Items> Master Items

3. Select Inventory Organization from List of Values - Inventory Organization = XXH- Hyderabad

4. Query the items one by one as mentioned below: Item Name Organization Assigned

LocRM XXH- Hyderabad Checked LocFG XXH- Hyderabad Checked Loc-Tendu Leaves XXH- Hyderabad Checked Loc-Service XXH- Hyderabad Checked

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• (I) Organization Assignment • (I) Save

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5. Open First Inventory Period for your Inventory Organization.

- (N) Oracle Inventory>Accounting Close Cycle>Inventory Accounting Periods

- Select your Inventory Organization as ‘XXH-Hyderabad’ as created in earlier exercise.

- Place the Cursor on the Period to be Opened - (B) Change Status - Close the Inventory Accounting Periods window.

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Practice - Create a Supplier with Three Sites Overview Your Purchasing Department has decided to procure some material and services from a Vendor. In this practice you will create a supplier with three sites. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Create a Supplier In the Supplier page create the standard supplier as: - XX Corporation Create a Site for Procuring Goods Create a site for XX Corporation for the purpose of Procuring Goods required for the purpose of manufacturing. Create a Site for Availing Services Create a site for XX Corporation for the purpose of Procuring Service required for the purpose of manufacturing. Create a Site for the Purpose of TDS related transactions Create a site for XX Corporation and this site. This site will be used to demonstrate TDS related transactions in later exercises.

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Solution - Create a Supplier with Three Sites_____________________________ Create a Supplier 1. Responsibility = Purchasing, Vision India Hyderabad 2. Open Location window

• (N) Supply Base>Suppliers • Query for the Location Created in the earlier practice

3. (B) Create Supplier - Supplier Type = Standard supplier - Organization Name = XX Corporation

4. (B) Apply 5. (L) Organization

- Type = Manufacturing

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6. (B) Save. 7. (L) Tax and Reporting

- Allow Tax Applicability = Checked

8. (B) Save 9. (L) Purchasing

- Create Debit Memo from RTS Transaction = Checked

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10. (B) Save 11. (T) Receiving

- Receipt Routing = Requires: Standard Receipt - Match Approval Level = 3- Way - Enforce Ship-To Location = Warning

12. (B) Save

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13. (T) Payment Details - Check = Checked (Default)

14. (B) Save 15. (T) Invoice Management

- Invoice Currency = Indian Rupee - Invoice Match Option = Receipt - Payment Currency = Indian Rupee - Terms = Immediate - Pay Group = Standard Supplier Group - Terms Date Basis = Invoice

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16. (B) Save Create a Site for Procuring Goods 17. (L) Address Book 18. (B) Create. 19. Enter the Supplier site address information as follows:

- Country = India - Address Line 1 = Plot No 123 - Address Line 2 = Main Market - City = Hyderabad - State = Andhra Pradesh - Postal Code = 600011 - Address Name = Hyderabad - Address Purpose, Purchasing = Checked - Address Purpose, Payment = Checked

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20. (B) Continue 21. Enable Vision India Hyderabad operating unit for this site by checking the box next to the site name Hyderabad

22. (B) Apply. This creates the basic supplier site. Create a Site for Availing Services 23. (L) Address Book

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24. (B) Create 25. Enter the Supplier site address information as mentioned below:

- Country = India - Address Line 1 = Plot No 56 - Address Line 2 = Merry Street - City = Hyderabad - State = Andhra Pradesh - Postal Code = 600002 - Address Name = HYD-SERVICE - Address Purpose, Purchasing = Checked - Address Purpose, Payment = Checked


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28. (B) Apply. This creates the basic supplier site. Create a Site for TDS related transactions 29. (L) Address Book 30. (B) Create 31. Enter the Supplier site address information as mentioned below:

- Country = India - Address Line 1 = 123 - Address Line 2 = Begumpeth - Address Line 3 = OBC Complex - City = Hyderabad - State = Andhra Pradesh - Postal Code = 600002 - Address Name = DEL-REN-I - Address Purpose, Purchasing = Checked - Address Purpose, Payment = Checked

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34. (B) Apply. This creates the basic supplier site. 35. (L) Purchasing 36. (T) Self Billing.

- Enable Create Debit Memo from RTS Transaction for all the sites.

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- (T) Freight - Country of Origin = India

37. (B) Save 38. (L) Invoice Management

- Invoice Match Option, Hyderabad = Receipt - Invoice Match Option, DEL-REN-I = None - Invoice Match Option, HYD-SERVICE = Purchase Order

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39. (B) Save

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Practice - Create a New Customer_____________________________________ Overview In this practice, you create a new Customer and Customer Account Details and Account Site Details for the customer. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Create an Organization Customer 1. Responsibility = Receivables, Vision India Hyderabad

2. Navigate to Define Customer page

- (N) Oracle Receivables>Customers>Create/Maintain Customers

3. Use Following Customer information - Organization Name = XX AR Corporation

4. Scroll Down on the page to enter account site information 5. Use following account site information

Field Name Value Country India Address Line 1 Plot No 123 Address Line 2 PVR Complex Address Line 3 Near Hussain Sagar Lake City Hyderabad State Andhra Pradesh Postal Code 600001 Operating Unit Vision India Hyderabad 6. (B) Apply Define Account Details 7. Click on Details under Create Account Section 8. (T) Profile Amounts

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9. (B) Add Currencies and add INR as Currency 10. Define the Values as mentioned below:

Field Name Value Min Receipt Amount 0.01 Credit Limit 1000000 Order Credit Limit 1000000 Min Statement Amount 1 Min Dunning Amount 5 Minimum Dunning Invoice Amount 50 11. (T) Order Management

- Price List = Loc-India Price List

12. (B) Apply Define Account Site Details 13. Click on Details under Create Site Section 14. (T) Business Purpose 15. Add Ship To Site and Select Bill To Site for Ship To Site. 16. Click on Details against Ship to Site 17. Select Prices List under Order Management Section as mentioned below: - Price List = Loc-India Price List 18. (B) Apply 19. (T) Profile Amount 20. (B) Add Currencies and add ‘INR’ as Currency

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21. Define the values as mentioned below:

Field Name Value Min Receipt Amount 0.01 Credit Limit 1000000 Order Credit Limit 1000000 Min Statement Amount 120 Min Dunning Amount 10 Minimum Dunning Invoice Amount 50 22. (B) Apply 23. Close the Customer Creation Page.

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Solution - Create a New Customer_____________________________________ Tasks Create an Organization Customer 1. Responsibility = Receivables, Vision India Hyderabad 2. Navigate to Define Customer page

- (N) Oracle Receivables>Customers>Create/Maintain Customers

3. Use Following Customer information - Organization Name = XX AR Corporation

4. Scroll Down on the page to enter account site information 5. Use following account site information

Field Name Value Country India Address Line 1 Plot No 123 Address Line 2 PVR Complex Address Line 3 Near Hussain Sagar Lake City Hyderabad State Andhra Pradesh Postal Code 600001 Operating Unit Vision India Hyderabad 6. (B) Apply Define Account Details 7. Click on Details under Create Account Section

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8. (T) Profile Amounts 9. (B) Add Currencies and add ‘INR’ as Currency 10. Define the Values as mentioned below:

Field Name Value Min Receipt Amount 0.01 Credit Limit 1000000 Order Credit Limit 1000000 Min Statement Amount 1 Min Dunning Amount 5 Minimum Dunning Invoice Amount 50

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11. (T) Order Management

- Price List = Loc-India Price List

12. (B) Apply

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Define Account Site Details 13. Click on Details under Create Site Section 14. (T) Business Purpose 15. Add Ship To Site and Select Bill To Site for Ship To Site.

16. Click on Details against Ship to Site 17. Select Prices List under Order Management Section as mentioned below:

c. Price List = Loc-India Price List

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18. (B) Apply 19. (T) Profile Amount 20. (B) Add Currencies and add ‘INR’ as Currency 21. Define the values as mentioned below:

Field Name Value Min Receipt Amount 0.01 Credit Limit 1000000 Order Credit Limit 1000000 Min Statement Amount 120 Min Dunning Amount 10 Minimum Dunning Invoice Amount 50

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22. (B) Apply 23. Close the Customer Creation Page.

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Practice - Create a Receivable Transaction Type- Credit Memo_____________ Overview In this practice, you create a new Receivable Transaction Type for Credit Memo. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Create a Receivable Transaction Type 1. Responsibility = Receivable, Vision India Hyderabad 2. Navigate to Transaction Type Definition Window

(N) Oracle Receivable>Setup>Transaction>Transaction Types

3. Enter the details as: - Operating Unit = Vision India Hyderabad - Name = XX_CM_Hyderabad - Description = Regular Credit Memo XX_Hyderabad - Class = Credit Memo - Creation Sign = Negative - Transaction Status = Open - Printing Option = Print - Start Date = 01-JAN-1990 - Open Receivable = Checked - Post to GL = Checked - Natural Application = Checked - Allow Freight = Checked

4. (T) Account 5. Enter the Accounts as mentioned in the table:

Account Type Account Value Receivable Account 01.000.1210.0000.0000 Revenue Account 01.101.4110.0000.0000 Freight Account 01.101.7225.0000.0000 Unbilled Receivable Account 01.000.1235.0000.0000 Tax Account 01.000.2460.0000.0000 Clearing Account 01.000.1255.0000.0000 Unearned Revenue Account 01.000.2265.0000.0000 6. Save

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Solution - Create a Receivable Transaction Type- Credit Memo ____________ Create Receivable Transaction Type for Credit Memo 1. Responsibility = Receivable, Vision India Hyderabad 2. Navigate to Transaction Type Definition Window


3. Enter the details as: - Operating Unit = Vision India Hyderabad - Name = XX_CM_Hyderabad - Description = Regular Credit Memo XX_Hyderabad - Class = Credit Memo - Creation Sign = Negative - Transaction Status = Open - Printing Option = Print - Start Date = 01-JAN-1990 - Open Receivable = Checked - Post to GL = Checked - Natural Application = Checked - Allow Freight = Checked


Account Type Account Value Receivable Account 01.000.1210.0000.0000 Revenue Account 01.101.4110.0000.0000 Freight Account 01.101.7225.0000.0000 Unbilled Receivable Account 01.000.1235.0000.0000 Tax Account 01.000.2460.0000.0000 Clearing Account 01.000.1255.0000.0000 Unearned Revenue Account 01.000.2265.0000.0000

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6. Save

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Practice - Create a Receivable Transaction Type- Invoice_____________ Overview In this practice, you create a new Receivable Transaction Type for Invoice. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Create a Receivable Transaction Type 1. Responsibility = Receivable, Vision India Hyderabad 2. Navigate to Transaction Type Definition Window


3. Enter the details as: - Operating Unit = Vision India Hyderabad - Name = XX_INV_Hyderabad - Description = Regular Invoice XX_Hyderabad - Class = Invoice - Creation Sign = Positive - Transaction Status = Open - Printing Option = Print - Credit Memo Type = XX_CM_Hyderabad - Start Date = 01-JAN-1990 - Open Receivable = Checked - Post to GL = Checked - Natural Application = Checked - Allow Freight = Checked


Account Type Account Value Receivable Account 01.000.1210.0000.0000 Revenue Account 01.101.4110.0000.0000 Freight Account 01.101.7225.0000.0000 Unbilled Receivable Account 01.000.1235.0000.0000 Tax Account 01.000.2460.0000.0000 Clearing Account 01.000.1255.0000.0000 Unearned Revenue Account 01.000.2265.0000.0000 6. Save

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Solution - Create a Receivable Transaction Type- Invoice_______________ Create Receivable Transaction Type for Invoice 1. Responsibility = Receivable, Vision India Hyderabad 2. Navigate to Transaction Type Definition Window


3. Enter the details as: - Operating Unit = Vision India Hyderabad - Name = XX_INV_Hyderabad - Description = Regular Invoice XX_Hyderabad - Class = Invoice - Creation Sign = Positive - Transaction Status = Open - Printing Option = Print - Credit Memo Type = XX_CM_Hyderabad - Start Date = 01-JAN-1990 - Open Receivable = Checked - Post to GL = Checked - Natural Application = Checked - Allow Freight = Checked


Account Type Account Value Receivable Account 01.000.1210.0000.0000 Revenue Account 01.101.4110.0000.0000 Freight Account 01.101.7225.0000.0000 Unbilled Receivable Account 01.000.1235.0000.0000 Tax Account 01.000.2460.0000.0000 Clearing Account 01.000.1255.0000.0000 Unearned Revenue Account 01.000.2265.0000.0000

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6. Save

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Practice - Create Sales Order Transaction Type__________________________ Overview In this practice, you shall be creating Transaction Type for Sales Order. Assumptions


training or tests instance at your site on which to complete this practice. Tasks 1. Responsibility = Order Management, Vision India Hyderabad 2. Create Line Transaction Type Named

- XX-Standard Line-Short Org Name - XX-Standard Return Line=Short Org Name

3. Create Order Transaction Type Named

- XX-Standard Order-Short Org Name - XX-Standard Return-Short Org Name - XX-Bill Only Order-Short Org Name

4. Assign Line Flows to the Order Transaction Types. 5. Assign a Document Sequence to the Order Transaction Types created in earlier step.

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Solution - Create Sales Order Transaction Types Create Line Transaction Type 1. Responsibility = Order Management, Vision India Hyderabad 2. Navigate to Transaction Types Window

- (N) Oracle Order Management>Setup>Transaction Types>Define

3. Create the transaction type for standard order by entering the following information - Operating Unit = Vision India Hyderabad - Transaction Type = XX-Standard Line-Short Org Name - Description = Standard Line Type - Sales Document Type = Sales Order - Order Category = Order - Transaction Type Code = Line - Effective Dates- From Date = Current Date - (T) Finance - Source = ORDER ENTRY – INDIA - Receivables Transaction Type = XX_INV_Hyderabad - Conversion Type = Corporate

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4. (I) Save. 5. (M) File>New 6. Create the transaction type for return order by entering the following information

- Operating Unit = Vision India Hyderabad - Transaction Type = XX-Std Return Line-Short Org Name - Description = Standard Line Type - Sales Document Type = Sales Order - Order Category = Return - Transaction Type Code = Line - Effective Dates- From Date = Current Date - (T) Finance - Source = ORDER ENTRY – INDIA - Receivables Transaction Type = XX_INV_Hyderabad

7. (I) Save

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Create Order Transaction Type for Order Header 8. (I) New 9. Create Order Header Transaction Type for Standard Order, enter the following information:

- Operating Unit = Vision India Hyderabad - Transaction Type = XX-Standard Order-Short Org Name - Description = Standard Order Type - Sales Document Type = Sales Order - Order Category = Order - Transaction Type Code = Order - Fulfillment Flow = Order Flow- Generic - Effective Dates- From Date = Current Date - (T) Main - Default Order Line Type = XX-Standard Line-Short Org Name - (T) Finance - Source = ORDER ENTRY – INDIA - Receivables Transaction Type = XX_INV_Hyderabad - Conversion Type = Corporate

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10. (B) Assign Line Flows

- Order Type = XX-Standard Order-Short Org Name - Line Type = XX-Standard Line-Short Org Name - Process Name = Line Flow – Generic - Start Date = Current Date

11. (B) OK 12. (I) Save 13. (I) New- Create Order Header Transaction Type for Return Order, enter the following information:

- Operating Unit = Vision India Hyderabad - Transaction Type = XX-Standard Return-Short Org Name - Description = Return Order for Credit - Sales Document Type = Sales Order - Order Category = Return - Transaction Type Code = Order - Fulfillment Flow = Order Flow- Generic - Effective Dates- From Date = Current Date - (T) Main - Default Order Line Type = XX-Std Return Line-Short Org Name - (T) Finance - Source = ORDER ENTRY – INDIA - Receivables Transaction Type = XX_INV_Hyderabad - Conversion Type = Corporate

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- Order Type = XX-Standard Return-Short Org Name - Line Type = XX-Std Return Line-Short Org Name - Process Name = Line Flow – Return for Credit with Receipt - Start Date = Current Date

15. (B) OK 16. (I) Save 17. (I) New- Create Order Header Transaction Type for Bill Only Order, enter the following information:

- Operating Unit = Vision India Hyderabad - Transaction Type = XX-Bill Only Order-Short Org Name - Description = Bill Only Order-Short Org Name - Sales Document Type = Sales Order - Order Category = Order - Transaction Type Code = Order - Fulfillment Flow = Order Flow- Generic - Effective Dates- From Date = Current Date

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- (T) Main - Default Order Line Type = XX-Standard Line-Short Org Name - (T) Finance - Source = ORDER ENTRY – INDIA - Receivables Transaction Type = XX_INV_Hyderabad - Conversion Type = Corporate


- Order Type = XX-Bill Only Order-Short Org Name - Line Type = XX-Standard Line-Short Org Name - Process Name = Line Flow - Generic, Bill Only - Start Date = Current Date

19. (B) OK 20. (I) Save 21. Close the Order Transaction Type window

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Assign a Document Sequence to the Order Transaction Type 22. (N) Oracle Order Management>Setup>Document>Assign 23. Assign the Sequence as Mentioned in the below table: Application Category Ledger Start Date Sequence Order Management

XX-Standard Order-Short Org Name

Vision India 01-APR-2008 IN-Sales

Order Management

XX-Standard Return-Short Org Name

Vision India 01-APR-2008 IN_Returns

Order Management

XX-Bill Only Order-Short Org Name

Vision India 01-APR-2008 IN-Sales

24. (I) Save 25. Close and Exit from the Sequence Assignment window.

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Practice - Create an Asset Book_____________________________________ Overview In this practice, you will create an asset book to be used in the later exercises Assumptions


training or tests instance at your site on which to complete this practice. Tasks Create an Asset Book 1. Responsibility = Assets, Vision India Hyderabad 2. Navigate to Book Controls Window

d. (N) Oracle Fixed Assets>Setup>Asset System>Book Controls

3. Enter the values according to following table: Field Value Book XX-FA Book Description XX-Vision India HYD Asset Book Class Corporate Book Associated Corporate Book XX-FA Book

4. (T) Calendar 5. Enter the values according to the following table:

Field Value GL Set of Book India Allow GL Posting Checked Depreciation Calendar IND MONTHLY Prorate Calendar IND DAILY Current Period Current Month-Latest Fiscal Year

E.g. for 01-Aug-09 to 31-Aug-09 select period as Aug-10

Divide Depreciation Evenly Depreciate if Retired in First Year Checked 6. (T) Accounting Rules 7. Check the or leave unchecked the specified check boxes:

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Field Value

Allow Amortized Changes Unchecked Allow Mass Changes Checked Allow Cost Changes Unchecked Allow Revaluations Checked 8. (T) Natural Accounts 9. Enter the values according to the following table

Account Gain Loss Clearing Proceeds of Sale 7430 7435 1255 Cost of Removal 7440 7445 2230 Net Book Value Retired

7450 7455

Reval Reserve Retired 7450 7455 Field Value

Deferred Depreciation Reserve 2260 Deferred Depreciation Expense 7310 Depreciation Adjustment 7310 Account Generator Default 01.000.1670.0000.0000 10. (I) Save 11. Close the Book Control window.

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Solution - Create an Asset Book_____________________________________ Tasks Create an Asset Book 1. Responsibility = Assets, Vision India Hyderabad 2. Navigate to Book Controls Window

- (N) Oracle Fixed Assets>Setup>Asset System>Book Controls

3. Enter the values according to following table: Field Value Book XX-FA Book Description XX-Vision India HYD Asset Book Class Corporate Book Associated Corporate Book XX-FA Book

4. (T) Calendar 5. Enter the values according to the following table:

Field Value GL Set of Book India Allow GL Posting Checked Depreciation Calendar IND MONTHLY Prorate Calendar IND DAILY Current Period Current Month-Latest Fiscal Year

E.g. for 01-Aug-09 to 31-Aug-09 select period as Aug-10

Divide Depreciation Evenly Depreciate if Retired in First Year Checked

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6. (T) Accounting Rules 7. Check the or leave unchecked the specified check boxes:

Field Value Allow Amortized Changes Unchecked Allow Mass Changes Checked Allow Cost Changes Unchecked Allow Revaluations Checked

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8. (T) Natural Accounts 9. Enter the values according to the following table

Account Gain Loss Clearing Proceeds of Sale 7430 7435 1255 Cost of Removal 7440 7445 2230 Net Book Value Retired

7450 7455

Reval Reserve Retired 7450 7455 Field Value

Deferred Depreciation Reserve 2260 Deferred Depreciation Expense 7310 Depreciation Adjustment 7310 Account Generator Default 01.000.1670.0000.0000

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10. (I) Save 11. Close the Book Control window.

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Practice- Assign Asset Category to the Asset Book________________________ Overview In this practice, you will assign asset category to the Book Created in earlier exercise. Assumptions


training or tests instance at your site on which to complete this practice. Add Asset Category to the Asset Book 1. Responsibility = Assets, Vision India Hyderabad 2. Navigate to Asset Categories window

- (N) Oracle Fixed Assets>Setup>Asset System>Asset Categories

3. Query and Existing Category Combination - F-11 - Enter ‘FURNITURE%’ in the Category Field - CTL-F11

4. Place the Cursor in the Book Field 5. Select

- Book = XX-FA CORP

6. Enter the Accounting information as mentioned in the following table and Enter Method and Prorate Convention after clicking on the Default Rule Button)

Category Asset Cost Account

Asset Clearing Account

Depreciation Account

Accum. Depreciation Account/Reval Reserve Account

Method/ Rate/ Adjusted Rate

Prorate Convention

FURNITURE-DESK

01.000.1640. 0000.0000

01.000.1670 .0000.0000

01.000.7330. 0000.0000

01.000. 2530.0000.0000/ 01.000.3310. 0000.0000

SLM Rates/10

IND DAILY

7. (I) Save

8. Close and Exit from the Asset Category window 9. Add Two to Three assets using Quick Asset Addition.

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Solution - Assign Asset Category to the Asset Book _______________________ Tasks Add Asset Category to the Asset Book

1. Responsibility = Assets, Vision India Hyderabad

2. Navigate to Asset Categories window - (N) Oracle Fixed Assets>Setup>Asset System>Asset Categories

3. Query and Existing Category Combination - F-11 - Enter ‘FURNITURE%’ in the Category Field - CTL-F11

4. Place the Cursor in the Book Field

5. Select - Book = XX-FA CORP

6. Enter the Accounting information as mentioned in the following table and Enter Method and Prorate Convention after clicking on the Default Rule Button)

Category Asset Cost Account

Asset Clearing Account

Depreciation Account

Accum. Depreciation Account/Reval Reserve Account

Method/ Rate/ Adjusted Rate

Prorate Convention

FURNITURE-DESK

01.000.1640. 0000.0000

01.000.1670 .0000.0000

01.000.7330. 0000.0000

01.000. 2530.0000.0000/ 01.000.3310. 0000.0000

SLM Rates/10

IND DAILY

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7. (I) Save

8. Close and Exit from the Asset Category window

9. Add Two to Three assets using Quick Asset Addition.

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Practice - Define Organization Additional Information Overview In this Practice you will learn how to define the Organization Additional Information. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to the Additional Organization Definition window. (N) India Localization>Setup>Additional Information. 2. Select the Inventory Organization in the Name Field as Created in the earlier exercise at header level. - Name = XXH- Hyderabad 3. Define Information in the Tax Info Tab as mentioned below:

- Master Org Info: Leave Blank - Excise Block Info: Enter Information in Range, Division, Registration No,

Zone, Region, Circle, Collectorate and EC Code - Sales Tax Block Info: Enter CST and LST Registration No. - Income Tax Block Info: Enter PAN/ TAN/ Ward No. - VAT Block Info: Enter VAT Registration No.

4. Enter Accounting Information as mentioned below: Num Block Field Account Code 1 Excise Account Information OSP Excise 01.000.5810.0000.0000 2 Excise Account Information Excise Expense 01.000.5820.0000.0000 3 Excise Account Information Excise Payable/Paid 01.000.2410.0000.0000 4 Excise Account Information CENVAT RM 01.000.1510.0000.0000 5 Excise Account Information CENVAT CG 01.000.1515.0000.0000 6 Excise Account Information PLA Register 01.000.2415.0000.0000 7 Excise Account Information Excise RG 23D 01.000.2420.0000.0000 8 Excise Account Information Bill of Entry 01.000.2425.0000.0000 9 Excise Account Information Scrap Cost 01.000.1499.0000.0000 10 Excise Account Information CENVAT Receivable 01.000.1520.0000.0000 11 Excise Account Information CENVAT Reversal 01.000.1525.0000.0000 12 Excise Account Information Customs Write Off 01.000.5830.0000.0000 13 Excise Account Information RTV Expense 01.000.5840.0000.0000 14 Excise Account Information RG Excise Rounding 01.000.5850.0000.0000 15 Cess Account Information Cess Paid Payable 01.000.2445.0000.0000

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16 Cess Account Information Cess RM 01.000.1550.0000.0000 17 Cess Account Information Cess CG 01.000.1555.0000.0000 18 Cess Account Information CESS Receivable 01.000.1560.0000.0000 19 Cess Account Information Excise CESS

Rounding 01.000.5855.0000.0000

20 Secondary and Higher Cess Account Information

Paid Payable 01.000.2446.0000.0000


Receivable 01.000.1551.0000.0000


CG 01.000.1556.0000.0000


RM 01.000.1561.0000.0000


Rounding 01.000.5856.0000.0000

25 Expense Excise Taxes on RTV

Enable the Flag

5. Enter the Preference Information as mentioned below: Parameters Block

- OSP Return Days: 180 - OSP Excise Pct (%): 0 - Days allowed for 173 L: Leave Blank - Sales Tax Return Days: 180 - Excise Return Days: 180 - Vat Return Days: 180 - Modvat Reversal (%): 8 Register Preferences: - -Ve balance in PLA: Enable this flag - RG 23A : 1 - RG 23 C: 2 - PLA: 3 Receipts - Allow Tax Change on WMS Receipt: Leave Blank - Allow Tax Change on Receipt: Enable the Flag - Allow Tax Change On ROI Receipts: Enable the Flag Bill Only Workflow - Default Location: Select the Location in this field

6. Trading Info Tab: Leave Blank 7. (B) Tax Calendar - Define the Start Calendar for the Inventory Org

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8. (B) Excise Generation 9. Enter the Excise Generation Criteria as mentioned below: Transaction Type Prefix Start No Jump By Domestic DOM 20001 1 Export EXP 45001 1 Return to Vendor RTV 90001 1 10. Save your work 11. Define the same information at Inventory Organization and Location combination level.

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Solution - Define Organization Additional Information Tasks Define Additional Organization Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Additional Organization Definition Window

• (N) India Localization>Setup>Additional Information

3. Select your Inventory Organization in the Name Field. - Name = XXH-Hyderabad

4. (T) Tax Info Define Information in the Tax Info Tab as mentioned below:

- Master Org Info: Leave Blank - Excise Block Info: Enter Information in Range, Division, Registration No,

Zone, Region, Circle, Collectorate and EC Code - Sales Tax Block Info: Enter CST and LST Registration No. - Income Tax Block Info: Enter PAN/ TAN/ Ward No. - VAT Block Info: Enter VAT Registration No

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5. (T) Accounting Info Enter Accounting Information as mentioned below: Num Block Field Account Code 1 Excise Account Information OSP Excise 01.000.5810.0000.0000 2 Excise Account Information Excise Expense 01.000.5820.0000.0000 3 Excise Account Information Excise Payable/Paid 01.000.2410.0000.0000 4 Excise Account Information CENVAT RM 01.000.1510.0000.0000 5 Excise Account Information CENVAT CG 01.000.1515.0000.0000 6 Excise Account Information PLA Register 01.000.2415.0000.0000 7 Excise Account Information Excise RG 23D 01.000.2420.0000.0000 8 Excise Account Information Bill of Entry 01.000.2425.0000.0000 9 Excise Account Information Scrap Cost 01.000.1499.0000.0000 10 Excise Account Information CENVAT Receivable 01.000.1520.0000.0000 11 Excise Account Information CENVAT Reversal 01.000.1525.0000.0000 12 Excise Account Information Customs Write Off 01.000.5830.0000.0000 13 Excise Account Information RTV Expense 01.000.5840.0000.0000 14 Excise Account Information RG Excise Rounding 01.000.5850.0000.0000 15 Cess Account Information Cess Paid Payable 01.000.2445.0000.0000 16 Cess Account Information Cess RM 01.000.1550.0000.0000 17 Cess Account Information Cess CG 01.000.1555.0000.0000 18 Cess Account Information CESS Receivable 01.000.1560.0000.0000 19 Cess Account Information Excise CESS 01.000.5855.0000.0000

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Rounding 20 Secondary and Higher Cess

Account Information Paid Payable 01.000.2446.0000.0000


Receivable 01.000.1551.0000.0000


CG 01.000.1556.0000.0000


RM 01.000.1561.0000.0000


Rounding 01.000.5856.0000.0000

25 Expense Excise Taxes on RTV

Enable the Flag

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6. (T) Preferences Tab Enter the Preference Information as mentioned below: Parameters Block

- OSP Return Days: 180 - OSP Excise Pct (%): 0 - Days allowed for 173 L: Leave Blank - Sales Tax Return Days: 180 - Excise Return Days: 180 - Vat Return Days: 180 - Modvat Reversal (%): 8 Register Preferences: - -Ve balance in PLA: Enable this flag - RG 23A: 1 - RG 23 C: 2 - PLA: 3 Receipts - Allow Tax Change on WMS Receipt: Leave Blank - Allow Tax Change on Receipt: Enable the Flag - Allow Tax Change On ROI Receipts: Enable the Flag Bill Only Workflow - Default Location: Select the Location in this field

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7. (T) Trading Info: Leave Blank

8 (B) Tax Calendar

- Define the First Calendar for the Inventory Org

9. (B) Excise Generation

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10. Enter the Excise Generation Criteria as mentioned below: Transaction Type Prefix Start No Jump By Domestic DOM 20001 1 Export EXP 45001 1 Return to Vendor RTV 90001 1 11. (I) Save 12. (B) OK

13. (B) Yes

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14. (B) Yes

15. Define the same information at Inventory Organization and Location combination level.

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Practice- Define Sub Inventory Location Overview In this Practice you will learn how to define the Sub Inventory Locations. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to the Sub Inventory Locations definition window (N) India Localization>Setup>Sub Inventory Locations 2. Select the Inventory Organization and the Locations at the Header level 3. Select the Sub Inventory and enable the flag as Bonded or Trading.

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Solution - Define Sub Inventory Location Tasks Define Sub Inventory Location Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Sub Inventory Location Definition Window

• (N) India Localization>Setup>Sub Inventory Location

3. Organization: Select your Organization in this field Location: Select the Location attached with this Organization. 4. Define Sub Inventory Locations as mentioned below: Sub-Inventory Bonded/ Trading Flag AX_INTRANS Bonded FGI Bonded OSP Bonded RMI Bonded Repair Bonded Return Bonded Staging Bonded WIP Bonded 5. Save your work.

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Practice - Define Item Localization Information Overview In this Practice you will learn how to define the Item Localization Information for Excise. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to the Item Localization Information Definition Window (N) India Localization>Setup>Item Setup>Vat/Excise Item Classification 2. Select:

- Operating Unit: Vision Hyderabad - Item/Template: Item Attribute - Regime: Leave Blank - Organization: Leave Blank - Item Name: Leave Blank

3. (B) New 4. Select:

- Regime: Excise - Organization: XXH-Hyderabad - Item Name: LocRM

5. Select the values as mentioned below: Attribute Name Attribute Value Tradable No Item Class Raw Materials India Modvatable Yes Excisable Yes 6. Save your work. 7. Repeat steps 1 to 6 for Item ‘LocFG’ and ‘Loc-Tendu Leaves. Select Item Class as Finished Goods India for both the Items.

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Solution - Define Item Localization Information Tasks Define Item Localization Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Item Localization Definition window

• (N) India Localization>Setup>Item Setup>Vat/Excise Item Classification

3. Select: - Operating Unit: Vision Hyderabad - Item/Template: Item Attribute - Regime: Leave Blank - Organization: Leave Blank - Item Name: Leave Blank

4. (B) New

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5. Select:

- Regime: Excise - Organization: XXH-Hyderabad - Item Name: LocRM

6. Select the values as mentioned below: Attribute Name Attribute Value Tradable No Item Class Raw Materials India Modvatable Yes Excisable Yes 7. Save your work. 8. Repeat steps 1 to 6 for Item ‘LocFG’ and ‘Loc-Tendu Leaves. Select Item Class as Finished Goods India for both the Items.

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Practice- Define Tax Codes for Excise Duty Overview In this Practice you will learn how to define the Tax Codes for Excise Regime. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Tax Code Definition Window (N) India Localization>Setup>Tax Setup>Taxes 2. Select the Organization for Tax Definition 3. Define the Tax Code Information as:

- Name: XX Basic Excise Duty-16% - Type: Excise-Basic - Description: Enter a relevant Description - Account: 01.000.2410.0000.0000 - Rate-Percentage: 16 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

4. Save your work. 5. Similarly define Tax Codes for Education Cess and Secondary and Higher Education Cess with the following details

For Education Cess - Name: XX- Excise - Education Cess-2% - Type: Excise - Education Cess - Description: Enter a relevant Description - Account: 01.000.2445.0000.0000 - Rate-Percentage: 2 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

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For Secondary and Higher Education Cess - Name: XX Excise - Secondary Ed Cess-1% - Type: Excise SH Education Cess - Description: Enter a relevant Description - Account: 01.000.2446.0000.0000 - Rate-Percentage: 1 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

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Solution - Define Tax Code for Excise Duty Tasks Define Tax Codes 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Tax Code Definition window

• (N) India Localization>Setup>Tax Setup>Taxes

3. Select: - Organization: XXH- Organization Name

4. (B) OK

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5. Define the Tax Code Information as:

- Name: XX Basic Excise Duty - Type: Excise-Basic - Description: Enter a relevant Description - Account: 01.000.2410.0000.0000 - Rate-Percentage: 16 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

6. Save your work. 7. Similarly define Tax Codes for Education Cess and Secondary and Higher Education Cess with the following details

For Education Cess - Name: XX- Excise - Education Cess-2% - Type: Excise - Education Cess - Description: Enter a relevant Description - Account: 01.000.2445.0000.0000 - Rate-Percentage: 2 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

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For Secondary and Higher Education Cess - Name: XX Excise - Secondary Ed Cess-1% - Type: Excise SH Education Cess - Description: Enter a relevant Description - Account: 01.000.2446.0000.0000 - Rate-Percentage: 1 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

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Practice - Define Tax Categories for Excise Duty Taxes Overview In this Practice you will learn how to define the Tax Categories to be used for Excise Regime. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Tax Category Definition Window (N) India Localization>Setup>Tax Setup>Tax Categories 2. Select the Organization for Tax Category Definition 3. Define the Tax Category Information as:

- Tax Category: XX Loc-Excise16%Vat12.5% - Description: Loc-Excise16%Vat12.5%

4. Attach Tax Codes to Tax Category as per the below mentioned table: Line No

Tax Name Precedence 1

Precedence 2

Precedence 3

Precedence 4

1 XX Basic Excise Duty-16%

0

2 XX Excise - Education Cess-2%

1

3 XX Excise - Secondary Ed Cess-1%

1

4 XX VAT 12.5% (To be added later)

0 1 2 3

5. Save your work.

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Solution - Define Tax Categories for Excise Duty Taxes Tasks Define Tax Category Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Tax Category Definition window

• (N) India Localization>Setup>Tax Setup>Tax Categories


4. (B) OK

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5. Define the Tax Category Information as: - Tax Category: XX Loc-Excise16%Vat12.5% - Description: XX Loc-Excise16%Vat12.5%



Precedence 2

Precedence 3

Precedence 4


0


1


1

4 XX VAT 12.5% (Optional)

0 1 2 3

7. Save your work.

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Practice - Define Item Categories for Excise Duty Overview In this Practice you will learn how to define the Item Categories to be used for Excise Regime. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Item Category Definition Window (N) India Localization>Setup>Tax Setup>Item Categories 2. Select the Organization for Item Category Definition 3. Define the Item Category Information as:

- Name: XX LOC-Excise 16% Vat12.5% - Description: Local Excise 16% and Vat12.5%

4. Attach Items to Tax Category as per the below mentioned table: Item Tax Category LocRM XX Loc-Excise16%Vat12.5% Loc FG XX Loc-Excise16%Vat12.5%

5. Save your work.

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Solution - Define Item Categories Tasks Define Item Category Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Item Category Definition window

• (N) India Localization>Setup>Tax Setup>Item Categories

3. (B) OK

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4. Define the Item Category Information as:

- Name: XX LOC-Excise 16% Vat12.5% - Description: Local Excise 16% and Vat12.5%

5. Attach Items to Tax Category as per the below mentioned table: Item Tax Category LocRM XX Loc-Excise16%Vat12.5% LocFG XX Loc-Excise16%Vat12.5%

6. Save your work.

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Practice- Define Supplier Additional Information Overview In this Practice you will learn how to define the Supplier Additional Information. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to Supplier Additional Information Window (N) India Localization>Suppliers>Additional Supplier Info 2. Select the Supplier Name at Null Site Level 3. Save the Record 4. Select the Supplier and the Site. 5. Select the Item Category in the ‘Item Category List’ field as created in the previous lab. 6. Enter the Excise/ Sales Tax/ VAT/ Service Tax registration details 7. Save the Record.

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Solution - Define Supplier Additional Information Tasks Define Supplier Additional Information 1. Responsibility: Purchasing, Vision India (Hyderabad) 2. Navigate to the Supplier Additional Information Definition window

• (N) India Localization>Suppliers>Supplier Additional Info Supplier Null Site Level Setup

3. Select the Name of the Supplier as created in the previous labs - Name = XX Corporation 4. Save the Record

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Supplier Site Level Setup

5. Select the Name of the Supplier and enter the details as mentioned below:

- Name: XX Corporation - Site: Hyderabad - Item Category List: XX LOC-Excise 16% Vat12.5% - Excise- Range: Enter a Value - Excise- Division: Enter a Value - Excise- Registration No: Enter a Value - Excise-Zone: Enter a Value - Excise-Region: Enter a Value - Excise-Circle: Enter a Value - Excise-Collectorate: Enter a Value - Excise-EC Code: Enter a Value - Assessable Value: Leave Blank - Sales Tax- CST Reg No: Enter a Value (if applicable) - Sales Tax- LST Reg No: Enter a Value (If applicable) - VAT- RegNo: Enter a Value for Vat Registration Number - Assessable Value: Leave Blank (To be filled in case assessable value is used) - Service Tax- Service Tax Reg No: Enter a Value for Service Tax Registration

Number (If applicable) - Service Tax-Service Type: Select a Value (If applicable)

6. Save your work.

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Practice- Define Customer Additional Information Overview In this Practice you will learn how to define the Customer Additional Information. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivable, Vision India (Hyderabad) 1. Navigate to Customer Additional Information Window (N) India Localization>Customers>Additional Information 2. Select the Customer Name at Null Site Level 3. Save the Record 4. Select the Customer and the Site. 5. Select the Item Category in the ‘Item Category List’ field as created in the previous lab. 6. Enter the Excise/ Sales Tax/ VAT/ Service Tax/TCS registration details 7. Save the Record.

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Solution - Define Customer Additional Information Tasks Define Customer Additional Information 1. Responsibility: Receivables, Vision India (Hyderabad) 2. Navigate to the Customer Additional Information Definition window

• (N) India Localization>Customers>Additional Information Customer Null Site Level Setup

3. Select the Name of the Supplier as created in the previous labs - Name = XX AR Corporation 4. Save the Record

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Customer Site Level Setup

5. Select the Name of the Supplier

- Name: XX AR Corporation - Site: Select the Site Name as created in previous lab. - Item Category List: XX LOC-Excise 16% Vat12.5% - Excise- Range: Enter a Value - Excise- Division: Enter a Value - Excise- Registration No: Enter a Value - Excise-Zone: Enter a Value - Excise-Region: Enter a Value - Excise-Circle: Enter a Value - Excise-Collectorate: Enter a Value - Excise-EC Code: Enter a Value - Assessable Value: Leave Blank - Sales Tax- CST Reg No: Enter a Value (if applicable) - Sales Tax- LST Reg No: Enter a Value (If applicable) - VAT- RegNo: Enter a Value for Vat Registration Number - Assessable Value: Leave Blank (To be filled in case assessable value is used)

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- Service Tax- Service Tax Reg No: Enter a Value for Service Tax Registration Number (If applicable)

- Service Tax-Service Type: Select a Value (If applicable) - Income Tax-PAN No: Enter a PAN No for your Customer - Income Tax-TAN No: Enter a TAN No for your Customer - Income Tax-Confirm PAN: Enable this Flag - Income Tax-TCS Customer Type: Select ‘Companies’

6. Save your work.

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Practice- Define Bond Register Overview In this Practice you will learn how to define the Bond Register Information. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Order Management, Vision India (Hyderabad) 1. Navigate to Bond Register Definition Window (N) India Localization>Registers>Define Bond Register 2. Select the Information as Mentioned Below:

- Operating Unit: Vision India Hyderabad - Organization: XX Organization Name - Location: Select the Location Associated with your Organization. - Register Type: DOMESTIC_EXCISE

3. Enter the information in Order/Invoice Info Block as mentioned below:

- Order - XX Standard Order- Short Org Name

4. Save the Record

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Solution - Define Bond Register Tasks Define Bond Register 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Bond Register Definition window

• (N) India Localization>Registers>Bond Register

3. Select the Information as Mentioned Below:

- Operating Unit: Vision India Hyderabad - Organization: XXH-Hyderabad - Location: Select the Location Associated with your Organization. - Register Type: DOMESTIC_EXCISE

4. Enter the information in Order/Invoice Info Block as mentioned below:

- Order - XX Standard Order- Short Org Name

5. Save the Record

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Practice - Define BOE Agent Overview In this Practice you will learn how to define a BOE Agent. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to BOE Agent Definition Window (N) India Localization>Setup>Others>BOE Agent 2. Enter the details as Mentioned Below:

- Agent Code: XX-4566 - Agent Name: XX International - Address 1: Enter an address in this field - Address 2: Enter an address in this field - Address 3: Enter an address in this field - City: Enter a City Name in this Field - State: Enter the Name of State in this field. - Pin: Enter a Pin Code in this Field

3. Save the Record

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Solution - Define a BOE Agent Tasks Define BOE Agent 1. Responsibility: Payables, Vision India (Hyderabad) 2. Navigate to the BOE Agent Definition window

• (N) India Localization>Setup>Others>BOE Agent

3. Enter the details as Mentioned Below:

- Agent Code: XX-4566 - Agent Name: XX International - Address 1: Enter an address in this field - Address 2: Enter an address in this field - Address 3: Enter an address in this field - City: Enter a City Name in this Field - State: Enter the Name of State in this field. - Pin: Enter a Pin Code in this Field

4. Save your work

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Practice - Define Service Tax Regime Information Overview In this Practice you will learn how to define Service Tax Regime Information. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Service Tax Regime Definition Window (N) India Localization>India TCS/VAT/Service Tax>Setup>Regime Registration 2. Query the Information for Service Tax Regime 3. (B) Organization 4. Select the Organization as Created in Previous Lab 5. Change the Registration Information as applicable to Your Organization

- Primary Registration Number-Service Tax Registration Number : Enter a Registration No for your organization

- Others-Jurisdiction: Enter a Value for Jurisdiction 6. Review the Accounts associated with the Organization 7. Save the Record

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Solution - Define Service Tax Regime Information Tasks Define Service Tax Regime Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Service Tax Regime Definition window

• (N) India Localization>India TCS/VAT/Service Tax>Setup>Regime Registration

3. Query the Service Tax Regime

- F-11 - Enter Search Criteria as ‘Service Tax’ in the Regime Field - CTL F-11

4. (B) Organization

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5. Select the Values in the Organization Details Block as mentioned below:

- Organization Type: Inventory Organization - Organization Name: XXH-Hyderabad (As created in the earlier labs) - Location: Select Location associated with the Organization - Registration Type- Primary Registration Number-Registration Name-

Registration Value: Enter a Registration Number for your Organization - Registration Type- Others-Jurisdiction-Registration Value: Enter a Value for

Jurisdiction. Note: If the value is changed in any of the field, Default Flag will be disabled automatically.

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6. Review the Accounts defaulted automatically. (Optionally make a change) 7. Save your record.

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Practice - Define Tax Codes for Service Tax Overview In this Practice you will learn how to define the Tax Codes for Service Tax. Assumptions



- Name: XX Service Tax - 10% - Type: Service Tax - Description: Enter a relevant Description - Account: 01.000.1535.0000.0000 - Rate-Percentage: 10 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

4. Save your work. 5. Similarly Define Tax Codes for Education Cess and Secondary and Higher Education Cess for Service Tax with the details as mentioned below: For Education Cess

- Name: XX Education Cess on Service Tax - 2% - Type: Service Tax - Education Cess - Description: Enter a relevant Description - Account: 01.000.1545.0000.0000 - Rate-Percentage: 2 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

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For Secondary and Higher Education Cess - Name: XX SH Cess on Service Tax - 1% - Type: Service SH Education Cess - Description: Enter a relevant Description - Account: 01.000.1546.0000.0000 - Rate-Percentage: 1 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

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Solution - Define Tax Code for Service Tax Tasks Define Tax Code for Service Tax 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Tax Code Definition window



4. (B) OK

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- Name: XX Service Tax-10% - Type: Service Tax - Description: Enter a relevant Description - Account: 01.000.1535.0000.0000 - Rate-Percentage: 10 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

6. Save your work. 7. Similarly Define Tax Codes for Education Cess and Secondary and Higher Education Cess for Service Tax with the details as mentioned below: For Education Cess

- Name: XX Education Cess on Service Tax - 2% - Type: Service Tax - Education Cess - Description: Enter a relevant Description - Account: 01.000.1545.0000.0000 - Rate-Percentage: 2 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

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For Secondary and Higher Education Cess - Name: XX SH Cess on Service Tax - 1% - Type: Service SH Education Cess - Description: Enter a relevant Description - Account: 01.000.1546.0000.0000 - Rate-Percentage: 1 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

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Practice - Define Tax Categories for Service Tax Overview In this Practice you will learn how to define the Tax Categories to be used for Service Tax. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Tax Category Definition Window (N) India Localization>Setup>Tax Setup>Tax Categories 2. Select the Organization for Tax Category Definition 3. Define the Tax Category Information as:

- Tax Category: XX Service Tax (10+2+1) - Description: XX Service Tax (10+2+1)



Precedence 2

Precedence 3

Precedence 4

1 XX Service Tax-10% 0 2 XX Service Tax

Education Cess- 2% 1

3 XX Service Tax SHE Cess-1%

1

5. Save your work.

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Solution - Define Tax Categories for Service Tax Tasks Define Tax Category Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Tax Category Definition window


3. Select: - Organization: XX Organization Name

4. (B) OK

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5. Define the Tax Category Information as: - Tax Category: XX Service Tax (10+2+1) - Description: XX Service Tax (10+2+1)



Precedence 2

Precedence 3

Precedence 4

1 XX Service Tax-10% 0 2 XX Service Tax

Education Cess- 2% 1

3 XX Service Tax SHE Cess-1%

1

7. Save your work.

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Practice - Define Item Categories for Service Tax Overview In this Practice you will learn how to define the Item Categories to be used for Service Tax Regime. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Item Category Definition Window (N) India Localization>Setup>Tax Setup>Item Categories 2. Select the Organization for Item Category Definition 3. Define the Item Category Information as:

- Name: XX Service Tax (10+2+1) - Description: XX Service Tax (10+2+1)

4. Attach Items to Tax Category as per the below mentioned table: Item Tax Category LocService XX Service Tax (10+2+1)

5. Save your work.

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Solution - Define Item Categories for Service Tax Tasks Define Item Category for Service Tax 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Item Category Definition window

• (N) India Localization>Setup>Tax Setup>Item Categories

3. (B) OK

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4. Define the Item Category Information as:

- Name: XX Service Tax (10+2+1) - Description: XX Service Tax (10+2+1)

5. Attach Items to Tax Category as per the below mentioned table: Item Tax Category Loc Service Tax XX Service Tax (10+2+1)

6. Save your work.

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Practice - Define Supplier Additional Information for Service Tax Regime Overview In this Practice you will learn how to define the Supplier Additional Information for Service Tax Regime Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to Supplier Additional Information Window (N) India Localization>Suppliers>Additional Supplier Info 2. Select Supplier Name and Site

- Supplier Name = XX Corporation - Supplier Site = HYD-SERVICE - Item Category List = XX Service Tax (10+2+1)

3. Enter the Tax Category in Standalone AP Invoice Block

- Tax Category = Service Tax 10+2+1

4. Enter the Service Tax Registration Details and Service Type as mentioned below: - Service Tax Reg No = Enter a registration number - Service Type = Cleaning Service

5. (I) Save

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Solution - Define Supplier Additional Information for Service Tax Regime Tasks Define Supplier Additional Information for Service Tax Regime 1. Responsibility: Payables, Vision India (Hyderabad) 2. Navigate to the Supplier Additional Information Definition window

• (N) India Localization>Suppliers>Supplier Additional Info Supplier Site Level Information

3. Select Supplier Name and Site

- Supplier Name = XX Corporation - Supplier Site = HYD-SERVICE - Item Category List = XX Service Tax (10+2+1)

4. Enter the Tax Category in Standalone AP Invoice Block

- Tax Category = Service Tax 10+2+1

5. Enter the Service Tax Registration Details and Service Type as mentioned below: - Service Tax Reg No = Enter a registration number - Service Type = Cleaning Service

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6. (I) Save

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Guided Demonstration - Tax Deducted at Source Regime Definition Overview This Demo is to give an overview of Tax Deducted at Source Regime Definition Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Mumbai) 1. Navigate to TDS Regime Definition window (N) India Localization>India TCS/VAT/Service Tax>Setup>Regime Registration 2. Query the TDS Tax Regime

- F-11 - Enter Search Criteria as ‘TDS’ - CTRL and F-11

3. Discuss about the different attributes specified for TDS Regime 4. (B) Organization 5. Select

- Organization Type: Operating Unit - Organization Name: Vision India Mumbai

6. Save your work. 7. Define PAN No/TAN No/WARD No and other attributes for Mumbai Operating Unit.

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Practice - Define Tax Codes for TDS Taxes Overview In this Practice you will learn how to define the Tax Codes Tax Deducted at Source Regime Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Mumbai) 1. Navigate to Tax Code Definition Window (N) India Localization>Setup>Tax Setup>Taxes 2. Select the Organization for Tax Definition 3. Define the Tax Code Information as:

- Name: XX TDS-194J-11.33%-PROF - Type: Tax Deduction at Source - Description: Enter a relevant Description - Account: 01.000.2450.0000.0000 - Vendor Name: Commissioner Of Income Tax - Vendor Site: MUMBAI - Rate-Percentage (Enter the Basic Rate of Tax): 10 - Information-Section Type: TDS Sections - Information-Section Code: TDS Section 194(J)-IND - Flags-Update Transactions: Enabled - Effective Dates: Current Date - Surcharge-Surcharge %age: 1 - Cess-Cess %age: 0.22 - Cess-SHE Cess %age: 0.11

4. Save your work.

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Solution - Define Tax Code for TDS Taxes Tasks Define Tax Codes 1. Responsibility: Payables, Vision India (Mumbai) 2. Navigate to the Tax Code Definition window



4. (B) OK

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- Name: XX TDS-194J-11.33%-PROF - Type: Tax Deduction at Source - Description: Enter a relevant Description - Account: 01.000.2450.0000.0000 - Vendor Name: Commissioner Of Income Tax - Vendor Site: MUMBAI - Rate-Percentage (Enter the Basic Rate of Tax): 10 - Information-Section Type: TDS Sections - Information-Section Code: TDS Section 194(J)-IND - Flags-Update Transactions: Enabled - Effective Dates: Current Date - Surcharge-Surcharge %age: 1 - Cess-Cess %age: 0.22 - Cess-SHE Cess %age: 0.11

6. Save your work.

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Guided Demonstration - Tax Deducted at Source Threshold Definition Overview This Demo is to give an overview of Tax Deducted at Source Threshold Definition Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Mumbai) 1. Navigate to TDS Threshold Definition window (N) India Localization>Setup>Tax Setup>India-Threshold Setup 2. Select the Regime as Tax Deducted at Source 3. (B) New 4. Query the details for Sec. 194(J):

- Regime: Tax Deducted at Source - Vendor Type: INDIVIDUAL-IND - Section Type: TDS_SECTION - Section Code: Sec. 194(J)

5. Put an End Date in the Threshold Type Block for Threshold Type ‘Cumulative’ 6. Save your work. 7. Create a New Record for Threshold Type as Cumulative. Select:

- Threshold Type: Cumulative - Start Date: Current Date+1 - Amount Slab-From Amount: 20000 - Amount Slab- To Amount: Leave Blank - Amount Slab- Tax Rate: 11.33 - Taxes- Operating Unit: Vision India Mumbai - Taxes- Tax Name: Select a Valid Tax Name from the List

8. Save your work.

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Practice - Define Supplier Additional Information for TDS Tax Regime Overview In this Practice you will learn how to define the Supplier Additional Information for TDS Tax Regime Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to Supplier Additional Information Window (N) India Localization>Suppliers>Additional Supplier Info 2. Query Supplier Name at Null Site Level

- Supplier Name = XX Corporation 3. (B) TDS Details 4. Enable Flag “Create Pre-Approved TDS Invoice and Credit Memo 5. Enter the information as Mentioned Below:

- TDS Vendor Type: Individual-IND - PAN No: Enter a PAN No. - TAN No: Enter a TAN No. - WARD No: Enter a Ward No. - Confirm Pan: Enable the Flag

6. Save your work. 7. Close the TDS Information window. 8. Select the Supplier Name and the Site in the supplier additional information window. 9. (B) TDS Details 10. Enable Flag “Create Pre-Approved TDS Invoice and Credit Memo 11. Place the cursor on PAN No field and ensure the information entered at null site level defaults for PAN/TAN and Ward No. 12. Save your record.

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Solution - Define Supplier Additional Information for TDS Tax Regime Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to Supplier Additional Information Window (N) India Localization>Suppliers>Additional Supplier Info 2. Query Supplier Name at Null Site Level

- Supplier Name = XX Corporation 3. (B) TDS Details 4. Enable Flag “Create Pre-Approved TDS Invoice and Credit Memo 5. Enter the information as Mentioned Below:

- TDS Vendor Type: Individual-IND - PAN No: Enter a PAN No. - TAN No: Enter a TAN No. - WARD No: Enter a Ward No. - Confirm Pan: Enable the Flag

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6. Save your work. 7. Close the TDS Information window. 8. Select the Supplier Name and the Site in the supplier additional information window.

9. (B) TDS Details 10. Enable Flag “Create Pre-Approved TDS Invoice and Credit Memo 11. Place the cursor on PAN No field and ensure the information entered at null site level defaults for PAN/TAN and Ward No.

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12. Save your record and close all the windows.

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Practice - Define Value Added Tax Regime Information Overview In this Practice you will learn how to define Value Added Tax Regime Information. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to VAT Regime Definition Window (N) India Localization>India TCS/VAT/Service Tax>Setup>Regime Registration 2. Query the Information for VAT Regime 3. (B) Organization 4. Select the Organization as Created in Previous Lab 5. Change the Registration Information as applicable to Your Organization

- Primary Registration Number- Registration Number : Enter a Registration No for your organization

- Others-Same Invoice No for Excise and Vat Regimes: Yes 6. Review the Accounts associated with the Organization 7. Save the Record

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Solution - Define Value Added Tax Regime Information Tasks Define Service Tax Regime Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the VAT Regime Definition window


3. Query the Vat Tax Regime

- F-11 - Enter Search Criteria as Value Added Tax in the Regime Field - CTL F-11

4. (B)Organization

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- Organization Type: Inventory Organization - Organization Name: XX Organization (As created in the earlier labs) - Location: Select Location associated with the Organization - Registration Type: - Primary Registration Number-Registration Name-

Registration Value: Enter a Registration Number for your Organization - Registration Type: - Others-Same Invoice No for Excise and Vat Regimes-

Registration Value: Y Note: If the value is changed in any of the field, Default Flag will be disabled automatically.

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6. (T) Tax Type

- Review the Accounts defaulted automatically. (Optionally make a change) 7. Save your record.

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Practice - Define Item Localization Information Overview In this Practice you will learn how to define the Item Localization Information for VAT. Assumptions





- Regime: Value Added Tax - Organization: XX Organization Name - Item Name: LocRM

5. Select the values as mentioned below: Attribute Name Attribute Value Applicable Yes Recoverable Yes Item Class Raw Materials 6. Save your work. 7. Repeat steps 1 to 6 for Item ‘LocFG’ and ‘Loc-Tendu Leaves. Select Item Class as Finished Goods for both the Items.

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Solution - Define Item Localization Information Tasks Define Item Localization Information for Value Added Tax 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Item Localization Definition window



4. (B) New

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5. Select: - Regime: Value Added Tax - Organization: XX Organization Name - Item Name: LocRM

6. Select the values as mentioned below: Attribute Name Attribute Value Applicable Yes Recoverable Yes Item Class Raw Material 7. Save your work. 8. Repeat steps 1 to 6 for Item ‘LocFG’ and ‘Loc-Tendu Leaves. Select Item Class as Finished Goods for both the Items.

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Practice - Define Vat Claim Terms Overview In this Practice you will learn how to define the Vat Claim Terms Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to the Vat Claim Terms Definition Window

(N) India Localization>India TCS/VAT/Service Tax>Setup>Vat-Claim Terms Definition

2. Query Claim Term ‘Immediate’. 3. Place the Cursor in the Assignment Block 4. Select:

- Regime: Value Added Tax - Item Class: Raw Material - Regime Registration Number: Select the Registration Number - Organization: XX Organization Name - Location: Select the Location associated with the Organization.

5. Save your work. Note: Similarly define the terms for finished goods and other type of goods.

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Solution - Define Vat Claim Terms Tasks Define Vat Claim Terms for Input Tax 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to Vat Claim Term Definition window

• (N) India Localization>India TCS/VAT/Service Tax>Setup>Vat-Claim Terms Definition

3. Query Claim Term - F-11 - Enter ‘Immediate’ in Term Name Field - CTRL+ F11

4. Place the Cursor in Assignment Block

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5. Select: - Regime: Value Added Tax - Item Class: Raw Material - Regime Registration Number: Select the Registration Number - Organization: XX Organization Name - Location: Select the Location associated with the Organization

6. Save your work Note: Similarly define the terms for finished goods and other type of goods.

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Practice - Define Vat Invoice Sequencing Overview In this Practice you will learn how to define the Vat Invoice Sequences Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Vat Invoice Sequence Definition Window

(N) India Localization>India TCS/VAT/Service Tax>Setup>Vat Document Sequencing

2. Select the Values as mentioned below in the Operating Unit/Regime/Header Block:

- Operating Unit: Vision India Hyderabad - Regime Code: VAT - Registration Number: Select the Registration Number of your Organization - Organization Name: XX Organization - Organization Type: Automatically Defaults - Location: Select the Location as attached with your organization - Effective Date: Current Date

3. Select the Values as mentioned below in the Assignment Block

- Document Type: Order - Document Type Name: XXH-Short Org Name - Start Number: 10001 - Current Number: Defaults automatically - Prefix: Enter a Prefix (Optional) - End Number: Optional

4. Save your work

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Solution - Define Vat Invoice Sequence Tasks Define Vat Invoice Sequence 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Vat Invoice Sequence Definition window

• (N) India Localization>India TCS/VAT/Service Tax>Setup>Vat Document Sequencing

3. Select the Values as mentioned below in the Operating Unit/Regime/Header Block: - Operating Unit: Vision India Hyderabad - Regime Code: VAT - Registration Number: Select the Registration Number of your Organization - Organization Name: XX Organization - Organization Type: Automatically Defaults - Location: Select the Location as attached with your organization - Effective Date: Current Date

4. Select the Values as mentioned below in the Assignment Block

- Document Type: Order - Document Type Name: XX Order Type - Start Number: 10001 - Current Number: Defaults automatically - Prefix: Enter a Prefix (Optional) - End Number: Optional

5. Save your work

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Practice - Define Tax Codes for Value Added Tax Regime Overview In this Practice you will learn how to define the Tax Codes for VAT Regime. Assumptions



- Name: XX VAT 12.5% - Type: Value Added Tax - Description: Enter a relevant Description - Account: 01.000.2215.0000.0000 - Rate-Percentage: 12.5 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

4. Save your work.

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Solution - Define Tax Code for Value Added Tax Regime Tasks Define Tax Codes 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Tax Code Definition window



4. (B) OK

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- Name: XX VAT 12.5% - Type: Value Added Tax - Description: Enter a relevant Description - Account: 01.000.2215.0000.0000 - Rate-Percentage: 12.5 - Information-Credit Percentage: 100 - Flags-Update Transactions: Enabled - Effective Dates: Current Date

6. Save your work.

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Practice - Define Tax Categories for VAT Regime Overview In this Practice you will learn how to define the Tax Categories to be used for Vat Regime. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Tax Category Definition Window (N) India Localization>Setup>Tax Setup>Tax Categories 2. Select the Organization for Tax Category Definition 3. Query the Tax Category Information as:

- Tax Category: XX Loc-Excise16%Vat12.5% - Description: Loc-Excise16% Vat12.5%

4. Attach Tax Code for Vat to Tax Category as per the below mentioned table: Line No


Precedence 2

Precedence 3

Precedence 4


0

2 Excise - Education Cess-2%

1

3 Excise - Secondary Ed Cess-1%

1

4 XX VAT 12.5% 0 1 2 3

5. Save your work.

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Solution - Define Tax Categories for VAT Regime Tasks Define Tax Category Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Tax Category Definition window



4. (B) OK 5. Query the Tax Category Information as:

- Tax Category: XX Loc-Excise16%Vat12.5% - Description: Loc-Excise16% Vat12.5%

6. Attach Tax Code for Vat to Tax Category as per the below mentioned table: Line No


Precedence 2

Precedence 3

Precedence 4


0


1


1

4 XX VAT 12.5% 0 1 2 3

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7. Save your work.

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Practice - Define Tax Collected at Source Regime Information Overview In this Practice you will learn how to define TCS Regime Information. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to TCS Regime Definition Window (N) India Localization>India TCS/VAT/Service Tax>Setup>Regime Registration 2. Query the Information for TCS Regime 3. (B) Organization 4. Select the Organization as Created in Previous Lab 5. Change the Registration Information as applicable to Your Organization

- Primary Registration Number- TAN No : Enter a TAN No for your organization

- Others-AR Receipt Class: Accept Default - Others-Batch Source Debit Memo: Accept Default - Others-Batch Source Credit Memo: Accept Default

6. Review the Accounts associated with the Organization 7. Save the Record

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Solution - Define Tax Collected at Source Regime Information Tasks Define Tax Collected at Source Regime Information 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the TCS Regime Definition window


3. Query the TCS Tax Regime

- F-11 - Enter Search Criteria as Tax Collected at Source in the Regime Field - CTL F-11

4. (B) Organization

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- Organization Type: Inventory Organization - Organization Name: XX Organization (As created in the earlier labs) - Location: Select Location associated with the Organization - Registration Type: - Primary Registration Number-Registration Name-

Registration Value: Enter a TAN No for your Organization - Registration Type: Others-AR Receipt Class: Accept Default - Registration Type: Others-Batch Source Debit Memo: Accept Default - Registration Type: Others-Batch Source Credit Memo: Accept Default - Note: If the value is changed in any of the field, Default Flag will be disabled

automatically.

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6. (T) Tax Type

- Review the Accounts defaulted automatically. (Optionally make a change) 7. Save your record.

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Practice - Define Item Localization Information for TCS Regime Overview In this Practice you will learn how to define the Item Localization Information for TCS. Assumptions





- Regime: Tax Collected at Source - Organization: XX Organization Name - Item Name: Loc-Tendu Leaves

5. Select the values as mentioned below: Attribute Name Attribute Value ITEM_CLASSIFICATION Tendu Leaves 6. Save your work.

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Solution - Define Item Localization Information for TCS Regime Tasks Define Item Localization Information for Tax Collected at Source 1. Responsibility: Inventory, Vision India (Hyderabad) 2. Navigate to the Item Localization Definition window



4. (B) New

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5. Select: - Regime: Tax Collected at Source - Organization: XX Organization Name - Item Name: Loc-Tendu Leaves

6. Select the values as mentioned below: Attribute Name Attribute Value ITEM_CLASSIFICATION Tendu Leaves 7. Save your work.

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Practice - Define Block of Asset Information_____________________________ Overview In this practice, you will be defining the Block of Asset Information. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Define Block of Asset Information for your Asset Book 1. Responsibility = Assets, Vision India Hyderabad 2. Navigate to Block of Asset Information Window

- (N) India Localization>Block of Assets>Define Block of Assets

3. Select your book: - Book = XX-FA Book

4. Enter Block Information according to the following table:

Block Name Depreciation Rate

Start Date Opening Balance

HYDCORP-FF-10 10 Enter a Start Date According to First Period Entered in the Book Control Window

0

HYDCORP-PM-15 15 Enter a Start Date According to First Period Entered in the Book Control Window

0


0

5. Save your work

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Solution - Define Block of Asset Information_____________________________ Tasks Define Block of Asset Information for your Asset Book 1. Responsibility = Assets, Vision India Hyderabad 2. Navigate to Block of Asset Information Window

- (N) India Localization>Block of Assets>Define Block of Assets

3. Select your book: - Book = XX-FA Book

4. Enter Block Information according to the following table:

Block Name Depreciation Rate

Start Date Opening Balance

HYDCORP-FF-10 10 Enter a Start Date According to First Period Entered in the Book Control Window

0


0


0

5. (I) Save

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Practice - Create Purchase Order with Excise related Taxes Overview In this Practice you will learn how to enter a purchase order with Excise and related taxes. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Purchase Orders (Localized) window (N) India Localization>Purchase Orders>Purchase Orders (Localized) 2. (B) Open, You will be navigated to the Base Application 3. Create a Standard Purchase Order 4. Enter shipment lines according to the following table: Num Supplier Type Ship-To Bill-To Item Quantity Price Promised

Date 1 XX-

Corporation Goods XXH-

Assigned Location

XXH-Assigned Location

LocRM 1000 100 Today+5 days

5. (B) Shipment 6. (T) More. Enter Information for line 1 according to the following table. Num Receipt

Close Tolerance (%)

Invoice Close Tolerance (%)

Match Approval Level

Invoice Match Option

1 5 5 3-way Receipt 7. With the cursor on shipment line 1, choose Distributions 8. Enter/ Review the distribution lines according to the following table: Num Destination

Type Quantity Charge Account

1 Inventory 1000 01.000.1410.0000.0000

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9. Save you work. 10. Close the Base Application window. 11. Review the defaulted Tax Category in the Purchase Orders (Localized) window. 12. Review the Taxes defaulted based on the Category. 13. Save the Form. 14. (B) Open, You will be navigated to the Base Application. 15. Select Submit for Approval, deselect all other options. 16. Record your purchase order number ___________

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Solution - Create Purchase Order with Excise related Tax Tasks Create a Standard Purchase Order 1. Responsibility: Purchasing, Vision India (Hyderabad) 2. Navigate to the Purchase Orders (Localized) window

• (N) India Localization>Purchase Orders>Purchase Orders (Localized)

• (B) Open

- Type = Standard Purchase Order - Supplier = XX Corporation - Site = HYDERABAD - Ship-To = XXH-Hyderabad - Bill-To = XXH-Hyderabad

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3. (T) Lines

- Type = Goods - Item = LocRM - Quantity = 1000 - Price = 100

Enter Purchase Order Shipments 4. (B) Shipments 5. Review Shipment Lines according to the following table: Num Organization Ship-To Quantity Promised

Date 1 XX-Assigned

Organization XX-Location Name

1000 Today+5 days

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Enter More Information

6. (T) More 7. Enter more information for Line according to the following table:

Num Receipt Close Tolerance (%)




1 5 5 3-way Receipt

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Enter Purchase Order Distributions

8. (B) Distributions

9. Enter/Review the Distribution Lines according to the following table: Num Destination


1 Inventory 1000 01.000.1410.0000.0000

10. Save your work and Close the Base Application Windows until Purchase Orders (Localized) window appears.

11. Review the defaulted Tax Category in the Purchase Orders (Localized) window.

12. Review the Defaulted Taxes and make changes if required.

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13. (B) Taxes to Review the Taxes - (B) Apply - Save the taxes after Review and Close the Taxes window.

14. (B) Open Approve the Purchase Order

15. (B) Approve

16. Select Submit for Approval, deselect all other options.

17. (B) OK

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18. Record your purchase order number ___________

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Practice - Create Receiving Transaction against Excise Purchase Order Overview You have raised a Purchase Order for procuring some raw material from a Vendor and now you are processing the Receiving Transaction against the same Purchase Order. In this Practice you will learn how to enter receipts through Receipts (Localized) window against India Localization Taxes (Excise and Related Taxes) Assumptions

• You must have access to an Oracle Application Vision database or comparable

training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Receipts (Localized) 2. Select the Inventory Organization in which the Receipt has to be processed. 3. (B) New 4. You will be navigated to the Find Receipts Base Application window 5. Enter the Receipt Number and Process the receipt. 6. Save your work. 7. Close all the Receipt Windows until Receipts Localized window displayed. 8. (B) Refresh 9. Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Deliver (India - Receiving Transaction Processor) request completes data will be displayed in this window. 10. Review the Taxes in the Receipts (Localized) window. 11. Enter Excise Invoice Number and Excise date and enable the Claim Cenvat Flag. 12. (B) Populate Default

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13. Save the Record 14. Close the Receipts (Localized) Window. 15. Accept ‘Yes’ to generate the Accounting Entries 16. Review the RG Register Entries 17. Review the Accounting Entries.

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Solution - Create Receiving Transaction against Excise Purchase Order Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Receipts (Localized)

2. Select the Inventory Organization in which the Receipt has to be processed and Click on (B) OK

3. (B) New 4. You will be navigated to the Find Receipts Base Application window 5. Enter the Purchase Order Number

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6. (B) Find 7. Process the Receipt. Select Sub Inventory as XX-RMI and Save the Record. 8. Close all the Receipt Windows until Receipts Localized window displayed. 9. (B) Refresh Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Deliver (India - Receiving Transaction Processor) request completes data will be displayed in this window. Make a Note of the Receipt Number_________

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10. Review the Taxes in the Receipts (Localized) window. 11. Enter the Excise Invoice Details:

- Excise Invoice No: Enter Excise Invoice Number in this Field - Excise Invoice Date: Enter Date of Excise Invoice - Claim CENVAT on Receipt: Enable the Flag - (B) Populate Defaults

12. Close the Receipts (Localized) Window

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13. (B) Yes 14. Make a note of your Receipt Number _____________________________ 15. Ensure that ‘India-Receiving Transaction Processor program completes normally and then Navigate to Receipts (Localized) window again. 16. Enter the Receipt Number as noted in the previous step.

17. (B) Find 18. (M) Tools> View Registers

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19. (T) RG23 Part 2

20. (M) Tools> View Accounting

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21. Review the Accounting Entries.

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Practice - Match to a Purchase Order with Excise related Taxes Overview Your Supplier has provided you the goods and therefore he has raised a bill on you. In this practice you will learn how to match an Invoice with the Purchase Order and how the Tax lines will be defaulted against the same. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Invoices Window 2. Enter the PO details

- Type = Standard - PO Number = Your PO number from prior lab.

3. In the Invoice Num Field, enter the following:

- Invoice Num = XX-1000 - Amount = 131040

4. (B) Match. Match your invoice to a Purchase Order. 5. Enter your Receipt Number to match the invoice against. 6. Review the Match Details. 7. Complete the Match and save the Record 8. Verify that the distribution total equals the invoice amount. 9. Review the Tax Lines generated in the Distribution Window.

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Solution - Match to a Purchase Order with Excise Related Taxes Tasks Enter an Invoice - Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Invoices Window

• (N) Oracle Payables>Invoices>Entry>Invoices

2. Enter the PO Details - Type = Standard - PO Number = Your PO number from prior lab.


- Invoice Num = XX-1000 - Amount = 131040

Match to a Purchase Order 4. (B) Match 5. Note that your PO number defaults on the Find Purchase Orders in the Matching window

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6. Select the Receipt Number in the Receipt field.

7. (B) Find 8. Review the match details.

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9. (B) Match and Save the Record 10. System will run the concurrent request ‘TO INSERT TAX Distributions (India - To Insert Tax Distributions)’. Ensure that it has been completed successfully.


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12. Ensure that the tax lines under line type ‘Miscellaneous’ have been generated for the taxes attached to the Purchase Order. 13. Validate the Invoice.

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Practice - Create Return to Vendor against Excise Receiving Transaction Overview Due to some issue with the material supplied by the Vendor your organization has decided to return the material back to the vendor. In this Practice you will learn how to enter return to Vendor Transaction associated with Excise related taxes. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Return to Vendor (India) 2. Select the Inventory Organization in which the Receipt has to be processed. 3. (B) New. 4. You will be navigated to the Find Receipts Base Application window 5. Enter the Receipt Number and click on (B) Find. 6. Enter the Return Quantity and Return to Location. Save your work. 7. System will run ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Return To Receiving (India - Receiving Transaction Processor) automatically. Review the request and ensure it completes successfully 8. Close all the Return to Vendor Windows until Return to Vendor Localized window displayed. 9. Enter the Receipt Number and click (B) Find. 10. Enter ‘Generate’ in the Process Action Field and click (B) Default. 11. Ensure that the Action ‘Generate’ has been populated in all the lines. 12. (B) Process 13. Review the Accounting Entries

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Solution - Create Return to Vendor against Excise Receiving Transaction Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Return to Vendor (India)

2. Select the Inventory Organization in which the Return has to be processed and Click on (B) OK

3. (B) New 4. You will be navigated to the Find Receipts Base Application window 5. Enter the Receipt Number against which the Material has to be returned.

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6. (B) Find and Process the receipt.

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7. Enter the Return Quantity and Return to as ‘Supplier’. Save the Record. 8. System will run ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Return To Receiving (India - Receiving Transaction Processor) automatically. Review the request and ensure it completes successfully. 9. Close all the Return to Vendor Windows until Return to Vendor Localized window displayed.

10. Enter the Receipt Number and click (B) Find.

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11. Enter ‘Generate’ in the Process Action Field and click (B) Default. 12. Ensure that the Action ‘Generate’ has been populated in all the lines.

13. (B) Process 14. (B) Yes

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15. System will run ‘India - Tax Invoice Generation and Processing of RTV’s (India - Tax Invoice Generation for RTV)’ program to generate Excise and Vat Invoices.

16. Navigate to Return to Vendor (India) again. Search for the Receipt against which the RTV has been processed and ensure pending flag is Unchecked this time. Check the Excise and Vat Invoice Numbers. 17. Review the Accounting Entries. Query the Receipt from the Receipt (Localized) Window.

18. (M) Tools> View Accounting

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Practice - RG Update for Miscellaneous Transaction Overview In this Practice We shall be performing a miscellaneous transaction and to check the impact of the transaction on RG Register. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Miscellaneous Transaction window (N) Oracle Inventory>Transactions>Miscellaneous Transaction 2. Select your organization from the list of values. 3. Select Type as ‘Miscellaneous Recpt (RG Update) 4. (B) Transaction Lines 5. Enter the details as mentioned below:

- Item: LocFG - Subinventory: FGI - Quantity: 1000 - Account: 01.000.2215.0000.0000 - Location: XX Location

6. Save your work 7. Navigate to RG1 Register Entry window (N) India Localization>Transaction Registers>RG1 Register Entry 8. Select the details as mentioned below:

- Organization: XX Organization - Item: LocFG - (B) Find

9. Review the entry that has defaulted to RG1 Register against Miscellaneous Receipt 10. Repeat Step 1 to 8 for item Loc-Tendu Leaves

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Solution - RG Update for Miscellaneous Transaction Tasks RG register update for Miscellaneous Transaction 1. Responsibility: Inventory, Vision India (Hyderabad)

Navigate to Miscellaneous Transaction window (N) Oracle Inventory>Transactions>Miscellaneous Transaction

2. Select your organization from the list and click on ‘OK’

3. Select Type as ‘Miscellaneous Recpt (RG Update)

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4. (B) Transaction Lines

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5. Enter the details as mentioned below:

- Item: LocFG - Subinventory: FGI - Quantity: 1000 - Account: 01.000.2215.0000.0000 - Location: XX Location

6. Save your work 7. Navigate to RG1 Register Entry window (N) India Localization>Transaction Registers>RG1 Register Entry 8. Select the details as mentioned below:

- Organization: XX Organization - Item: LocFG - (B) Find

9. Review the entry that has defaulted to RG1 Register against Miscellaneous Receipt 10. Repeat Step 1 to 8 for item Loc-Tendu Leaves

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Practice - Manual CENVAT Claim Overview There is a receipt against which the Online Claim of CENVAT was missed out. In this practice we shall be learning, how to claim CENVAT manually. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Process a Purchase Order and Receipt without claiming Excise online as explained in the previous exercise. 2. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Claim Modvat on Receipt 3. Enter the Receipt Number against which the CENVAT has to be claimed. 4. (B) Find 5. Enter the details as:

- Excise Invoice No: XX-1415 - Excise Invoice Date: Enter Current Date - Claim Cenvat: Enable the Flag

6. (B) Claim 7. Save your work. 8. RG Registers will be updated and accounting entries will be generated on saving the record.

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Solution - Manual CENVAT Claim Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Process a Purchase Order and Receipt without claiming Excise online as explained in the previous exercise 2. Navigate to the manual Cenvat Claim window (N) India Localization>Receipts>Claim Modvat on Receipt 3. Enter the Receipt Number against which the Modvat has to be claimed

4. (B) Find 5. Enter the details as:

- Excise Invoice No: XX-1415 - Excise Invoice Date: Enter Current Date - Claim Cenvat: Enable the Flag

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6. (B) Claim

7. (B) Yes 8. Save your work. 9. RG Registers will be updated and accounting entries will be generated on saving the record.

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Practice - Create Sales Order with Excise Taxes Overview You are processing an Order for an Item and you are supposed to charge Excise on the same. In this Practice you will learn how to enter a Sales Order with Excise type of Taxes. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Order Management, Vision India (Hyderabad) 1. Navigate to the Orders/Returns (Localized) window 2. (B) Open, You will be navigated to the Base Application 3. Create a Sales Order 4. Enter the Order Information according to the following table: Sr. No Order Type Customer

Name Price List Warehouse

1 XX-Standard Order-Org Name

XX-AR Corporation

LOC- India Price List

XX-Org Name

5. Enter Line Item Information according to the following table: Line Ordered Item Quantity 1.1 LocFG 10 6. Save your Order. Close all the windows until Orders Localized Window displayed 7. Review the Tax Category defaulted to the Order (Localized Window) 8. Review the Excise related Taxes defaulted based on the Tax Category. 9. Save your Order. 10. (B) Open 11. Book the Order. 12. Make a note of your Order Number ______________

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Solution - Create a Sales Order with Excise related Taxes Tasks Create a Sales Order 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Orders/Returns (Localized) window

• (N) India Localization>Sales Orders>Orders/Returns (Localized)

• (B) Open

- Order Type= XX-Standard Order-Org Name - Customer = XX AR Corporation - Price List = LOC- India Price List - Warehouse = XX Org Name

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3. (T) Line Items

- Order Item= LocFG - Quantity = 10

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4. Save your Order. Close all the windows until Orders Localized Window displayed 5. Review the Tax Category defaulted in Orders (Localized Window)

6. Review the Taxes defaulted based on the Tax Category.

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7. Save your Order. 8. (B) Open 9. (B) Book Order

10. Make a note of your Order Number _____________

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Practice - Shipping Transaction with Excise related Taxes Overview Once the Order has been booked, you will have to complete the Pick Release and Ship Confirm Transaction to deplete the stock from the warehouse. Assumptions


training or tests instance at your site on which to complete this practice. Tasks 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Shipping Transaction Window (N) Oracle Order Management>Shipping>Transactions 3. Enter the Order Number noted down in the previous Exercise in the Query window 4. (B) Find 5. (B) Actions Select Launch Pick Release 6. (B) Go 7. (B) Ok 8. Review the Pick Selection List Generation program and ensure it is completed successfully. 9. Close the window and again navigate to Shipping Transaction window 10. Enter the Order Number again and Click on (B) Find Button 11. Move to Delivery TAB and ensure a delivery number has been allocated against the order. 12. (B) Ship Confirm 13. (B) Ok 14. (B) Ok

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15. Review the Concurrent Programs Bill of Lading, Packing Slip Report, Commercial Invoice, Vehicle Load Sheet Details and Interface Trip Stop and ensure the successful completion of these programs. 16. Run ‘India – Excise Invoice Generation’ to generate the Excise Invoice Number. 17. Check the Excise Invoice Number in the Ship Confirm (Localized) window.

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Solution - Shipping Transaction with Excise Related Taxes Tasks Create a Shipping Transaction 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Shipping Transaction Window (N) Oracle Order Management>Shipping>Transactions 3. Enter the Order Number noted down in the previous exercise

4. (B) Find

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5. (B) Actions Select Launch Pick Release

6. (B) Go 7. (B) Ok 8. Review the ‘Pick Selection List Generation’ program and ensure it is completed successfully.

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9. Close the window and again navigate to Shipping Transaction window 10. Enter the Order Number again and Click on (B) Find Button

11. (T) Delivery and ensure a delivery number has been allocated against the order. Make a note of this delivery number. 12. (B) Ship Confirm

13. (B) Ok

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14. (B) Ok 15. Review the Concurrent Programs Bill of Lading, Packing Slip Report, Commercial Invoice, Vehicle Load Sheet Details and Interface Trip Stop and ensure the successful completion of these programs.

16. Run ‘India – Excise Invoice Generation’ to generate the Excise Invoice Number

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17. Check the Excise Invoice Number in the Ship Confirm (Localized) window (N) India Localization>Shipping>Ship Confirm (Localized). Query by Order No.

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Practice - Run Auto Invoice Master Program Overview Once the Order has been booked and the picking and shipping has been completed, you will have to run the Auto-Invoice Master Program to import the order to Receivable Module for generation of AR Invoice. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit Auto Invoice Master Program. 3. Submit the Request 4. Monitor the request and review the output.

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Solution - Run Auto Invoice Master Program Tasks Select, Responsibility as Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Request Window. (N) Interfaces>Auto-Invoice 2. Submit Auto Invoice Master Program

• Specify the Parameters - Organization = All - Invoice Source = ORDER ENTRY - INDIA - Default Date = Current Date - (Low) Sales Order Number = Enter the Order Number from previous Lab - (High) Sales Order Number = Enter the Order Number from previous Lab

3. (B) OK

4. Monitor your request until it completes successfully. 5. Review the Output.

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Practice - Run India Local Concurrent for Processing Order Lines to AR Overview You will be running this Concurrent Program to process the Order Lines to Receivables. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit India Local Concurrent for Processing Order Lines to AR 3. Submit the Request 4. Monitor the request and ensure that it’s completed successfully. 5. Check the Receivable Transaction

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Solution - Run India Local Concurrent for Processing Order Lines to AR Tasks 1. Navigate to the Submit Request Window. (N) Control>Requests>Run 2. Submit India Local Concurrent for Processing Order Lines to AR

• Specify the Parameters

- P_ALL_ORGS = No

3. (B) OK 4. (B) Submit 5. Monitor the request and ensure that it’s completed successfully. After the completion of this Concurrent Program, Tax Lines attached with the Order would be processed and you can see them in the Base Application Transaction window also. 6. Check the Receivable Transaction 7. (N) India Localization>Transactions>Transactions (Localized)

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8. Enter your Organization and Location Details 9. (B) Open 10. Enter your Order Number in the Reference Field and Bill to Customer in the Query Mode. Find your transaction and Review the same.

11. Close the Base Application Transaction Window

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12. Review the Transaction in the Transaction (Localized) window.

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Practice - Create Return Sales Order (RMA) with Excise Taxes Overview You are processing a Return Sales order, as the customer as cancelled the order. In this Practice you will learn how to enter a Return Sales Order with Excise type of Taxes. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Order Management, Vision India (Hyderabad) 1. Navigate to the Orders/Returns (Localized) window 2. (B) Open, You will be navigated to the Base Application 3. Query the Sales Order against which you want to book the return order 4. (B)- Action 5. Select ‘Copy’ from list of Values 6. Enter the Return Order Information according to the following table: Sr. No Order Type Return

Reason 1 XX-Standard

Return-Org Name

Cancellation

7. Query the Order Number generated after saving. 8. Enter Line Item Information according to the following table: Line Ordered Item Quantity 1.1 LocFG -10 9. Save your Order. 10. (B) Book Order. Close all the windows until Orders Localized Window displayed 11. (T) Return. 12. Ensure that a Delivery number has been generated against the return order. 13. Change the Responsibility to Purchasing Vision (Hyderabad)

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(N) India Localization > Receipts> Receipts (Localized) 14. Select the Inventory Organization in which the Receipt has to be processed. 15. (B) New 16. You will be navigated to the Find Receipts Base Application window 17. Click on (T) Customer and Enter the Receipt Number and Process the receipt. 18. Save your work. 19. Close all the Receipt Windows until Receipts Localized window displayed. 20. (B) Refresh 21. Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Deliver (India - Receiving Transaction Processor) request completes data will be displayed in this window. 22. Review the Taxes in the Receipts (Localized) window. 23. Enter the Excise Invoice details and enable Modvat Claim Flag. 24. (B) Populate Default 25. Accept ‘Yes’ to generate the Accounting Entries. 26. Review the Accounting Entries.

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Solution - Create Return Sales Order (RMA) with Excise Taxes Tasks Create a Sales Order 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Orders/Returns (Localized) window


• (B) Open

- Query the Order Number against which the Return has to be Processed

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- (B) Action. Select Copy

- (B) Ok - Change Order Type to – XX-Standard Return- Org Name

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- (T) Copy Lines - Return Reason- Cancellation - (B) Ok

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3. Note the Return Order Number Generated.

4. Query the Return Order Number

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5. Review the Return Quantity

6. (B) Book Order

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7. Change the Responsibility to Purchasing Vision (Hyderabad) (N) India Localization> Receipt > Receipt Localized

8. Select the Inventory Organization in which the Receipt has to be processed. (B) Ok

9. (B) New

10. You will be navigated to the Find Receipts Base Application window 11. Click on (T) Customer and Enter the Return Order Number and Click (B) Find.

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12. Process the receipt and select the Sub-Inventory as XX-FGI

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13. Save your work. 14. Close all the Receipt Windows until Receipts Localized window displayed. 15. (B) Refresh

16. Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ and ‘India - Receiving Transaction Processor for Deliver (India - Receiving Transaction Processor) request completes data will be displayed in this window.

17. Review the Taxes in the Receipts (Localized) window.

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18. Accept (B) ‘Yes’ to generate the Accounting Entries. (B) Ok.

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Practice - Run Auto Invoice Master Program for RMA Transaction Overview Once the Order has been booked and the picking and shipping has been completed, you will have to run the Auto-Invoice Master Program to import the order to Receivable Module for generation of AR Credit Memo. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit Auto Invoice Master Program 3. Submit the Request 4. Monitor the request and review the output. 5. Run ‘India Local Concurrent for Processing Order Lines to AR’ to import tax lines to base application. 6. Review the Credit Memo Generated against the Return Order.

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Solution - Run Auto Invoice Master Program for RMA Transaction Tasks 1. Navigate to the Submit Request Window. (N) Interfaces>Auto-Invoice 2. Submit Auto Invoice Master Program


3. (B) OK

4. Monitor your request until it completes successfully. 5. Review the Output. 6. Run ‘India Local Concurrent for Processing Order Lines to AR’ Program to default the tax lines to AR transaction.

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7. (N) India Localization>Transactions>Transactions (Localized) 8. Enter your Organization and Location Details 9. (B) Open 10. Enter your Order Number in the Reference Field and Bill to Customer in the Query Mode. Find your transaction and Review the same.

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Guided Demonstration - Transaction Processing for Trading Organization Overview This Demo is to give an overview of Trading Functionality Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Order Management, Vision India Hyderabad 1. Navigate to Inter Organization Transfer Localized window (N) India Localization>Transactions>IL Inter Organization Transfer 2. Enter the Sales Order with Following Details

- Customer: XX AR Corporation - Order Type: Std SECbad Order - Hyd - (T) Others - Warehouse = IN2-Secunderabad - (T) Line Items - Ordered Item: LocFG - Ordered Quantity: 5

3. Save the Order and Close all the windows until Sales Order (Localized) window appears 4. Delete the taxes defaulted to the Order if any and save the record 5. Attach the taxes as mentioned below:

- Line1: Adhoc Excise Duty- with No Precedence - Line2: Adhoc Excise - Education Cess - 2%- with No Precedence - Line3: Adhoc Excise - Secondary Ed Cess - 1%-with No Precedence - Line4: VAT 12.5%- Precision-0, 1, 2, 3

6. (B) Apply 7. Save the Record 8. Close the taxes window 9. (B) Open 10. Book the Order and note down the order number

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11. Launch Pick Release to generate the delivery against the order 12. Navigate to Match Receipt-Trading window (N) India Localization>Shipping>Match Receipts-Trading 13. Enter the details as mentioned below:

- Match Type: Match - Organization: IN2 - Order Type: Std SECbad Order – Hyd - Order Number: Enter the Order Number generated earlier

14. (B) Find/Auto/Un Match 15. Enter the Matching Quantity in the Match Quantity Field against a Receipt. 16. Save the Record and close the window. 17. Process Ship Confirm against the Order. 18. Run ‘India-Excise Invoice Generation’ concurrent to generate Excise Invoice 19. Run ‘India VAT Invoice Generation/ Accounting’ Concurrent to generate Vat Invoice 20. Review the details in Ship Confirm (Localized) window.

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Practice - RG Consolidation Overview In this practice you will learn the process of RG consolidation to do the periodic excise duty settlement Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Order Management, Vision India Hyderabad Responsibility: Receivables, Vision India Hyderabad Responsibility: Payables, Vision India Hyderabad 1. Process an Order to Invoice Transaction as Explained in the previous Exercise with following details.

- Customer Name = XX AR Corporation - Order Type = XX Standard Order-Short Org Name - Order Quantity = 50 - Tax Category = XX Loc-Excise16%Vat12.5%

2. Navigate to RG Consolidation window (N) India Localization>Registers>RG Consolidation Screen 3. Enter the Balance Amount as ‘Zero’ in all the registers. Enter TR6 Challan details, Select Excise Authority Vendor and Site. 4. (B) OK 5. Review the Invoice Generated for Excise Authority and Process the Payment. 6. Query and Acknowledge the Excise Authority Payment in the PLA Invoice window.

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Solution - RG Consolidation Tasks 1. Responsibility: Payables, Vision India Hyderabad 2. Process an Order to Invoice Transaction as Explained in the previous Exercise with following details.

- Customer Name = XX AR Corporation - Order Type = XX Standard Order-Short Org Name - Order Quantity = 50 - Tax Category = XX Loc-Excise16%Vat12.5%

3. Navigate to RG Consolidation window (N) India Localization>Registers>RG Consolidation Screen 4. Enter the Balance Amount as ‘Zero’ in all the registers. Enter TR6 Challan details, Select Excise Authority Vendor and Site.

5. (B) OK 6. Review the Invoice Generated for Excise Authority and Process the Payment..

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7. Query the Invoice Generated for Excise Authority. Enter Search Criteria:

- Date Range = Current Date (On which the Invoice is Processed) - Invoice Number = PLA% - Supplier Name = Commissioner of Excise

8. Process the Payment. 9. (N) India Localization>Invoice Entry>PLA Invoices 10. Query the Invoice in the PLA Invoices window and Enable the Ack Received Flag.

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11. (I) Save the Record.

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Practice - Bill of Entry Transaction Cycle Overview In this practice we shall be learning how to create a BOE invoice and matching of BOE invoice with receipts Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the BOE Invoice Entry window (N) India Localization>Invoice Entry>BOE Invoices 2. Enter the details of Bill of Entry as

- BOE Type: Ex-Bond - Custom Authority: Commissioner of Customs - Site: Select the Site for Custom Authority - Agent Code: XX-Agent - Inventory Organization: Select the Inventory Org - Location: Select the Location from LOV - Bill of Landing Date: Current Date - Port Type: Air - Import Dept- Sl No: XX-1111 - Date: Current Date - Rotation- No: XX-1 - BOE Item Independent Flag: Enable the Flag

3. (B) BOE Details 4. Enter the details for Custom Duty related amounts 5. Save the Record 6. Review the Invoice for Custom Authority through Standard Invoice Workbench 7. Process the Payment of the BOE Invoice. 8. Change the Responsibility to Purchasing, Vision India (Hyderabad) 9. Create a Purchase Order with Custom Duty related taxes. 10. Create a receipt against the Purchase Order.

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11. Match the BOE details in the Receipts (Localized) window.

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Solution- Bill of Entry Transaction Cycle Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the BOE Invoice Entry window (N) India Localization>Invoice Entry>BOE Invoices 2. Enter the details of Bill of Entry as

- BOE Type: Ex-Bond - Custom Authority: Commissioner of Customs - Site: Select the Site for Custom Authority - Agent Code: AG-4566 - Inventory Organization: Select the Inventory Org - Location: Select the Location from LOV - Bill of Landing Date: Current Date - Port Type: Air - Import Dept- Sl No: XX-1111 - Date: Current Date - Rotation- No: XX-1 - BOE Item Independent Flag: Enable the Flag

3. (B) BOE Details and enter the details as mentioned below:

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- Basic Duty (Amount) = 10000 - Custom Cess (Rate%) = 2% - SH Customs Cess (Rate%) = 1%

4. Save the Record 5. System will automatically run the concurrent programs ‘Importing BOE Invoices - Localization (Payables Open Interface Import)’, Calling Payables Approval Localization (India - Auto Invoice Approval) and Payables Approval Localization (Invoice Validation). Make sure the programs are completed successfully.

6. Review the Invoice for Custom Authority through Standard Invoice Workbench

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7. Process the Payment of the BOE Invoice. 8. Change the Responsibility to Purchasing, Vision India (Hyderabad) 9. Create a Purchase Order with Custom Duty Taxes after deleting the defaulted taxes as mentioned below:

- Custom Duty – Imports- Precedence as ‘0’ - Custom Duty - Edu Cess- Precedence as ‘1’ - Custom Duty - SHE Edu Cess- Precedence as ‘1’

10. Approve the Purchase Order. 11. Create a Receipt against the Purchase Order.

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12. Review the taxes in the Receipts (Localized) window. 13. (B) Apply BOE

14. Enter the amount in the Amount to Apply amount. 15. (B) Save

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Practice - Create Purchase Order with Service Tax Overview You have taken a Service from the Vendor and the service comes under the Preview of Service Tax. You shall be raising a Purchase Order with Service Tax attached to it and once the Service has been delivered the payment will be made to the Vendor and Service Tax input Credit will be availed. In this Practice you will learn how to enter a purchase order with Service Tax. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Purchase Orders (Localized) window 2. (B) Open, You will be navigated to the Base Application 3. Create a Standard Purchase Order

• (B) Open - Type = Standard Purchase Order - Supplier = XX Corporation - Site = HYD-SERVICE - Ship -To = XXH-Hyderabad - Bill -To = XXH-Hyderabad

4. Enter shipment lines according to the following table: Num Type Item Quantity Price Promised

Date 1 Service LocServices 1 10000 Today+5

days 5. (B) Shipments. Enter Information for line 1 according to the following table. Num Receipt Close

Tolerance (%) Invoice Close Tolerance (%)



1 5 5 2-way PO 6. With the cursor on shipment line 1, choose Distributions

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7. Enter the distribution lines according to the following table: Num Destination


1 Expense 1 01.000.7220.0000.0000 8. Save you work. 9. Close the Base Application window. 10. Review the defaulted Service Type in the Purchase Orders (Localized) window. 11. Review the Tax Category for Service Tax 12. Save the Form. 13. (B) Open, You will be navigated to the Base Application. 14. Select Submit for Approval, deselect all other options. 15. Record your purchase order number ___________

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Solution - Create Purchase Order with Service Tax Tasks Create a Standard Purchase Order 1. Responsibility: Purchasing, Vision India (Hyderabad) 2. Navigate to the Purchase Orders (Localized) window


• (B) Open

- Type = Standard Purchase Order - Supplier = XX Corporation - Site = HYD-SERVICE - Ship -To = XXH-Hyderabad - Bill -To = XXH-Hyderabad

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3. (T) Lines

- Type = Services - Item = LocServices - Quantity = 1 - Price = 10000


Date 1 XXH XXH-

Location Name

1 Today+5 days

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Enter More Information 6. (T) More

Enter more information for Line according to the following table:

Num Receipt Close Tolerance (%)




1 5 5 3-way Receipt

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7. (B) Distributions 8. Enter the Distribution Lines according to the following table:

Num Destination Type

Quantity Charge Account

1 Expense 1 01.000.7220.0000.0000


10. Review the defaulted Service Type in the Purchase Orders (Localized) window.

11. Review the Tax Category for Service Tax.

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12. Save the form.


14. (B) Approve


16. (B) OK

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Practice - Create Receiving Transaction against Service Tax Purchase Order Overview You have raised a Purchase Order for availing the services from a Vendor and now you are processing the Receiving Transaction against the same Purchase Order. In this Practice you will learn how to enter receipts through Receipts (Localized) window against India Localization Taxes (Service Tax). Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window 2. Select the Inventory Organization in which the Receipt has to be processed. 3. (B) New 4. You will be navigated to the Find Receipts Base Application window 5. Process the receipt. 6. Save your work. 7. Close all the Receipt Windows until Receipts Localized window displayed. 8. (B) Refresh 9. Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ request completes data will be displayed in this window. 10. Review the Taxes in the Receipts (Localized) window. 11. Close the Receipts (Localized) Window. 12. Accept ‘Yes’ to generate the Accounting Entries. 13. Review the Accounting Entries

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Solution - Create Receiving Transaction against Service Tax Purchase Order Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Receipts (Localized) 2. Select the Inventory Organization in which the Receipt has to be processed and Click on (B) OK

3. (B) New 4. You will be navigated to the Find Receipts Base Application window 5. Enter the Purchase Order Number 6. (B) Find

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• Process the Receipt - Enable the Flag - Destination Type = Expense - Location = XXH-Hyderabad - (I) Save

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7. Close all the Receipt Windows until Receipts Localized window displayed. 8. (B) Refresh 9. Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ request completes data will be displayed in this window. Make a Note of the Receipt Number_________ 10. Review the Taxes in the Receipts (Localized) window.

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11. Close the Receipts (Localized) Window. 12. Accept ‘Yes’ to generate the Accounting Entries.

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13. Review the India - Receiving Transaction Processor (India - Receiving Transaction Processor) concurrent Program. Ensure the Program is completed successfully. 14. Re-query the Receipt Number through Receipt (Localized) window. 15. (M) Tools> View Accounting

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Practice - Match to a Purchase Order with Service Tax Overview Your Supplier has provided you the Service and therefore he has raised a bill on you. In this practice you will learn how to match an Invoice with the Purchase Order and how the Tax lines will be defaulted against the same. Assumptions





- Invoice Num = 5000 - Amount = 11030

4. Match your invoice to a Purchase Order. 5. Review the Match Details 6. Complete the Match 7. Verify that the distribution total equals the invoice amount. 8. Review the Tax Lines generated in the Distribution Window. 9. Validate the Invoice 10. Create Accounting for the Invoice

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Solution - Match to a Purchase Order with Service Tax Tasks Enter an Invoice Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Invoices Window



3. In the Invoice Num Field and Invoice Amount Field, enter the following:


Match to a Purchase Order 4. (B) Match 5. Note that your PO number defaults on the Find Purchase Orders in the Matching window

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8. (B) Match 9. System will run the concurrent request ‘TO INSERT TAX Distributions (India - To Insert Tax Distributions)’. Ensure that it has been completed successfully. Close the Concurrent Manager window.

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11. Ensure that the tax lines under line type ‘Miscellaneous’ have been generated for the taxes attached to the Purchase Order. 12. Validate the Invoice. 13. Create Accounting of the Invoice.

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Practice - Payment of Invoice generated with Service Tax Overview As payment is the event for taking the input credit against service tax, now we shall be processing the payment for the Invoice Created in the previous lab. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Payments Window 2. Select the Supplier as

- Supplier Name = XX Corporation - Bank Name = Current Account-7046 - Payment Process Profile = Manual - Payable Documents = Select from the LOV

3. Select the Invoice Generated with the Service Tax

- Invoice Num = 5000 - Payment Amount = 11030

4. Save your record 5. Create Accounting for the Payment Transaction

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Solution - Payment of Invoice generated with Service Tax Tasks Enter a Payment Transaction Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Invoices Window

• (N) Oracle Payables>Payments>Entry>Payments

2. Select the Supplier as - Supplier Name = XX Corporation - Bank Account = Current Account-7046 - Payment Process Profile = Manual - Payable Documents = Select from the LOV

3. (B) Enter/Adjust Invoice

4. Select the Invoice Generated with the Service Tax

- Invoice Num = 5000 Payment Amount = 11030

5. Save

6. (B) Actions

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7. Select Create Accounting 8. (B) OK

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Practice - Run India Service Tax Processing Overview Once the payment has been made to the Vendor against the invoice generated with Service Tax, you can run the Concurrent Program ‘India Service Tax Processing’. After completion of this concurrent program amount will get transferred from Interim Service Tax Recovery Account to Service Tax Recovery Account. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit India – Service Tax Processing Concurrent Program. 3. Submit the Request 4. Monitor the request and ensure it’s completed normally.

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Practice - Run India Service Tax Processing Tasks 1. Navigate to the Submit Request Window. (N) Other>Requests>Run 2. Submit India Service Tax Processing

• Specify the Parameters - Tax Registration Number = Select the Tax Registration No. - Transaction From Date = Enter the Month Start Date - Transaction To Date = Enter the Month End Date - Organization = Optionally Select the Organization.

3. (B) OK 4. Monitor your request until it completes successfully.

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Practice - Service Tax Distribution Overview As per service tax rules the Service tax credit could be utilized to settle the service tax liability of other Inventory Organization. It could also be utilized to settle the Excise Liability or vise versa. In this exercise we shall be distributing the service tax credit to meet the Excise Liability of an Inventory Organization. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad)

1. Navigate to the Service Tax Distribution window. (N) India Localization>India TCS/VAT/Service Tax>Period End>Service Tax Distribution

2. Select the Inventory Organization, Location, Transfer Type, Date of Transfer, Service Type.

3. (B) Get Details

4. Enter the amount of Service Tax to be transferred

5. Select the Inventory Organization to which the Amount has to be transferred and the transfer amount.

6. (B) Taxes

7. (B) Distribute

8. (B) OK

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Solution - Service Tax Distribution Tasks Responsibility: Receivables, Vision India (Hyderabad)

1. Navigate to the Service Tax Distribution window. (N) India Localization>India TCS/VAT/Service Tax>Period End>Service Tax Distribution

2. Enter the details as mentioned below: - Organization Type = Inventory Organization - Organization Name= Select your organization name - Location = Select the Location of Inventory Org - Date of Transfer = Current Date - Transfer Type = Service-Excise - Service Type = Select from List of Values

3. (B) Get Details

4. Enter an amount to be transferred in the Transfer Amt. Column and the Inventory Organization, Location and Transfer Amount in the Distribute to Distribution Block

5. (B) Taxes

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6. (B) Distribute

7. (B) OK

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Practice - Create Bill only Order with Service Tax Overview You are a Service Provider and the Service comes under the preview of Service Tax. You shall be processing a Bill Only order with Service Tax attached to it to for the Customer to whom the Service has been provided. In this Practice you will learn how to enter a Bill Only Order with Service Tax. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Order Management, Vision India (Hyderabad) 1. Navigate to the Orders/Returns (Localized) window 2. (B) Open, You will be navigated to the Base Application 3. Create a Bill Only Order 4. Enter the Order Information according to the following table: Sr. No Order Type Customer


1 XX-Bill Only-Short Org Name

XX AR Corporation


XX-Org Name

5. Enter Line Item Information according to the following table: Line Ordered Item Quantity 1.1 LocService 1000 6. Save your Order. Close all the windows until Orders Localized Window displayed 7. Review the Service Type defaulted in Orders (Localized Window) 8. Attach the Service Tax Category. 9. Save your Order. 10. (B) Open 11. Book the Order. 12. Make a note of your Order Number ______________

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Solution - Create Bill Only Order with Service Tax Tasks Create a Bill Only Order 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Orders/Returns (Localized) window


• (B) Open

- Order Type = XX-Bill Only-Short Org Name - Customer = XX AR Corporation - Price List = LOC-India Price List - Warehouse = XX Org Name

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3. (T) Line Items

- Order Item= LocService - Quantity = 1000

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4. Save your Order. Close all the windows until Orders Localized Window displayed 5. Review the Service Type defaulted in Orders (Localized Window) 6. Select the Service Tax Category in the Tax Category Field.

7. Save your Order. 8. (B) Open 9. (B) Book Order 10. Make a note of your Order Number _____________

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Practice - Run Auto Invoice Master Program Overview Once the Order has been booked, you will have to run the Auto-Invoice Master Program to import the order to Receivable Module for generation of AR Invoice. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit Auto Invoice Master Program 3. Submit the Request 4. Monitor the request and review the output.

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Solution - Run Auto Invoice Master Program Tasks Responsibility = Receivables, Vision India Hyderabad 1. Navigate to the Submit Request Window. (N) Other>Requests>Run 2. Submit Auto Invoice Master Program


3. (B) OK 4. Monitor your request until it completes successfully. 5. Review the Output.

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Practice - Run India Local Concurrent for Processing Order Lines to AR Overview You will be running this Concurrent Program to process the Order Lines to Receivables.. Assumptions



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Solution - Run India Local Concurrent for Processing Order Lines to AR Tasks 1. Navigate to the Submit Request Window. (N) Other>Requests>Run 2. Submit India Local Concurrent for Processing Order Lines to AR


- P_ALL_ORGS = No 3. (B) OK 4. (B) Submit 5. Monitor the request and ensure that it’s completed successfully. After the completion of this Concurrent Program, Tax Lines attached with the Order would be processed and you can see them in the Base Application Transaction window also. 6. Check the Receivable Transaction 7. (N) India Localization>Transactions>Transactions (Localized) 8. Enter your Organization and Location Details 9. (B) Open 10. Enter your Order Number in the Reference Field and Bill to Customer in the Query Mode. Find your transaction and Review the same.

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Practice - Create Standalone AR Transaction with Service Tax Overview You are a Service Provider and the Service comes under the preview of Service Tax. You shall be invoicing you Customer for the same. In this Practice you will learn how to enter a Standalone AR Transaction with Service Tax. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Transactions (Localized) window 2. Select your Organization and Location 3. (B) Open, You will be navigated to the Base Application 4. Enter the Transaction Information according to the following table: Source Class Type Customer Payment

Terms Manual-Other Invoice XX_INV_Hyde

rabad XX AR Corporation Immediate

5. Enter Line Item Information according to the following table: Description Quantity Unit Price Cleaning Service

100 100

6. Save your Transaction. Close all the windows until Transaction (Localized) Window displayed 7. Review the Service Type defaulted in Transaction (Localized) Window 8. Select the Service Tax Category and Apply Taxes 9. Save your Order. 10. (B) Open 11. Complete your Transaction and Note the Transaction Number ___________

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Solution - Create Standalone AR Transaction with Service Tax Tasks Create a Standalone AR Invoice 1. Responsibility: Receivables, Vision India (Hyderabad) 2. Navigate to the Transactions (Localized) window

• (N) India Localization>Transactions (Localized)

• (B) Open

- Source = Manual Other - Class = Invoice - Type = XX_INV_Hyderabad - Customer = XX Corporation - Payment Terms = Immediate

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3. (B) Line Items

- Item = LocServices - Quantity = 100 - Price = 100

4. Save your Transaction. Close all the windows until Transaction Localized Window displayed.

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5. Review the Service Type defaulted in Orders (Localized Window) 6. Select the Tax Category for Service Tax and Save. Apply the taxes as mentioned below:

- (B) Taxes - Review the defaulted taxes - (B) Apply - (I) Save

7. Ensure that AR Tax and Freight Defaultation (India - AR Tax and Freight Defaultation) concurrent program completes successfully. 8. (B) Open 9. (B) Complete

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10. Make a note of your Transaction Number _____________

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Practice - Create AR Receipt for the Invoice raised with Service Tax Overview As per Service Tax rules liability to pay service tax arises only at the time of receipt of money from the Customer. In this practice we shall be raising an AR Receipt and will apply the same to the Invoices created in the previous lab. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad)

1. Navigate to the AR Receipt Entry window. 2. Enter the Receipt Details as mentioned below:

- Receipt Method = SBI-Direct - Receipt Number = 50025 - Receipt Type = Standard - Customer Name = XX Corporation

3. (B) Apply

4. Select the Invoice raised in the earlier lab

5. Save your work

Note: Similarly Process Receipt for all the Invoices created with Service Tax and complete the application

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Solution - Create AR Receipt for the Invoice raised with Service Tax Tasks Responsibility: Receivables, Vision India (Hyderabad)


- Receipt Method = SBI-Direct - Receipt Number = 50025 - Receipt Type = Standard - Customer Name = XX Corporation

3. (B) Apply

4. Select the Invoice raised in the earlier lab

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5. Save your work Note: Similarly Process Receipt for all the Invoices created with Service Tax and complete the application

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Practice - Run India Service Tax Processing Overview Once the payment has been received from the Customer against the invoice generated with Service Tax, you can run the Concurrent Program ‘India Service Tax Processing’. After completion of this concurrent program amount will get transferred from Interim Service Tax Liability Account to Service Tax Liability Account. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit India – Service Tax Processing Concurrent Program. 3. Submit the Request 4. Monitor the request and ensure it’s completed normally.

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Practice - Run India Service Tax Processing Tasks 1. Navigate to the Submit Request Window. (N) Other>Requests>Run 2. Submit India Service Tax Processing

• Specify the Parameters - Tax Registration Number = Select the Tax Registration No. - Transaction From Date = Enter the Month Start Date - Transaction To Date = Enter the Month End Date - Organization = Optionally Select the Organization.

3. (B) OK 4. (B) Submit 5. Monitor the request and ensure it’s completed successfully.

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Practice - Processing Service Tax Settlement Overview At the end of each period your organization is supposed to process the Service Tax Settlement and make the payment to the Service Tax Authority for the Service Tax Liability amount after adjusting the input tax credit. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Service Tax Settlement Window. (N) India Localization>India TCS/VAT/Service Tax>Period End>Settlement 2. Select the Regime as Service Tax, Service Tax Registration Number and Organization. Enter the Service Tax Settlement Date. 3. (B) Get Details 4. Review the Service Tax Debit and Credit Amounts 5. Select Service Tax Authority Vendor and Site and enter the Challan Number and Date 6. (B) Process 7. System will automatically create a Payable Invoice for the Service Tax Authority Vendor 8. Process the Payment of the Invoice for Service Tax Authority. 9. Navigate to Service Tax Settlement Payment Detail window and Process the Payment Details to update the payment status of the Invoice.

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Solution - Processing Service Tax Settlement Tasks 1. Navigate to Service Tax Settlement Window (N) India Localization>India TCS/VAT/Service Tax>Period End>Settlement 2. Enter the Details as

- Regime = Service Tax - Registration No. = Service Tax Registration Number - Organization = Select the Organization for Service Tax Settlement - Settlement Date = Select the Service Tax Settlement Date

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3. (B) Get Details

4. Review whether Service Tax Liability Exists or not. 5. Select the Service Tax Authority Vendor and Site. Enter the Challan Details as

- Challan Number = XX-ST-XXXX - Challan Date = Current Date

6. (B) Process

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7. (B) Ok 8. Review the Concurrent Program ‘Localization Payables Open Interface Import (Payables Open Interface Import)’ and ensure it is completed successfully.

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9. Review the Service Tax Invoice Details in the Settlement Payment Details.

(N) India Localization>India TCS/VAT/Service Tax>Period End>Settlement Payment Details

10. Enter the Regime as ‘Service Tax’, Vat Registration Number and Settlement status as ‘Payment Due’

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11. (B) Find

12. Ensure that the status of the Invoice is ‘Imported’. Close the Window. 13. Query for the Invoice Generated for the Service Tax Authority. 14. Enter the Search information

- Name = Commissioner Of Service Tax - Date From = Current Date - Date To = Current Date

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15. (B) Find 16. Review the Invoice and Validate.

17. Process the Payment of the Invoice through the Payment Workbench. You can use Pay in Full option for the same.

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18. Save the Payment Record 19. Review the Service Tax Invoice Details in the Settlement Payment Details again


20. Enter the Regime as ‘Service Tax, Vat Registration Number and Settlement status as ‘Payment Due’

21. (B) Find

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22. Review the Invoice Details and ensure that the Invoice Status is ‘Paid’ and enable the Process Payment Flag against the Invoice.

23. (B) Process Payment.

24. (B) Ok

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Practice - TDS Deduction on Standard Invoice Overview You have received the invoice from the Supplier and you are processing the same in the Oracle Payable Invoice Workbench. Under the provisions of Income Tax Act you are supposed to deduct the tax before making the payment to the supplier. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Payables, Vision India (Hyderabad)

1. Navigate to the Payables Invoice Workbench 2. Enter the following Invoice:

Supplier Name

Invoice Date Invoice Num Invoice Amount

Description

XX Corporation

Current Date Rent-1 125000 Rent Expenses

3. Review the Distribution Details and select the TDS Code as mentioned below:

Num Type Amount Account Global DFF 1 Item 125000 01.000.7185.0000.0000 TDS-194I-

15.45%-RENT

4. Save your work. 5. Validate the Invoice. 6. Review TDS related Invoices.

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Solution - TDS Deduction on Standard Invoice Tasks Enter a Standard Invoice and Deduct the TDS on the same.

1. Navigate to the Invoice Batches window.

• (N) Invoices>Entry>Invoices 2. Enter an invoice using the following details:

Supplier Name


Description

XX Corporation

Current Date Rent-1 125000 Rent Expenses


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4. Review the Distribution Details and Select the TDS Code as mentioned below:

Num Type Amount Account Global DFF 1 Item 125000 01.000.7185.0000.0000 TDS-194I-

15.45%-RENT

5. Save and Close the Distribution window. 6. (B) Actions 7. Validate the Invoice. - Validate = Selected 8. Review Concurrent Request ““Import TDS invoices - invoice validate (Payables Open Interface Import)” and “Approval Of TDS Invoices (India - TDS Approval) “. Ensure that the requests are completed normally. (M) View>Request>Find

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9. Review the TDS related Invoices i.e. Standard Invoice for the Income Tax Authority and Credit Memo for the Supplier. Navigate to the Find Invoices window

• (N) Invoices>Entry>Invoices 10. Query invoice number ADV-1% 11. (B) Find

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Practice-TDS Deduction on Prepayment Invoice Overview You are making an advance payment to the Supplier and you will be processing the invoice into Oracle Payable Invoice Workbench. Under the provisions of Income Tax Act you are supposed to deduct the tax on the advance payment made to the Supplier. Assumptions



1. Navigate to the Payables Invoice Workbench 2. Enter the following Invoice:

Supplier Name


Description

XX Corporation

Current Date 1000 25000 Advance Paid


Num Type Amount Account Global DFF 1 Item 25000 Prepayment

Account TDS-194I-15.45%-RENT

4. Save your work. 5. Validate the Invoice. 6. Review TDS related Invoices. 7. Process Payment of the Prepayment Invoice

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Solution - TDS Deduction on Prepayment Invoice Tasks Enter a Prepayment Invoice and Deduct the TDS on the same.

1. Navigate to the Invoice Batches window.

• (N) Invoices>Entry>Invoices 2. Enter an invoice using the following details:

Supplier Name


Description

XX Corporation

Current Date ADV-1 25000 Advance Paid


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Num Type Amount Account Global DFF 1 Item 25000 Prepayment

Account TDS-194I-15.45%-RENT

5. Save and Close the Distribution window. 6. (B) Actions 7. Validate the Invoice. - Validate = Selected 8. Review Concurrent Request ““Import TDS invoices - invoice validate (Payables Open Interface Import)” and “Approval Of TDS Invoices (India - TDS Approval) “. Ensure that the requests are completed normally. (M) View>Request>Find

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9. Review the TDS related Invoices i.e. Standard Invoice for the Income Tax Authority and Credit Memo for the Supplier. Navigate to the Find Invoices window

• (N) Invoices>Entry>Invoices 10. Query invoice number ADV-1% 11. (B) Find

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12. Process the Payment of the Prepayment Invoice.

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Practice - TDS Reversal on Prepayment Invoice Application Overview An advance was paid to the Supplier and TDS was deducted on the same. Now you want to settle this advance against a Standard Invoice. Now Prepayment Invoice will be applied on the Standard Invoice to adjust the advance paid to the Supplier. Assumptions

• Replace XX with your terminal number or initials. • You must have access to an Oracle Application Vision database or comparable


1. Navigate to the Find Invoices window. 2. Query your invoice on which the Prepayment Invoice has to be applied. 3. Process Prepayment Application 4. Review the Invoices generated for TDS Reversal. 5. Validate the Standard Invoice.

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Solution - TDS Reversal on Prepayment Invoice Application Tasks TDS Reversal on Prepayment Invoice Application Select the Invoice 1. Navigate to the Find Invoices window.

• (N) Invoices>Entry>Invoices 2. Query the Invoice on which the Prepayment Invoice has to be applied. - Invoice Num = Rent-1% - Supplier = XX Corporation 3. (B) Find Process Prepayment Application 4. (B) Actions 5. Check the Apply/Unapply Box 6. Save 7. Review Concurrent Request ““Import TDS invoices - invoice validate (Payables Open Interface Import)” and “Approval Of TDS Invoices (India - TDS Approval) “. Ensure that the requests are completed normally. (M) View>Request>Find 8. Review the TDS related Invoices i.e. Standard Invoice for the Income Tax Authority and Credit Memo for the Supplier. Navigate to the Find Invoices window

• (N) Invoices>Entry>Invoices 9. Query invoice number Rent-1%RTN% 10. (B) Find

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Practice - Process Payment to the Tax Authority Overview You are processing the payment to the Income Tax Authority. As per provisions of Income Tax Act you are supposed to make the payment for the Tax Deducted at Source to the Income Tax Authority by the 7th day of next month for the previous month. Assumptions

• You must have access to an Oracle Application Vision database or comparable training or tests instance at your site on which to complete this practice.

Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Payment workbench 2. Select the Income Tax Authority Vendor and the Site for which the payment has to be processed. 3. Select the Bank through which the payment has to be processed 4. Select All the Invoices that are due for payment. 5. Save your work.

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Solution - Process Payment to the Tax Authority Tasks Process Payments for Income Tax Authority 1. Responsibility: Payables, Vision India (Hyderabad) 2. Navigate to the Payment workbench.

• (N) Payments>Entry>Payments

3. Select the Income Tax Authority Vendor for making the Payment 4. Select the Bank through which the Payment has to be processed. Select the Invoices 5. (B) Enter/Adjust Invoices 6. Select the Invoices that are supposed to be paid in this window.

7. Save.

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Practice - Update TDS Challan Details Overview After depositing the amount of Tax Deducted at Source, you are supposed to update the TDS Challan details in the system. Assumptions


Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the India TDS Challan Details Window

• (N) India Localization>India TDS Challan

2. Select the Income Tax Authority Vendor and the Site. 3. Update the details of challan against each cheque number through which the TDS has been deposited. 4. Save your work.

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Solution - Update TDS Challan Details Tasks Process Payments for Income Tax Authority 1. Responsibility: Payables, Vision India (Hyderabad) 2.Navigate to the TDS Challan Details window (N) India Localization>India TDS Challan 3.Select the Income Tax Authority Vendor and Site against which the Challan Details are to be updated. 4. (B) New

5. Enter the BSR Code, Cheque Deposit Date, Challan Number and the Bank details. 6. Save

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Practice - Run India Process TDS Payment Overview You are updating the Payment and the Challan Details for generation of TDS Certificates. Assumptions


Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit India Process TDS Payment Concurrent Request 3. Submit the Request 4. Monitor the request and ensure it’s completed normally.

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Solution - Run India Process TDS Payments Tasks 1. Navigate to the Submit Request Window.

• (N) Other>Requests>Run 2. Submit India Process TDS Payments

• Specify the Parameters - TDS Payment From Date = - TDS Payment To Date = - TAN number = Your Organization Tan Number - Section Type = ‘TDS Sections - Section = Select the Section or else leave it blank - TDS Authority = Select the Income Tax Authority defined as Vendor - TDS Authority Site = Select the Site or else leave it blank - Vendor = Select the Vendor or else leave it blank - Vendor Site = Select the Vendor Site or else leave it blank - Regenerate? = Select ‘Yes’ if you are running this program for the first

time or else ‘No’ if you have made any changes and you are running it after making the changes.

3. Submit the Request 4. Monitor your request until it completes successfully. This program will update the necessary details in the tables with respect to the Payment and Challan details for the Tax Deposited with the Income Tax Authority.

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Practice - Run India Generate TDS Certificates Overview You are supposed to provide the TDS Certificates to each Vendor against the TDS Deducted from the payments made to him. You will run this program to generate the TDS Certificates. Assumptions


Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit India Generate TDS Certificates Concurrent Request 3. Submit the Request 4. Monitor the request and ensure it’s completed normally.

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Solution-Run India Generate TDS Certificates Tasks 1. Navigate to the Submit Request Window.

• (N) Other>Requests>Run 2. Submit India Generate TDS Certificates

• Specify the Parameters - TDS Payment From Date = - TDS Payment To Date = - TAN number = Your Organization Tan Number - Section Type = ‘TDS Sections’ - Section = Select the Section - TDS Authority = Select the Income Tax Authority defined as Vendor - TDS Authority Site = Select the Site or else leave it blank - Vendor = Select the Vendor or else leave it blank - Vendor Site = Select the Vendor Site or else leave it blank

3. Submit the Request 4. Monitor your request until it completes successfully. This program will generate the TDS Certificates and allocate the Certificate Numbers also based on the TAN number of the Organization.

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Practice - Run India TDS Certificates Overview You are supposed to provide the TDS Certificates to the Supplier against the TDS deducted from the payments made to him. Run this concurrent request to take the printout of the TDS Certificates. Assumptions


Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit India TDS Certificates Concurrent Request 3. Submit the Request 4. Monitor the request and ensure it’s completed normally.

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Solution - Run India TDS Certificates Tasks 1. Navigate to the Submit Request Window.

• (N) Other>Requests>Run 2. Submit India Process TDS Payments

• Specify the Parameters - TAN number = Your Organization Tan Number - Financial Year = Select the Financial Year in this Field - Organization = Select the Organization Name in this Field - Certificate Nos. From = Select the starting Certificate Number in this

field. - Certificate Nos. To = Select the ending Certificate Number in this field. - Certificates From Date = Enter the Certificate Start Date or else leave it

blank - Certificates To Date = Enter the Certificate End Date or else leave it blank - Vendor = Select the Specific Vendor Name or else leave it blank if you

want to run it for all the Vendors. - Name of signee = Enter the name of Authorized Signatory in this Field. - Designation = Enter the Designation of the Authorized Signatory - Place = Enter the name of the Place in this field. - Acknowledgement No. for first quarter = Enter the Acknowledgement No. - Acknowledgement No. for second quarter = Enter the Acknowledgement

No. - Acknowledgement No. for third quarter = Enter the Acknowledgement

No. - Acknowledgement No. for fourth quarter = Enter the Acknowledgement

No. 3. Submit the Request 4. Monitor your request until it completes successfully. After successful completion of this request, you can review the output of the request and handover the certificate to the Vendor.

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Practice - Run India - Program to Generate eTDS Quarterly Certificates 26Q Overview You are supposed to submit Quarterly Returns with the Income Tax Authority. At the end of every quarter your Organization is supposed to submit the return wit the Income Tax Authority for providing the details of TDS deducted during a particular quarter. Assumptions


Tasks Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit India - Program to Generate eTDS Quarterly Certificates 26Q Concurrent Request 3. Submit the Request 4. Monitor the request and ensure it’s completed normally.

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Practice - Run India - Program to Generate eTDS Quarterly Certificates 26Q Tasks 1. Navigate to the Submit Request Window.

• (N) Other>Requests>Run 2. Submit India - Program to Generate eTDS Quarterly Certificates 26Q

• Specify the Parameters - TAN number = Your Organization Tan Number - Financial Year = Select the Financial Year in this Field - Quarter of the Fiscal Year = Select the Quarter - Tax Authority = Select the Income Tax Authority Vendor - Tax Authority Site = Select the Tax Authority Site or else leave it blank - Organization = Select the Organization Name in this Field - Deductor Name = Enter the Name of The Deductor - Deductor State = Select the State from the LOV - Deductor’s Address Changed Since Last Return? = Select ‘Yes’ or ‘No’ - Deductor Status = Select either Government or Other - Person Responsible for Deduction = Enter the name of the Authorized

Person - Designation of Person Responsible = Enter the Designation - Address of Person Responsible = Enter the Address - State of Person Responsible = Select the State from the LOV - Pin of Person Responsible = Enter the Pin Code of the State - Responsible Person’s Address Changed Since Last Year = Select ‘Yes’ or

‘No’ - Invoice From Date = Enter the Start Date of the Quarter - Invoice To Date = Enter the End Date of the Quarter - Provisional Receipt Number = Enter the Provisional Receipt Number if

available - File Path = Select ‘/dbfiles/applcsf/log’ - File Name = Enter the file name with your initials - Action Event = Select ‘V’ to Validate the Data, ‘H’ to generate the details

with Header and ‘F’ to generate the file. 3. Submit the Request 4. Monitor your request until it completes successfully. After successful completion of this request, the output file will be stores on server in the location ‘/dbfiles/applcsf/log’. Ask your DBA to extract this file from the Server and the same file can be used for filing the return with the Income Tax Authority.

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Practice - Create Purchase Order with Value Added Tax Overview In this Practice you will learn how to enter a purchase order with Value Added Tax. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Purchase Orders (Localized) window (N) India Localization>Purchase Orders>Purchase Orders (Localized) 2. (B) Open, You will be navigated to the Base Application 3. Create a Standard Purchase Order

• (B) Open - Type = Standard Purchase Order - Supplier = XX Corporation - Site = HYDERABAD - Ship -To = XXH-Hyderabad - Bill -To = XXH- Hyderabad

4. Enter shipment lines according to the following table: Num Type Item Quantity Price Promised

Date 1 Goods LocRm 1000 100 Today+5

days 5. (B) Shipment. Enter Information for line 1 according to the following table. Num Receipt

Close Tolerance (%)




1 5 5 3-way Receipt 6. With the cursor on shipment line 1, choose Distributions

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7. Enter/ Review the distribution lines according to the following table: Num Destination


1 Inventory 1000 01.000.1410.0000.0000 8. Save you work. 9. Close the Base Application window. 10. Review the defaulted Tax Category in the Purchase Orders (Localized) window. 11. Review the Taxes defaulted based on the Category. 12. Save the Form. 13. (B) Open, You will be navigated to the Base Application. 14. Select Submit for Approval, deselect all other options. 15. Record your purchase order number ___________

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Solution - Create Purchase Order with Value Added Tax Tasks Create a Standard Purchase Order 1. Responsibility: Purchasing, Vision India (Hyderabad) 2. Navigate to the Purchase Orders (Localized) window


• (B) Open

- Type = Standard Purchase Order - Supplier = XX Corporation - Site = Site Name - Site = HYD-SERVICE - Ship -To = XXH-Hyderabad - Bill -To = XXH-Hyderabad

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3. (T) Lines

- Type = Goods - Item = LocRM - Quantity = 1000 - Price = 100


Date 1 XXH XXH-

Location Name

1000 Today+5 days

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Enter More Information 6. (T) More 7. Enter more information for Line according to the following table:

Num Receipt Close

Tolerance (%) Invoice Close Tolerance (%)



1 5 5 3-way Receipt

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8. (B) Distributions 9. Review the Distribution Lines according to the following table:

Num Destination Type

Quantity Charge Account

1 Inventory 1000 01.000.1410.0000.0000


11. Review the defaulted Tax Category in the Purchase Orders (Localized) window.

12. Review the Defaulted Taxes and make changes if required.

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13. (B) Taxes to Review the Taxes - (B) Apply - Save the taxes after Review and Close the Taxes window.


15. (B) Approve


17. (B) OK

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nly


Practice - Create Receiving Transaction against VAT Purchase Order Overview You have raised a Purchase Order for procuring some raw material from a Vendor and now you are processing the Receiving Transaction against the same Purchase Order. In this Practice you will learn how to enter receipts through Receipts (Localized) window against India Localization Taxes (Value Added Tax) Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Receipts (Localized) 2. Select the Inventory Organization in which the Receipt has to be processed. 3. (B) New 4. You will be navigated to the Find Receipts Base Application window 5. Enter the Receipt Number and Process the receipt. 6. Save your work. 7. Close all the Receipt Windows until Receipts Localized window displayed. 8. (B) Refresh 9. Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Deliver (India - Receiving Transaction Processor) request completes data will be displayed in this window. 10. Review the Taxes in the Receipts (Localized) window. 11. (B) Claim Vat Online 12. Accept ‘Yes’ to generate the Accounting Entries.

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13. Close the Receipts (Localized) Window. 14. Review the Accounting Entries

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Solution - Create Receiving Transaction against VAT Purchase Order Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Receipts (Localized) 2. Select the Inventory Organization in which the Receipt has to be processed and Click on (B) OK

3. (B) New 4. You will be navigated to the Find Receipts Base Application window 5. Enter the Purchase Order Number

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6. (B) Find and Process the Receipt. Select Sub Inventory as XX-RMI.

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7. Save the Record. 8. Close all the Receipt Windows until Receipts Localized window displayed. 9. (B) Refresh Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Deliver (India - Receiving Transaction Processor) request completes data will be displayed in this window. Make a Note of the Receipt Number_________

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10. Review the Taxes in the Receipts (Localized) window. 11. (B) Claim VAT

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12. (B) Yes

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13. Enter Processing Action = Claim Invoice Number = Vat-XXXX Invoice Date = Current Date 14. (B) Process Defaults. Save the Record 15. Close the Vat Claim Window 16. Review India - Receiving Transaction Processor for Deliver (India - Receiving Transaction Processor) and India - VAT Claim Processor (India - VAT Claim Processor) and ensure it is completed successfully. 17. (B) Claim Vat. Review the Status of Vat as Full Claimed

18. Close Vat Claim Window. 19. (M) Tools> View Accounting

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Practice - Match to a Purchase Order with Value Added Tax Overview Your Supplier has provided you the goods and therefore he has raised a bill on you. In this practice you will learn how to match an Invoice with the Purchase Order and how the Tax lines will be defaulted against the same. Assumptions






4. (B) Match. Match your invoice to a Purchase Order. 5. Enter your Receipt Number to match the invoice against. 6. Review the Match Details. 7. Complete the Match and save the Record 8. Verify that the distribution total equals the invoice amount. 9. Review the Tax Lines generated in the Distribution Window.

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Solution - Match to a Purchase Order with Value Added Tax Tasks Enter an Invoice - Responsibility: Payables, Vision India (Hyderabad) 1. Navigate to the Invoices Window





Match to a Purchase Order 4. (B) Match 5. Note that your PO number defaults on the Find Purchase Orders in the Matching window 6. Select the Receipt Number in the Receipt field.

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9. (B) Match and Save the Record

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10. System will run the concurrent request ‘TO INSERT TAX Distributions (India - To Insert Tax Distributions)’. Ensure that it has been completed successfully. 11. (B) Distributions

12. Ensure that the tax lines under line type ‘Miscellaneous’ have been generated for the taxes attached to the Purchase Order. 13. Validate the Invoice.

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Practice - Create Return to Vendor against VAT Receiving Transaction Overview Due to some issue with the material supplied by the Vendor your organization has decided to return the material back to the vendor. In this Practice you will learn how to enter return to Vendor Transaction with Value Added Taxes. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Return to Vendor (India) 2. Select the Inventory Organization in which the Receipt has to be processed. 3. Enter the Receipt Number and click on (B) New. 4. You will be navigated to the Find Receipts Base Application window 5. Enter the Receipt Number and click on (B) Find. 6. Enter the Return Quantity and Return to Location. Save your work. 7. System will run ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Return To Receiving (India - Receiving Transaction Processor) automatically. Review the request and ensure it completes successfully 8. Close all the Return to Vendor Windows until Return to Vendor Localized window displayed. 9. Enter the Receipt Number and click (B) Find. 10. Enter ‘Generate’ in the Process Action Field and click (B) Default. 11. Ensure that the Action ‘Generate’ has been populated in all the lines. 12. (B) Process 13. Review the Accounting Entries

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Solution - Create Return to Vendor against VAT Receiving Transaction Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to the Receipts (Localized) window (N) India Localization>Receipts>Return to Vendor (India) 2. Select the Inventory Organization in which the Receipt has to be processed and Click on (B) OK

3. (B) New

4. You will be navigated to the Find Receipts Base Application window

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5. Enter the Receipt Number against which the Material has to be returned.

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6. (B) Find and Process the receipt. Enter the Return Quantity and Return to as ‘Supplier’

7. Save the Record 8. System will run ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Return To Receiving (India - Receiving Transaction Processor) automatically. Review the request and ensure it completes successfully 9. Close all the Return to Vendor Windows until Return to Vendor Localized window displayed. 10. Enter the Receipt Number and click (B) Find. 11. Enter ‘Generate’ in the Process Action Field and click (B) Default.

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12. Ensure that the Action ‘Generate’ has been populated in all the lines. 13. (B) Process

14. (B) Yes

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15. Review the Accounting Entries. Query the Receipt from the Receipt (Localized) Window 16. (M) Tools> View Accounting

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Practice - Create Sales Order with VAT Taxes Overview You are processing an Order with an Item and you are supposed to pay VAT on the same. In this Practice you will learn how to enter a Sales Order with VAT type of Taxes Assumptions





XX-AR Corporation


XX-Org Name

5. Enter Line Item Information according to the following table: Line Ordered Item Quantity 1.1 LocFG 10 6. Save your Order. Close all the windows until Orders Localized Window displayed 7. Review the VAT Category defaulted to the Order (Localized Window) 8. Review the Vat Taxes defaulted based on the Tax Category. 9. Save your Order. 10. (B) Open 11. Book the Order. 12. Make a note of your Order Number ______________

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Solution - Create a Sales Order with VAT Taxes Tasks Create a Sales Order 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Orders/Returns (Localized) window


• (B) Open

- Order Type= XX-Standard Order-Org Name - Customer = XX AR Corporation - Price List = LOC-India Price List - Warehouse = XX Org Name

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3. (T) Line Items


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4. Save your Order. Close all the windows until Orders Localized Window displayed 5. Review the Vat Tax Category defaulted in Orders (Localized Window)

6. Review the Taxes defaulted based on the Tax Category.

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7. Save your Order. 8. (B) Open 9. (B) Book Order

10. Make a note of your Order Number _____________

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Practice - Shipping Transaction Overview Once the Order has been booked, you will have to complete the Pick Release and Ship Confirm Transaction to deplete the stock from the warehouse. Assumptions


training or tests instance at your site on which to complete this practice. Tasks 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Shipping Transaction Window (N) Oracle Order Management>Shipping>Transactions 3. Enter the Order Number noted down in the previous Exercise in the Query window 4. (B) Find 5. (B) Actions Select Launch Pick Release 6. (B) Go 7. (B) Ok 8. Review the Pick Selection List Generation program and ensure it is completed successfully. 9. Close the window and again navigate to Shipping Transaction window 10. Enter the Order Number again and Click on (B) Find Button 11. Move to Delivery TAB and ensure a delivery number has been allocated against the order. 12. (B) Ship Confirm 13. (B) Ok 14. (B) Ok 15. Review the Concurrent Programs Bill of Lading, Packing Slip Report, Commercial Invoice, Vehicle Load Sheet Details and Interface Trip Stop and ensure the successful completion of these programs.

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16. Run ‘India - VAT Invoice Generation / Accounting’ to generate the Vat Invoice Number and to create the accounting for Interim Vat Liability. 17. Check the Vat Invoice Number in the Ship Confirm (Localized) window.

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Solution - Shipping Transaction Tasks Create a Shipping Transaction 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Shipping Transaction Window (N) Oracle Order Management>Shipping>Transactions 3. Enter the Order Number noted down in the previous exercise 4. (B) Find


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6. (B) Go

7. (B) Ok 8. Review the ‘Pick Selection List Generation’ program and ensure it is completed successfully.

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9. Close the window and again navigate to Shipping Transaction window 10. Enter the Order Number again and Click on (B) Find Button 11. (T) Delivery and ensure a delivery number has been allocated against the order. Make a note of the delivery number.

12. (B) Ship Confirm

13. (B) Ok

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14. (B) Ok 15. Review the Concurrent Programs Bill of Lading, Packing Slip Report, Commercial Invoice, Vehicle Load Sheet Details and Interface Trip Stop and ensure the successful completion of these programs.

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16. Run ‘India - VAT Invoice Generation / Accounting’ to generate the Vat Invoice Number and to create the accounting for Interim Vat Liability.

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17. Query your order in the Ship Confirm (Localized) window. Check the Vat Invoice Number in the Ship Confirm (Localized) window. (N) India Localization>Shipping>Ship Confirm (Localized)

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training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit Auto Invoice Master Program. 3. Submit the Request 4. Monitor the request and review the output.

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Solution - Run Auto Invoice Master Program Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Request Window. (N) Interfaces>Auto-Invoice 2. Submit Auto Invoice Master Program


3. (B) OK


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Solution - Run India Local Concurrent for Processing Order Lines to AR Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Request Window. (N) Control>Requests>Run 2. Submit India Local Concurrent for Processing Order Lines to AR


- P_ALL_ORGS = No

3. (B) OK 4. (B) Submit 5. Monitor the request and ensure that it’s completed successfully. After the completion of this Concurrent Program, Tax Lines attached with the Order would be processed and you can see them in the Base Application Transaction window also.

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6. Check the Receivable Transaction 7. (N) India Localization>Transactions>Transactions (Localized) 8. Enter your Organization and Location Details 9. (B) Open 10. Enter your Order Number in the Reference Field and Bill to Customer in the Query Mode. Find your transaction and Review the same.

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Practice - Create Return Sales Order (RMA) with VAT Taxes Overview You are processing a Return Sales order, as the quantity billed to the customer was wrong. In this Practice you will learn how to enter a Return Sales Order with VAT type of Taxes. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Order Management, Vision India (Hyderabad) 1. Navigate to the Orders/Returns (Localized) window 2. (B) Open, You will be navigated to the Base Application 3. Query the Sales Order against which you want to book the return order 4. (B)- Action 5. Select ‘Copy’ from list of Values 6. Enter the Return Order Information according to the following table: Sr. No Order Type Return

Reason 1 XX-Standard

Return-Org Name

Cancellation

7. Query the Order Number generated after saving. 8. Enter Line Item Information according to the following table: Line Ordered Item Quantity 1.1 LocFG -5 9. Save your Order. 10. (B) Book Order. Close all the windows until Orders Localized Window displayed 11. (T) Return. 12. Ensure that a Delivery number has been generated against the return order.

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13. Change the Responsibility to Purchasing Vision (Hyderabad) (N) India Localization > Receipts> Receipts (Localized) 14. Select the Inventory Organization in which the Receipt has to be processed. 15. (B) New 16. You will be navigated to the Find Receipts Base Application window 17. Click on (T) Customer and Enter the Receipt Number and Process the receipt. 18. Save your work. 19. Close all the Receipt Windows until Receipts Localized window displayed. 20. (B) Refresh 21. Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ and India - Receiving Transaction Processor for Deliver (India - Receiving Transaction Processor) request completes data will be displayed in this window. 22. Review the Taxes in the Receipts (Localized) window. 23. (B) Claim Vat Online 24. Accept ‘Yes’ to generate the Accounting Entries. 25. Enter the Vat Invoice Details and Save the Record.

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Solution - Create Return Sales Order (RMA) with VAT Taxes Tasks Create a Sales Order 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Orders/Returns (Localized) window


• (B) Open

- Query the Order Number against which the Return has to be Processed

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- (B) Action. Select Copy

- (B) Ok - Change Order Type to – XX-Standard Return- Org Name

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- (T) Copy Lines - Return Reason- Cancellation - (B) Ok

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3. Note the Return Order Number Generated.

4. Query the Return Order Number

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5. Review the Return Quantity

6. (B) Book Order

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7. Change the Responsibility to Purchasing Vision (Hyderabad) (N) India Localization> Receipt > Receipt Localized

8. Select the Inventory Organization in which the Receipt has to be processed. (B) Ok

9. (B) New

10. You will be navigated to the Find Receipts Base Application window 11. Click on (T) Customer and Enter the Return Order Number and Click (B) Find.

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12. Process the receipt. Select Sub-Inventory as XX-FGI

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13. Save your work. 14. Close all the Receipt Windows until Receipts Localized window displayed. 15. (B) Refresh

16. Keep on refreshing the window. Once the ‘Receiving Transaction Processor’ and ‘India - Receiving Transaction Processor for Deliver (India - Receiving Transaction Processor) request completes data will be displayed in this window.

17. Review the Taxes in the Receipts (Localized) window.

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18. (B) Claim Vat Online. (B) Yes

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19. Accept (B) ‘Yes’ to generate the Accounting Entries. (B) Ok.

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20. Enter the Vat Invoice Information

- Processing Action = Claim - Invoice No. = Vat-XXXX - Invoice Date= Enter the Invoice Date - Party Site = Select from list of Values - (B) Populate Default

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21. Save the Record. Close the Vat Claim window. 22. Again Click on (B) Claim Vat 23. Ensure the Claim Status is Full Claimed.

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Practice- Run Auto Invoice Master Program for RMA Transaction Overview Once the Order has been booked and the picking and shipping has been completed, you will have to run the Auto-Invoice Master Program to import the order to Receivable Module for generation of AR Invoice. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit Auto Invoice Master Program 3. Submit the Request 4. Monitor the request and review the output. 5. Review the Credit Memo Generated against the Return Order.

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Solution - Run Auto Invoice Master Program for RMA Transaction Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Request Window. (N) Interfaces>Auto-Invoice 2. Submit Auto Invoice Master Program


3. (B) OK


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6. (N) India Localization>Transactions>Transactions (Localized) 7. Enter your Organization and Location Details 8. (B) Open 9. Enter your Order Number in the Reference Field and Bill to Customer in the Query Mode. Find your transaction and Review the same.

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Practice - VAT Manual Entry Overview You can create an adjustment entry to correct any wrongly processed transaction or for recording a missing transaction. In this practice you will create an adjustment entry to record the VAT Liability. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate Manual Entry window. - (N) India Localization>India TCS/VAT/Service Tax>Transactions>Manual Entry 2. Select the details as mentioned below:

- Regime = Value Added Tax - Organization Type = Inventory Organization - Organization Name = XX- Hyderabad

3. (B) New 4. Enter the details as mentioned below:

- Regimes = Value Added Tax - Organization Type = Inventory Organization - Organization Name = XX-Hyderabad - Transaction Type = Liability - Transaction Date = Current Date - Party Name = XX-AR Corporation - Party Site = Select Ship to Site - Item Class = Finished Goods - Item Name = LocFG - Remarks = VAT Liability on XX Invoice - Tax Type = Value Added Tax - Assessable Value = 116480 - Rate = 12.5% - Adjustment Account = 01.000.2465.0000.0000

5. (I) Save

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Solution - Vat Manual Entry Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate Manual Entry window. - (N) India Localization>India TCS/VAT/Service Tax>Transactions>Manual Entry

2. Select the details as mentioned below:

- Regime = Value Added Tax - Organization Type = Inventory Organization - Organization Name = XX- Hyderabad

3. (B) New

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- Regimes = Value Added Tax - Organization Type = Inventory Organization - Organization Name = XX-Hyderabad - Transaction Type = Liability - Transaction Date = Current Date - Party Name = XX-AR Corporation - Party Site = Select Ship to Site - Item Class = Finished Goods - Item Name = LocFG - Remarks = VAT Liability on XX Invoice - Tax Type = Value Added Tax - Assessable Value = 116480 - Rate = 12.5% - Adjustment Account = 01.000.2465.0000.0000

5. (I) Save

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Practice - Processing Vat Settlement Overview At the end of each period your organization is supposed to process the Vat Settlement and make the payment to the Vat Authority for the Vat Liability amount after adjusting the input tax credit. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Vat Settlement Window. (N) India Localization>India TCS/VAT/Service Tax>Period End>Settlement 2. Select the Regime as Value Added Tax, Vat Registration Number and Organization. Enter the Vat Settlement Date. 3. (B) Get Details 4. Review the Vat Debit and Credit Amounts 5. Select Vat Authority Vendor and Site and enter the Challan Number and Date 6. (B) Process 7. System will automatically create a Payable Invoice for the Vat Authority Vendor 8. Process the Payment of the Invoice for Vat Authority. 9. Navigate to Vat Settlement Payment Detail window and Process the Payment Details to update the payment status of the Invoice.

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Solution - Processing Vat Settlement Tasks 1. Navigate to Vat Settlement Window (N) India Localization>India TCS/VAT/Service Tax>Period End>Settlement 2. Enter the Details as

- Regime = Value Added Tax - Registration No. = Vat Registration Number - Organization = Select the Organization for Vat Settlement - Settlement Date = Select the Vat Settlement Date

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3. (B) Get Details

4. Review whether Vat Liability Exists or not. 5. Select the Vat Authority Vendor and Site. Enter the Challan Details as

- Challan Number = XX-Vat-1234 - Challan Date = Current Date

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6. (B) Process

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7. (B) Ok 8. Review the Concurrent Program ‘Localization Payables Open Interface Import (Payables Open Interface Import)’ and ensure it is completed successfully.

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9. Review the Vat Invoice Details in the Settlement Payment Details.


10. Enter the Regime as ‘Value Added Tax’, Vat Registration Number and Settlement status as ‘Payment Due’

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11. (B) Find

12. Ensure that the status of the Invoice is ‘Imported’. Close the Window. 13. Change the Responsibility to Payable Vision India (Hyderabad) and Query for the Invoice Generated for the Vat Authority. 14. Query for the Invoice generated for the Vat Authority. Enter the Search information

- Name = India Vat Authority - Date From = Current Date - Date To = Current Date

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15. (B) Find 16. Review the Invoice and Validate.

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17. Process the Payment of the Invoice through the Payment Workbench. You can use Pay in Full option for the same.

18. Save the Payment Record

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19. Review the Vat Invoice Details in the Settlement Payment Details again (N) India Localization>India TCS/VAT/Service Tax>Period End>Settlement Payment Details

20. Enter the Regime as ‘Value Added Tax’, Vat Registration Number and Settlement status as ‘Payment Due’

21. (B) Find 22. Review the Invoice Details and ensure that the Invoice Status is ‘Paid’ and enable the Process Payment Flag against the Invoice.

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23. (B) Process Payment.

24. (B) Ok

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Practice - Create Sales Order with TCS Taxes Overview Your organization is liable to pay TCS on the sale of different type of Products that are covered under the preview of Tax Collected at Source. In this Practice you will learn how to enter a Sales Order with TCS type of Taxes Assumptions





XX-AR Corporation


XX-Org Name

5. Enter Line Item Information according to the following table: Line Ordered Item Quantity 1.1 Loc-Tendu

Leaves 1

6. Save your Order. Close all the windows until Orders Localized Window displayed 7. Remove the Defaulted Category (Localized Window) 8. Attach “TCS on Tendu Leaves w/o Surcharge” Category 9. Save your Order. 10. (B) Open 11. Book the Order. 12. Make a note of your Order Number ______________

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Solution - Create a Sales Order with TCS Taxes Tasks Create a Sales Order 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Orders/Returns (Localized) window


• (B) Open

- Order Type= XX-Standard Order-Org Name - Customer = XX AR Corporation - Price List = LOC-India Price List - Warehouse = XX Org Name

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3. (T) Line Items

- Order Item= Loc-Tendu Leaves - Quantity = 1

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4. Save your Order. Close all the windows until Orders Localized Window displayed 5. Remove the Defaulted Tax Category (Localized Window)

6. Attach “TCS on Tendu Leaves w/o Surcharge” Category and Review the taxes.

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Practice - Shipping Transaction Overview Once the Order has been booked, you will have to complete the Pick Release and Ship Confirm Transaction to deplete the stock from the warehouse. Assumptions


training or tests instance at your site on which to complete this practice. Tasks 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Shipping Transaction Window (N) Oracle Order Management>Shipping>Transactions 3. Enter the Order Number noted down in the previous Exercise in the Query window 4. (B) Find 5. (B) Actions Select Launch Pick Release 6. (B) Go 7. (B) Ok 8. Review the Pick Selection List Generation program and ensure it is completed successfully. 9. Close the window and again navigate to Shipping Transaction window 10. Enter the Order Number again and Click on (B) Find Button 11. Move to Delivery TAB and ensure a delivery number has been allocated against the order. 12. (B) Ship Confirm 13. (B) Ok 14. (B) Ok 15. Review the Concurrent Programs Bill of Lading, Packing Slip Report, Commercial Invoice, Vehicle Load Sheet Details and Interface Trip Stop and ensure the successful completion of these programs.

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Solution - Shipping Transaction Tasks Create a Shipping Transaction 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Shipping Transaction Window (N) Oracle Order Management>Shipping>Transactions 3. Enter the Order Number noted down in the previous exercise 4. (B) Find


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6. (B) Go

7. (B) Ok 8. Review the Pick Selection List Generation program and ensure it is completed successfully.

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9. Close the window and again navigate to Shipping Transaction window 10. Enter the Order Number again and Click on (B) Find Button 11. Move to Delivery TAB and ensure a delivery number has been allocated against the order.

12. (B) Ship Confirm

13. (B) Ok 14. (B) Ok

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15. Review the Concurrent Programs Bill of Lading, Packing Slip Report, Commercial Invoice, Vehicle Load Sheet Details and Interface Trip Stop and ensure the successful completion of these programs.

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3. (B) OK


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Solution - Run India Local Concurrent for Processing Order Lines to AR Tasks 1. Navigate to the Submit Request Window. (N) Control>Requests>Run 2. Submit India Local Concurrent for Processing Order Lines to AR



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Practice - Bill Only Sales Order with TCS Taxes Overview Your organization is liable to pay TCS on the sale of different type of Products that are covered under the preview of Tax Collected at Source. Practice you will learn how to enter a Bill Only Sales Order with TCS type of Taxes Assumptions




1 XX-Bill Order-Org Name

XX-AR Corporation


XX-Org Name

5. Enter Line Item Information according to the following table: Line Ordered Item Quantity 1.1 Loc-Tendu

Leaves 1

6. Save your Order. Close all the windows until Orders Localized Window displayed 7. Remove the Defaulted Category (Localized Window) 8. Attach “TCS on Tendu Leaves w/o Surcharge” Category. 9. Save your Order. 10. (B) Open 11. Book the Order. 12. Make a note of your Order Number ______________

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Solution - Create a Bill Only Sales Order with TCS Taxes Tasks Create a Sales Order 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Orders/Returns (Localized) window


• (B) Open

- Order Type = XX-Bill Order-Org Name - Customer = XX AR Corporation - Price List = LOC-India Price List - Warehouse = XX Org Name

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3. (T) Line Items

- Order Item= Loc-Tendu Leaves - Quantity = 1

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4. Save your Order. Close all the windows until Orders Localized Window displayed 5. Remove the Defaulted Category (Localized Window)

6. Attach “TCS on Tendu Leaves w/o Surcharge” Category and Review the taxes.

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Practice - Run Auto Invoice Master Program Overview Once the Order has been booked, you will have to run the Auto-Invoice Master Program to import the order to Receivable Module for generation of AR Invoice. Assumptions



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3. (B) OK


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Practice- Run India Local Concurrent for Processing Order Lines to AR Overview You will be running this Concurrent Program to process the Order Lines to Receivables.. Assumptions



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Solution- Run India Local Concurrent for Processing Order Lines to AR Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Submit Request Window. (N) Control>Requests>Run 2. Submit India Local Concurrent for Processing Order Lines to AR



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Practice - Create Standalone AR Transaction with TCS Taxes Overview Your organization is liable to pay TCS on the sale of different type of Products that are covered under the preview of Tax Collected at Source. In this Practice you will learn how to enter a Standalone AR Transaction with TCS Taxes. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Receivables, Vision India (Hyderabad) 1. Navigate to the Transactions (Localized) window 2. Select your Organization and Location 3. (B) Open, You will be navigated to the Base Application 4. Enter the Transaction Information according to the following table: Source Class Type Customer (Bill

To and Ship To) Payment Terms

Manual-Other Invoice XX-INV-Hyderabad

XX AR Corporation

Immediate

5. Enter Line Item Information according to the following table: Description Quantity Unit Price Sale of Tendu Leaves

100 100

6. Save your Transaction. System will automatically run the concurrent Program ‘AR Tax and Freight Defaultation (India - AR Tax and Freight Defaultation)’. Close all the windows until Transaction (Localized) Window displayed 7. Remove the Defaulted Category (Localized Window) 8. Attach “TCS on Tendu Leaves w/o Surcharge” Category 9. Save your Transaction. 10. (B) Open 11. Complete your Transaction and Note the Transaction Number ___________

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Solution - Create Standalone AR Transaction with TCS Taxes Tasks Create a Standalone AR Invoice 1. Responsibility: Receivables, Vision India (Hyderabad) 2. Navigate to the Transactions (Localized) window

• (N) India Localization>Transactions (Localized)

• (B) Open

- Source = Manual-Other - Class = Invoice - Type = XX-INV-Hyderabad - Customer = XX AR Corporation - Payment Terms = Immediate

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3. (B) Line Items

- Item = Loc-Tendu Leaves - Description= Sale of Tendu Leaves - Quantity = 100 - Price = 100

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4. Save your Transaction. System will automatically run the concurrent Program ‘AR Tax and Freight Defaultation (India - AR Tax and Freight Defaultation)’, ensure that the program completes successfully. Close all the windows until Transaction Localized Window displayed. 5. Remove the Defaulted Category (Localized Window)

6. Attach “TCS on Tendu Leaves w/o Surcharge” Category and save the transaction.

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7. Apply the taxes as mentioned below:

- (B) Taxes - Review the taxes - (B) Apply - (I) Save - Close the taxes window

8. (B) Open 9. (B) Complete

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10. Make a note of your Transaction Number _____________

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Practice - Create AR Receipt for the amount Received Overview As per the rules of Tax Collection at Source whenever an organization has received any amount from the Customer for selling any product that comes under the preview of TCS, they are supposed to collect the TCS on the Receipt Amount. In this exercise we shall be creating an AR receipt for the amount received from the Customer with TCS tax. Assumptions




- Receipt Method = Advance Receipt for TCS - Receipt Number = 235678 - Receipt Amount = 50000 - Receipt Type = Standard - Customer Name = XX AR Corporation

3. (N) Tools>AR IL Cash Receipt

4. Select the Organization, Item Type, Tax Category for Advance Receipt

5. Save your work

6. (B) Confirm

7. System will generate a debit note against the Advance TCS Receipt, run the Auto invoice import program to import the TCS Debit Memo.

8. Review the Debit Memo generated after Importing through Auto Invoice.

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Solution - Create AR Receipt for the Amount Received Tasks Responsibility: Receivables, Vision India (Hyderabad)


- Receipt Method = Advance Receipt for TCS - Receipt Number = 235678 - Receipt Type = Standard - Receipt Amount = 50000 - Customer Name = XX AR Corporation

3. (N) Tools>AR IL Cash Receipts

4. Select the Organization, Item Type, Tax Category for Advance Receipt

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5. Save your work 6. (B) Confirm

7. System will generate a debit note against the Advance TCS Receipt, run the Auto

invoice import program to import the TCS Debit Memo. (N) Interfaces>Auto Invoice. Auto Invoice Master Program

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8. Review the Debit Memo in the Transactions Window.

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Practice - Application of AR Receipt to Invoice Raised with TCS taxes Overview In this exercise we shall be applying the Receipt on the Invoice Raised with the TCS taxes. Assumptions



1. Navigate to the AR Receipt Entry window. 2. Query the Receipt Details as mentioned below:

- Receipt Method = Advance Receipt for TCS - Receipt Number = 235678 - Receipt Amount = 50000 - Receipt Type = Standard - Customer Name = XX AR Corporation

3. (B) Apply

4. Select the Invoice raised in the earlier exercise

5. Save your work

6. System will generate a Credit note against the TCS Receipt application, run the Auto invoice import program to import the TCS Credit Memo.

7. Review the Credit Memo generated after Importing through Auto Invoice.

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Solution - Application of AR Receipt to Invoice Raised with TCS taxes Tasks Responsibility: Receivables, Vision India (Hyderabad)

1. Navigate to the AR Receipt Entry window. 2. Query the Receipt Details as mentioned below:

- Receipt Method = Advance Receipt for TCS - Receipt Number = 235678 - Receipt Type = Standard - Receipt Amount = 50000 - Customer Name = XX AR Corporation

3. (B) Apply

4. Select the Invoice raised with TCS taxes in earlier exercise.

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5. Save your work 6. System will generate a Credit note against the application of Receipt to the

Invoice with TCS Taxes, run the Auto invoice import program to import the TCS Credit Memo. (N) Interfaces>Auto Invoice. Auto Invoice Master Program

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7. Review the Credit Memo in the Transactions Window.

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Practice - Assign an Asset to Fixed Asset Block Overview You have procured an Asset and it has been added in the Fixed Asset base application module. As per the provisions of Income Tax Act, you are supposed to charge the depreciation on the WDV basis for a block of Assets. You shall be assigning a block to the asset. Assumptions You must have access to an Oracle Application Vision database or comparable training or tests instance at your site on which to complete this practice. Tasks Responsibility: Assets, Vision India (Hyderabad) 1. Create an Asset in the Base Application 2. Navigate to Find Assignment Window 3. Select the Fixed Asset Book and Enter either Asset Category or Asset Number or Date Placed in Service 4. (B) New 5. Assign the Block to the Asset 6. Save your work.

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Solution - Assign an Asset to Fixed Asset Block Tasks Process Payments for Income Tax Authority 1. Responsibility: Assets, Vision India (Hyderabad) 2. Navigate to the Find Assignment Window. (N) India Localization>India Block of Assets 3. Select the Asset Book for which the Assignment has to be made.

4. Select the Search Criteria or else leave other fields as blank Select and Assign the Assets 5. (B) New 6. Select the Block either at the Header Level and Click (B) Attach or else assign the block individually against each of the Assets.

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7. Review the Date of Acquisition. 8. Save your work.

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Practice - Run India – Income Tax Act Fixed Asset Schedule Overview You are supposed to calculate the depreciation on a block of Asset basis as per the provisions of Income Tax Act. Run the Concurrent request ‘India- Income Tax Act Fixed Asset Schedule to generate the schedule for this purpose. Assumptions You must have access to an Oracle Application Vision database or comparable training or tests instance at your site on which to complete this practice. Tasks Responsibility: Assets, Vision India (Hyderabad) 1. Navigate to the Submit Requests window. 2. Submit India – Income Tax Act Fixed Asset Schedule Concurrent Request 3. Submit the Request 4. Monitor the request and ensure it’s completed normally. Review the output of the report.

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Solution - Run India Income Tax Act Fixed Asset Schedule Tasks 1. Navigate to the Submit Request Window. (N) Other>Requests>Run 2. Submit India Income Tax Act Fixed Asset Schedule

• Specify the Parameters - Start Date = Enter the Start Date of the Year. - Book Name = Select the Book Name in this field

3. Submit the Request 4. Monitor your request until it completes successfully. After successful completion of this request closing balance will get updated for each block. System will carry forward the closing balances to the next period. Review the output and make any adjustments in the opening balances if necessary.

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Practice - Create a LC Master Record Overview You are processing a record for LC master. In this Practice you will learn how to enter the details of a LC in the LC master. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Order Management, Vision India (Hyderabad) 1. Navigate to the Letter of Credit Master window (N) India Localization>Letter of Credit>Letter of Credit-Master 2. Enter the details as mentioned below:

- LC Type: Revolving - Reference Number: XX-1/2009 - Customer Name: XX AR Corporation - Customer Number: Automatically Defaults - Description: LC for Finished Goods - Original Amount: 200000 - Start Date: Current Date - End Date: Current Date+90 Days - Negotiation Days: 90 - Last Negotiation Date: Current Date+90 Days - Credit Period: 90 - Last Ship Date: Current Date+90 Days - Issuing Bank Name: Deutche - Issue Branch Name: France - Issue Bank Address: France - Negotiation Bank Name: ICICI - Negotiation Branch Name: Hyderabad - Negotiation Bank Address: Hyderabad

3. Save your work

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Solution - Create a LC Master Record Tasks Create a LC Master 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Letter of Credit Master window

• (N) India Localization>Letter of Credit>Letter of Credit-Master

Enter the details as mentioned below: - LC Type: Revolving - Reference Number: XX-1/2009 - Customer Name: XX AR Corporation - Customer Number: Automatically Defaults - Description: LC for Finished Goods - Original Amount: 200000 - Start Date: Current Date - End Date: Current Date+90 Days - Negotiation Days: 90 - Last Negotiation Date: Current Date+90 Days - Credit Period: 90 - Last Ship Date: Current Date+90 Days - Issuing Bank Name: Deutche - Issue Branch Name: France - Issue Bank Address: France - Negotiation Bank Name: ICICI

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- Negotiation Branch Name: Hyderabad - Negotiation Bank Address: Hyderabad

3. Save your work

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Practice - Create Sales Order with LC Option and Match with LC Master Overview You are processing an Order for an Item and you are supposed to map this order against a LC. In this Practice you will learn how to enter a Sales Order and match the same with a Letter of Credit Assumptions




1 Standard Order-Org Name

XX-AR Corporation


XX-Org Name

5. Enter Line Item Information according to the following table: Line Ordered Item Quantity 1.1 LocFG 50 6. Save your Order. Close all the windows until Orders Localized Window displayed 7. Review the Tax Category defaulted to the Order (Localized Window) 8. Review the Excise related Taxes defaulted based on the Tax Category. 9. Enable the LC Flag on the Sales Orders India Localization window. 10. Save your Order. 11. (B) Open 12. Book the Order.

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13. Make a note of your Order Number ______________ 14. Complete Pick release process for this order. Ensure that the delivery number has been generated. 15. Match the order with the LC Master

• (N) India Localization>Letter of Credit>Letter of Credit-Matching 16. Complete Ship Confirm Process.

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Solution - Create Sales Order with LC Option and Match with LC Master Tasks Create a Sales Order 1. Responsibility: Order Management, Vision India (Hyderabad) 2. Navigate to the Orders/Returns (Localized) window


• (B) Open

- Order Type= Standard Order-Org Name - Order Item = LocFG - Customer = XX AR Corporation - Price List = LOC- India Price List - Warehouse = XX Org Name

3. (T) Line Items


4. Save your Order. Close all the windows until Orders Localized Window displayed 5. Review the Tax Category defaulted in Orders (Localized Window)

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6. Review the Taxes defaulted based on the Tax Category. 7. Enable LC Flag on the Sales Order India Localization window 8. Save your Order. 9. (B) Open 10. (B) Book Order 11. Make a note of your Order Number _____________ 12. Complete Pick release process for this order. Ensure that the delivery number has been generated.

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13. Match the order with the LC Master

• (N) India Localization>Letter of Credit>Letter of Credit-Matching - Select the Order Number noted in the previous step - Select the Order Line Number - Quantity Matched: Enter the Quantity entered in the order - LC Number: Select the LC number as per previous lab.

14. (B) Apply 15. Save your work 16. Complete Ship Confirm Process.

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Guided Demonstration - Third Party Transactions Overview Use this demo to guide the students about the Third Party Transactions in Procure to Pay Cycle Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to Purchase Orders (Localized) window (N) India Localization>Purchase Orders>Purchase Orders (Localized) 2. Raise a Purchase Order with details as mentioned below

- Vendor Name: ABC Corporation - Vendor Site: Hyderabad - Item Name: LocRM - Quantity: 100 - Rate: 100 - Review the taxes defaulted in Purchase Orders (Localized) window - Add another Tax Line in Purchase Order (Localized window) as “Adhoc

Freight-Normal” - Select a Vendor and Site other than the PO Vendor against the Freight Tax

Code - Save and Approve the Purchase Order - Note the Purchase Order Number

3. Process Receipt against the Purchase Order raised in Previous Step through Receipts (Localized) window. 4. Run “India-Concurrent for 3rd Party Invoices” concurrent Program to generate invoice for third party vendor. 5. Open AP Invoice Workbench and Review the Invoice Generated for Third Party Vendor

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Guided Demonstration - Tracking ST Forms Overview This Demo is to give an overview of ST Form tracking. Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Purchasing, Vision India (Hyderabad) 1. Navigate to Purchase Orders (Localized) window (N) India Localization>Purchase Orders>Purchase Orders (Localized) 2. Raise a Purchase Order with details as mentioned below

- Vendor Name: ABC Corporation - Vendor Site: Hyderabad - Item Name: LocRM - Quantity: 100 - Rate: 100 - Remove the defaulted taxes in Purchase Orders (Localized) window - Attach Tax Code “CST - 2% (Against FORM C)” - Approve the Purchase Order - Note the Purchase Order Number

3. Process Receipt against the Purchase Order raised in Previous Step through Receipts (Localized) window. 4. Match the Purchase Order in Payables. Validate the Invoice and Create Accounting for the Invoice. 5. Run “India-ST Forms Issue Processing Concurrent Program” with following Parameters

- Start Date: Enter a Start Date for the Current Month - End Date: Enter an End Date for the Current Month - Current Operating Unit: Select the Operating Unit from LOV

6. Navigate to Issue ST Form’s window (N) India Localization>Suppliers>Issue ST Forms

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7. Select the Information as - Party Type: Vendor - Party Name: Your Vendor for whom the Invoice was Raised in Previous Step - Party Site: Select the Vendor Site - Form Type: Form ‘C’ - (B) Issue/Receive Forms

8. Enter the details related to Form like Form Number, Form Amount etc in the

Issue/Receive window at the Header Level. 9. (B) Default 10. Save your work. Note: Explain to the students that similarly the form details could be entered for Concessional Forms received from the Customers.

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Guided Demonstration - Inter Org Transfer Overview This Demo is to give an overview of Inter Organization Transfer Assumptions


training or tests instance at your site on which to complete this practice. Tasks Responsibility: Inventory, Vision India (Hyderabad) 1. Navigate to Inter Organization Transfer Localized window (N) India Localization>Transactions>IL Inter Organization Transfer 2. Raise a Purchase Order with details as mentioned below

- Date: Current Date - To Org: IN3-Kolkotta - Type: Direct Org Transfer - (B) Transaction Lines


- Item: LocRM - Subinventory: RMI - To Subinv: RMI - Quantity: 10 - (B) Taxes

4. Enter the Tax Details as Mentioned below:

- Line1: Basic Excise Duty- Precision 0 - Line2: Excise - Education Cess - 2%-Precision 1 - Line3: Excise - Secondary Ed Cess - 1%-Precision 1 - Line4: VAT 12.5%- Precision-0, 1, 2, 3

5. (B) Apply 6. Save the Taxes and Close Tax window 7. Save the Inter Org Transaction 8. Close Inter Org Transaction window 9. Navigate to View Interorg Excise/VAT Details window (N) India Localization>Transactions>View Interorg Excise/VAT Details

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10. Select the Information as - From Organization: IN1-Hyderabad - To Organization: IN3-Kolkotta - From Date: Current Date - To Date: Current Date - (B) Find

11. (N) Tools>View Accounting to review the accounting entries. 12. (N) Tools>View Registers to review the RG register entries. 13. Close the window 14. Change the Organization to IN3-Kolkatta 15. Repeat steps 10 to 13 to review the accounting entries and RG register entries to review the details for Kolkatta.

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Date post:	11-Feb-2016
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