Part1 GST setup in Oracle Apps : GST configuration in Oracle Apps r12

Part1 GST setup in Oracle Apps : GST configuration in Oracle Apps r12

 

First create a new supplier for GST setup in Oracle Application

Create New Supplier ‘GST Supplier’

Supplier Type should be ‘ India Tax Authority’

 

 

Create a New Site Also.

 

 

 

Setup è Calendar è Accounting è Period

Go to India Local Payables è Define Regime

After creating supplier , we need to create First GST regime as below.

Here we will attach the GST supplier created Above and the GST calendar too.

Now we will define GST Tax Types (CGST, SGST, UGST)



Add caption

 

Here we are creating GST tax types(CGST,SGST,UGST) as below.

Select the regime ‘GST’

Tax Type ‘CGST’ . Check the Recoverable Tax check box.

 

Under accounting Tab , Select the Ledger and Operating Unit for which you want to configure the GST setup.

Enter the Interim Recovery & Recovery account.

Enter the Interim Liability & Liability account. There are required for the setup.

 

 

 

Create the Tax types same as above for SGST & UGST.

 

This topic is quite Large so i will post rest of the steps in the second post. We will create GST Tax Rates , GST Tax category and Party registrations part in the Second Post.