Indian Localization Tax setup

Hi,
I want to setup the Indian localization Tax for Receivables and Payables. Can anyone let me know the procedure for the same. We have to implement on R12.
Burhan

Please see (What Patches Are Required For Indian Localization In Release 12 [ID 736825.1]).
Also, see the docs referenced in these threads.
india product localization
Re: india product localization
localization patch
localization patch
Indian localisation patch
Re: Indian localisation patch
Thanks,
Hussein

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Statutory Compliances (Indian Localization)

Hi All,
I've some doubts regarding the Statutory Compliances (Indian Localization) in SBO and I want to share with all you. Anyone who can plz help me.
Service Tax
·         Is tracking invoice wise details and automatically calculating service tax payable and input credit with the provision of later adjustments possible ?
·         Does SAP B1 has predefined service tax categories with rates ?
·         is adjustment of input credit towards service tax payable possible ?
·         Is generation of reports in govt. prescribed formats possible (TR6 Challan, Input Credit Form, ST3 Report and ST3-A report) possible ?
TDS
·         Does it have configurable TDS ledgers with options to specify the nature of payment and assessee type along with the rate of TDS ?
·         Is accounting for tax on partial/full payment of bills there ?
·         can we track each transaction from deduction to payment ?
·         does it have reports like Form 16A, TDS Challan, TDS computation and TDS payable ?
·         does it generate e-TDS in NSDL compliant format ?
Excise for Traders
·         Excise Invoice ?
·         Tracking of excise duty from time of purchase to sales and ability to pass on excise duty
·         generation of quarterly returns in Form-2
·         Maintaining of Excise stock register RG 23D
How is Excise for Manufacturer FBT, TCS & CST supported.
Thanx in adv.
Sibasish

Hi
Check the following links:
[https://websmp101.sap-ag.de/~sapidb/011000358700006412562006E.pdf]
[https://websmp101.sap-ag.de/~sapidb/011000358700006412602006E.wrf]
[https://websmp101.sap-ag.de/~sapidb/011000358700005260902006E.pdf]
[https://websmp101.sap-ag.de/~sapidb/011000358700005245982006E.wrf]
All the above links require an SUser ID.

Indian Income Tax Depreciation Calculation

Hi
Can any of you please explain/tell me where are the exact SAP configuration settings for the calculation of depreciation calculation as per Indian Income Tax Act by meeting below requirements as per Section 32 of Indian Income Tax Act:
1. If the Asset is being purchased and used in a Financial Year for 180 Days or below 180 Days - Depreciation has to be calculated 50% of Annual Depreciation.
2.If the Asset is being purchased and used in a Financial Year for more than 180 Days - Depreciation has to be calculated 100% of Annual Depreciation.
Waiting for your valuable reply.
Thanks and Regards
P.V.S.R.Gupta

But if I follow your suggestion of taking Period Control Method 04, it would calculate 1/2 Year Depreciaton only
No. If the asset is in use for >180 days, then it's acquisition date must therefore occur in periods 1-6 which will set the depreciation start date to the beginning of the year. This will result in a full year's worth of depreciation.
If the asset is in use for <180 days then the start date is set to mid year which results in only 6 months worth of depreciation to be posted.
All of this can be adjusted per your FYV and on a yearly basis if the FYV is year dependent in the asset period control calendar assignments table.
I'll be the first to admit that I don't know the statutory requirements of India but I know how FI-AA works and can't think of an alternative solution for you.
-nathan

SMS Functionality in Indian Localization in SAP B1 8.8

Hi Friends,
Does SAP B1 8.8 supports SMS Functionality in Indian Localization?

Hi all,
I wanted to send some vendor data from SAP to a group of vendors through SMS to their mobile phones.
How can this be possible??
Thank you in advance.
Best regards
Dharmendra kumar

Indian Localization cumulative patchset

Need indian localization cumulative patchset (patch number) for 12.1.3?

Please see (What Patches Are Required For Indian Localization In Release 12 [ID 736825.1]).
Also, see the docs referenced in these threads.
india product localization
Re: india product localization
localization patch
localization patch
Indian localisation patch
Re: Indian localisation patch
Thanks,
Hussein

Multi level Tax setup

Hi,
Can any one tell how to handle the tax setup mentioned below in sales doc
A      = QTY * Rate
B      = PACKING CHARGES
C      = OTHER CHARGES
D      = (A + B + C ) *10 %     >>>(EXCISE DUTY @ 10%)
E      = (D * 2%)             >>>(ECess @ 2% ON EXCISE DUTY)
F      = (D * 1%)          >>>(HECess @1% ON EXCISE DUTY)
G      = Transportation charges
H      = ((ABCDEFG) * 3%)      >>>(OCTROI @ 3%)
I        = (H*1%)          >>>(OCTROI SERVICE TAX @ 1%     ON OCTROI CHARGES)
J       = ((A TO I)*4%)             >>>(VAT@ 4%)
K      = (A TO J) * 0.092%     >>>(INSURANCE    @ 0.092%)
swapnil

Solved

How to add india localization tax category name in PO interface

Hi All,
I created a PO , without Tax it is working fine i would like to add india localization tax category in that
(Purchase Order Interface), as i checked in PO_lines_all table there is no india localization tax category id, so, if there is any way to add tax category name please tel me the mapping columns and interface table names
regards,
sandy.

Hi Sandy;
What is EBS version?
Please see:
http://download.oracle.com/docs/cd/E18727_01/doc.121/e13657/T477739T502738.htm
Hope it helps
Regard
Helios

VAT and Withholding tax setup for Philippine

Hi ,
Anyone is familiar with the VAT and Withholding tax setup for Philippine.
What is the VAT and WHT config in order to fuilfil the following example.
Appreciate if someone is able to provide me some help on this. Thank you.
Invoice Amount of P 1,120.00 gross of VAT
Services Sales to Private
ENTRY TO RECORD REVENUE          Debit     Credit
Accounts Receivable                                1,120.00
     Vat Consultancy Set-Up                               120.00
     Revenue                                                 1,000.00
ENTRY UPON COLLECTION
Cash in Bank                                                  1,100.00
Taxes Payable - BIR ITR                                 20.00
Vat Consultancy Set-up                               120.00
     VAT Consultancy Payable                               120.00
     Accounts Receivable                            1,120.00

Additional Information
Value Added Tax Reporting:
Advance Return for Tax on Sales/Purchases (VAT Reporting)
Use
In the Philippines, companies are required to submit Bureau of Internal Revenue (BIR) forms 2550M for the monthly (value-added tax) report and 2550Q for the quarterly VAT report. However, these forms also include information not provided by the SAP System, such as advance payments. Using the Advance Return for Tax on Sales and Purchases report, you can print the relevant VAT data and enter it in forms 2550M and 2550Q.
Integration
The report is based on the SAP List Viewer (ALV), which enables you to define your own display variants, according to the BIR requirements listed below.
Activities
To access the report, from the SAP Easy Access screen, choose Accounting --> Financial Accounting --> General Ledger --> Reporting --> Tax Reports --> General --> Advance Return for Tax on Sales/Purchases --> Advance Return for Tax on Sales/Purchases.
You need to make the following settings, in addition to your specific selection criteria:
Under                         Set the following indicator(s)
Output control                         Read address data
Output lists                         Output tax: Line items
                                            Input tax: Line items
You need to define your SAP List Viewer display variant to include the following data on the VAT report, as required by the BIR:
u2022     Reporting company's name and TIN
u2022     Vendor or customer name
u2022     Vendor or customer TIN
u2022     Vendor or customer address
u2022     Document date
u2022     Document number
u2022     Reference number
u2022     Invoice amount
u2022     VAT amount
Withholding tax reports
Generic Withholding Tax Reporting
Use
You use the Generic Withholding Tax Reporting tool to generate withholding tax data for withholding tax reports submitted to the Philippine Bureau of Internal Revenue (BIR) and vendor certificates, as follows:
u2022     BIR form 1601 u2013 Monthly Remittance Return of Income Taxes Withheld
u2022     BIR form 2307 u2013 Certificate of Creditable Tax Withheld at Source
u2022     BIR form 1604 u2013 Annual Information Return of Income Tax Withheld on Compensation, Expanded and Final Withholding Taxes
Features
SAP delivers standard report variants and Smart Forms for each of the reports and the certificate, which are listed below.
SAP also provides a display variant for the output lists, 1SAP, which you can specify under Output control and lists in the Display variant column.
BIR 1601
SAP provides withholding tax data for page 3 of the form. The form comprises three sections u2013 expanded withholding tax, final tax based on the regular rate, and final tax based on treaty rates. Within each of these sections, the data is summarized according to the nature of the income payment (ATC code). For more information, see Withholding Tax Code.
The predefined report variant for BIR 1601 is SAP&PH_1601, and the Smart Form is IDWTCERT_PH_1601.
BIR 2307
The predefined report variant for BIR 2307 is SAP&PH_2307, and the Smart Form is IDWTCERT_PH_2307.
BIR 1604
You use BIR form 1604 to report expanded and final withholding tax for all nonemployee transactions.
SAP provides the three required sections of form 1604: alphalists 3, 4 and 5 (schedules):
Section of BIR 1604 -DESCRIPTION - Predefined report variant - Smart Form
Alphalist 3     Payables subject to expanded withholding tax     SAP&PH_1604-3     IDWTCERT_PH_1604_SCHEDULE3
Alphalist 4     Payees subject to final withholding tax     SAP&PH_1604-4     IDWTCERT_PH_1604_SCHEDULE4
Alphalist 5     Other payees whose income payments are exempt from withholding tax issued but subject to income tax     SAP&PH_1604_5     IDWTCERT_PH_1604_SCHEDULE5
Prerequisites
For each withholding tax report, note the required Customizing settings for the corresponding output group.
Activities
To access the report, from the SAP Easy Access screen, choose Accounting --> Financial Accounting -->Accounts Receivable --> Withholding Tax --> Generic Withholding Tax Reporting.
The Generic Withholding Tax Report has several options for reporting.
The report can be run without the Output Group field populated, or it can be run with one of the PH1 to PH5 options as it relates to the reporting forms/requirements
Hope this piece of information is helpful to you.

What is the correct A/C all mapped in Withholding Tax -setup Window ?

Sir,
I want to know the A/C of all Withholding Tax which are mapped in the Withholding Tax - setup Window.
Can u tell me the all correct A/C which r mapped in Withholding Tax window.
I know that A/P and A/R TDS A/C and all further in the table setup are shown but i don't know the correct A/C
mapped to do any Purchase and Sales Process ,which A/c is hit on that Marketing Document.
Plz tell me .....................!
Edited by: jyotasna on May 26, 2011 7:00 AM

hai,
You must create some ledgers as per requirements for mapping your TDS,
TDS - Payable Professional Charges
TDS - Payable Contractors
TDS - Payable rent etc, for AP TDS,AP Surcharge,AP Cess
TDS - Receivable for AR TDS,AR Surcharge,AR Cess
for each ledgers there are 4 varieties Invoice company,Invoice Others,Payment Company,Payment Others
Regards
Janeesh

Tax setup

Dear Experts,
I want to set business partner wise tax setup how will set business partner-wise tax.
Regards
Bharat.

Dear Bharat
Yes you can set Tax code BP wise.
Path : Admin setup > Dear All, Financial > Tax > Tax determination
Regards
MANGESH PAGDHARE

"How are local and state taxes setup/updated when employee's address change

Hi All
I wanted to know "How are local and state taxes setup/updated when employee's address changes . - How is it done in SAP? -
Thanks in Advance

This defeats the purpose of trying to centralize SAP-related web resources on the SAP server. Typically IIS/Apache or other non-SAP servers are under the control of IT and not the SAP BASIS group.
We simply would like to have a centralized location to store static web files so that they are not overwritten during Portal support pack applications.

Tax Setup for a Org in Oracle

Good morning all,
Tax setup is driving me mad. Could you please have someone analyze how tax is calculated for an Organization in Oracle?
Correct me if I'm wrong. tax is calculated based on items.(item setup)
Frames= EXEMPT
glasses=(blank so it picks up TAX CODE set in customer standard)
We charge Sales Tax to orders according to State Tax Sales Tax application rule for the following States/Country:
Canada = taxed glasses only USES TAX CODE CN1
California= taxed glasses only USES TAX CODE CA2
OK= taxed frames and glasses (Customers in OK has LOCATION TAX CODE)
MO=frames and glasses TAX CODE MO
NV=frames and glasses TAX CODE LV
WHAT WORKS: (opposite of what is set in item setup)
CANADA=CN1 tax on glasses
CALIFORNIA= CA2 tax on glasses
- locate where rule was set...is it item exemption?
Thanks,
Prakash

Hi
You are right, we are calculating tax for frames in some states by customer.
Here is my analysis
If we apply tax exemptions to item, then it will applicable to all customers .
So in our case we have to apply tax exemptions to customer then the tax will applicable to that particular users.
Please correct me.

A/R Invoice and Tax Setup

Whenever i am creating a new invoice its throwing error - "The value for the attribute Rate is not available". Although the the rate for tax code VAT 4 or VAT 12 is available and being displayed in the tax code selection box.

which country localization are you using? India? is Excisable tax code or service tax code invovled? did you maintain the rates for these tax codes in Tax Engine?
HIH,
Chris

US: Tax-setup of Sales and Use Tax in a company located in Michigan, US

Dear all!
Below it's described how the A/P-taxes have to be handeld in our company in Michigan, US. We want to use a very simple TAXUS-setup (No Jurisdiction). Actually we have problem in setting up the tax-scheme of TAXUS with the following cases:
In the US, there are four situations for our Sales/Use Tax. All four are for A/P only. All four are related to the State of Michigan. The applicable tax rate is either 0% (exempt from tax) or 6% (taxable).
The first two involve invoices that are correct from the vendor and nothing special needs to be done. The
payment is made to the vendor and the full amount of the invoice is booked to the expense account (i.e. 123456 Telephone).
1. The vendor DOES NOT charge sales tax on items that are EXEMPT from sales tax.
2. The vendor DOES charge sales tax on items that are TAXABLE.
The second two situations involve invoices that are incorrect from the vendor and our company must account for the sales/use tax.
3. The vendor DOES NOT charge sales tax on items that are TAXABLE. Our company must accrue for the tax due to the State of Michigan and pay it at the end of the period.
4. The vendor DOES charge sales tax on items that are EXEMPT from sales tax. Our company must either deduct the sales tax on the invoice from the payment and reduce the amount paid to the vendor OR pay the invoice in full and book the overpayment of tax against the accruals from item #3.
Especially case #3 is actually the biggest challenge to be setup in the system in order to get the amounts correctly calculated. To our opinion the SAP has to create an additional tax-line item.
Thanks a lot for a helpful answer or solution!
Regards,
Bernd

Hi Bernd,
Did you get a solution for your query? If so, can you please share that? I have the same scenario for Geismar, Louisiana.
Please let me know how did you configure the Accrued tax. Really appreciate your response.
Thanks, Reji.

Withholding Tax Setup

Dears,
Is there any setup or option to activate withholding tax on oracle Purchasing for Purchase Requisition and purchase Order?
If yes, please advise.
regards,

hello guys,
any more ideas
thanks in advanced

Indian Localization Tax setup

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