India Localization uptake of E-Business Tax in R12 and the relevance of 'Localization' Tax Code To Generate Tax Accounting (Doc ID 472055.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Financials for India - Version 12.0.0 to 12.0.4 [Release 12]
Oracle E-Business Tax - Version 12.0.0 and later
Oracle Financials for India - Version 12.2.4 to 12.2.4 [Release 12.2]
Oracle Financials for India - Version 12.1.3 to 12.1.3 [Release 12.1]
Information in this document applies to any platform.
Oracle Application - India Localization - Version: 12.0 to 12.0.4
JAINMREQ


Goal

To Educate users to setup 'Localization' Tax in R12 For Oracle Financials for India environment. This 'Localization' tax code needs to be defined and valid for India Localization taxes to flow from Order Management (OM) to Receivables (AR).

Failure in performing the setup results in the 'India - Local Concurrent for Processing Order Lines to AR' to fail with the following error message:

'Localization' Tax not defined or is end-dated. Please ensure that a valid 'Localization' Tax exists and is not enddated

This will also apply after creating a new operating unit and the tax accounting is not being generated, for Indian Localization tax.











Solution

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