Oracle Financials for India – GST India Regime to Rate Flow

Regime to Rate Flow is a Setup Procedure in Oracle E Business Suite as a Part of Tax Configuration.

We will Define Regime till Tax Rate and Associated Various Other Entities such as Taxes, Tax Authorities, Rules Etc.,

One Tax can only be Governed By one Tax Authority, But on Tax Authority can Govern one or More Taxes.

Oracle India GST Solution has below Mentioned Setups to be done for Regime to Rate Flow.

1.Define Regime
2.Define Tax Type
3.Define Tax Status
4.Define Tax Rate
5.Define Tax Category
6.Define Item Classification
7.Define Tax Rules

We will See The Above Mentioned Setups One By One in Upcoming Posts.

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