Oracle Financials for India (OFI)

EBS GST Transitional Provisions

Creation Date: 01-June-2017

Last Updated: 01-June-2017
Document Ref:
Version: 1.0

Organization: Oracle India Private Limited.

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Document Control

Change Record

Date Author Version Change Reference

Somdeep
01-June- Talapatra 1.0 Initial document
2017

Reviewers

Name Position
Rajnish Kumar Director, Tax Development
V S Baburaj Director, Product Strategy

Audience

Name Position

R12 Implementation team

R12 Customers

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 Table of Contents

Contents

Introduction ...................................................................................................................................................... 4

Scope................................................................................................................................................................. 4

1. GST Transitional Patch .............................................................................................................................. 5

1.1 India Prior GST Open Transactions Report: ............................................................................................ 5

2. When to Apply GST Enablement Patch......................................................................................................... 5

2.1 Prerequisite Patches: .............................................................................................................................. 6

3. Behavior of historical transactions under GST after applying GST enablement Patch:.............................. 6

3.1 Prerequisite:............................................................................................................................................ 6

4. Scope of Future RUPs: .................................................................................................................................. 6

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Introduction
This document describes about GST Transitional Patch.
It will clarify what are the actions required to be performed by end users after applying the GST
Transitional patch

Scope
As Indirect taxes (GST) will be a part of New GST solution, all the existing setup and transactional flows
will undergo a change according to the NEW GST solution Setups and Transaction flows.
As part of our endeavor to minimize the business interruptions, the configuration and transactional
migration to new architecture will be handled by Oracle GST solution. The existing configuration and
transactions will be migrated from current India Localization system to GST system. There is no
manual intervention required for the same. The migration flow is being described in this document.

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 1. GST Transitional Patch
GST Transitional Patch contains the TDS Migration files and
“India Prior GST Open Transactions Report”.

1.1 India Prior GST Open Transactions Report:

This concurrent will list out all the open transactions happened prior to GST:
a) Hanging transactions from Receiving and Shipment perspective
b) Receiving transactions with no matched AP invoice.
c) Shipment transactions with no matched AR Invoice.

Note: GST transitional patch will not migrate any Tax information on the Transactions happened
prior to GST Appointed date.

2. When to Apply GST Enablement Patch

1. User has to run “India Prior GST Open Transactions Report” and ensure that there shall not
be any open transactions listed in the report.

Recommendations for verifying/closing the open transactions:

a. User has to run “India Prior GST Open Transactions Report” and ensure that there shall
not be any open transactions listed in the report.
b. No hanging transactions from Receiving and Shipment perspective
Examples:
i) Receipt with Standard receipt routing has to be Received and Delivered.
Ensure to Complete the Receiving flow.
ii) Order Booked ,pick released but not shipped
Ensure to ship the order before applying the Enablement patch .

c. All Existing Receiving Transactions should be matched with AP Invoice and accounted.
d. All the open shipments should be matched to AR Invoices.
e. Ensure to take the Modvat Claim and perform the settlement
f. Service tax processing has to be run and verify all the service tax related transactions are
updated to the repository and accounted correctly.

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2.1 Prerequisite Patches:

India GST Functional Patch

3. Behavior of historical transactions under GST after applying GST

enablement Patch:

1) Able to view the historical transaction details in the UI’s of existing OFI solution.
2) Closed historical transaction data will not be migrated to the new GST data model
3) Any revision/Reapproval to the open PO will redetermine the taxes under GST
4) Receipt created for the historical PO will redetermine the tax under GST based on the Tax
invoice date.
5) If the tax invoice date is prior to GST rollout date(i.e Intransit Receipt scenarios),then there will
not be any taxes on the receipt being created.
User has to attach the taxes manually.
6) Shipments for the historic Sales orders will redetermine the tax under GST based on the
shipment date.
If no taxes defaulted ,user has to attach the taxes manually.

3.1 Prerequisite:

Configure the existing taxes (Excise/VAT/Service) in the new GST Configuration setup UI’s.

4. Scope of Future RUPs:

a) Historical transactions for PO Encumbrance handling and avoid accounting imbalance

b) Historical Bill of Entry not applied /partially to Receipts
c) Enhancement to Manual Entry UI to handle manual upload provisions for Liability/Recovery
settlement

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