Financials for India - EBS (MOSC)

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Expense Item(in realtion to manufacturing) are not being tax credited.

edited Jan 3, 2010 4:32PM in Financials for India - EBS (MOSC) 3 commentsAnswered
Hi All

 

When purchasing any material, that is being used in or in relation to production, taxes we pay for It can be credited, so we can decrease payable tax when invoicing. But Oracle states that with Oracle standard functionality, the above rule works for Inventory item but not for Expense Item. Its under ER.

As of now is there any workaround available to handle this case in Oracle FInancials for India.

Thanks & Regards

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