India Local Fixed Assets
We have a requirement to enable India Localization for Fixed Assets implementation at our client. This is required to facilitate tax reporting for assets in India as per Indian Tax Laws. We know that in R12, India Fixed Assets is now a part of globalization and is available without applying any localization patch. We would like to confirm this understanding and the following:
* Confirm if licence manager is required to enable India Localization for Fixed Assets.
* India entity does not have any other subledgers on Oracle R12. These are offline. Oracle Assets will be the first to be implemented besides General Ledger. Given that, will enabling India localization force the client to use localization for Payables and Receivables in the future?