3rd Party Registration GST for India in oracle apps

3rd Party Registration

We can define all the relevant attributes of the supplier / customer (e.g. dealer, Service provider, end customer etc…) using this form. Important attributes like GST Registration number, PAN# etc. can be defined using this form.

We have to define all Customer and Supplier here with which organization is doing transaction and indirect taxes are involved in it.

(N) Oracle Financials for India >> Party Registrations >> Define First Party Registration

Define Registration type (if required)

As we are discussing GST here we will use GST number as one of registration. But if GST number is not coming in ‘Registration Name’ filed, then add GST record in ‘JAI_REGISTRATION_TYPES’ Asia lookup (till phase-2 beta patch of GST, Oracle did not seed it we had to define it separately)

Here let’s define supplier as 3rd party

Next fields of 3rd party registration tab:

Assessable price list is deliberately added, it cannot be added later for the same set of Registration details. May be in next versions on GST development Oracle may make Assessable price list field editable.

Optionally you can define Reporting codes