Manual AP Invoice Creation and Cancellation with GST

Manual AP Invoice Creation and Cancellation with GST:

Please find the below steps for Manual AP Invoice Creation and Cancellation with GST

Responsibility: India Local Payables

Navigation: Invoices > Entry > Invoices

In Invoice Work bench provide the supplier name, Invoice Date, Invoice Amount and click on lines Tab.

Provide the Amount in the lines and click on Distributions.

In Distributions Screen, provide the Amount, GL Date and Account information.

Save the screen.

Go to Invoice Work bench and click on Tools > India Tax Details.

Select Organization, Location, Tax Category, Intended Use and SAC Code as shown in the above screen.

Save the screen.

Make sure that the tax lines get defaulted in the lines.

Click on Apply and make sure that the Recovery Check box is enabled.

Save.

Come back to the Invoice Workbench screen and make sure that the tax amount get defaulted in the Miscellaneous column.

Save

 Validate and Process Create Accounting.

Accounting Entry

AP Invoice Cancellation:

Process Create Accounting

The following Journal entry will be generated.

Manual Debit Memo:

Responsibility: India Local Payables

Navigation: Oracle Payables > Invoice > Entry > Invoice

Provide the Supplier name, invoice Date, Amount.

Click on Lines tab.

Enter the Amount.

Click on Distributions.

Enter Account code, Amount

Save the screen.

Go to Invoice Work bench and Click on Tools > India Tax Details.

Enter Inventory Org, location, Tax Category, Intended use, SAC Code and save the work.

Make sure that the tax lines got generated.

Click on Apply and save.

Go to Invoice Work bench screen, Validate and process Create Accounting for the Transaction.

Journal Entry: