Data setup

The list of financial parameters for India localization is maintained in this session.

The list of logistic parameters for India localization is maintained in this session.

The Indian indirect taxes are classified as either Central GST or State GST. The tax classification is required for reporting which must be retrieved when processing the respective transactions.

To support the tax reporting of localization specific data (GSTR 1 and GSTR 2), indirect tax types must be maintained against a tax code.

This session is used to define the indirect tax codes that are specific to India localization to map the type of indirect tax to one of the indirect tax types.

If the indirect tax code is not defined in this session, Infor LN sets the indirect type as Not Applicable.

To support the reporting requirements (GSTR1 and GSTR 2 and so on), states must be represented in the corresponding GST state codes. The list of numeric GST codes for the states/ union territories must be maintained in this session.

To report all the outward supplies as GST Annexure 1, each transaction must be associated with a transaction identifier which can be used for reporting.

The list of nil rated tax codes can be maintained in this session. During GST reporting, tax code of each transaction is verified whether the tax code is defined in this session.

The units of measure used by an individual taxpayer can be different based on the requirement.

For example, if a taxpayer uses Kgs as the unit of measure and another taxpayer uses Kilos as the unit of measure, to denote Kilograms. So, a standardized format must be defined for every unit of measure to ensure that the correct unit code is reported.

This session can be used to maintain a standardized format/terminology for units of measure and unit code descriptions each unit code. During GST reporting, unit code of each transaction is checked, and the proper GST Unit Quantity Code is reported.

For each outgoing transaction in Infor LN, a reason code must be specified. When shipping the goods, the reason for moving the goods must be specified.

This session is used to maintain the reason codes for the movement of goods that are used for GST reporting.

When sending the goods out (shipping) or receiving the goods (receiving) in Infor LN, a reason must be specified. During GST reporting, a reason for returning the goods must be associated with an appropriate GST Reason Type.

This session can be used to maintain the GST reason types against each reason code.

The End Use is a customs procedure where the goods defined for free circulation are associated with a favorable tariff treatment at a reduced or zero rate of duty on the condition that they must be used for the prescribed use.

This session can be used to maintain the list of end use codes that indicate the end use of the shipped item.

This session is used to define the number group and series for various document types at company level or identification number level based on the scenario.

When goods that are being transferred to a subcontractor warehouse or work center require a challan, the corresponding record must be maintained in this session with the Challan Required check box selected. During transfers, if the Challan Required check box selected, the process of completing the challan is mandatory.