We have great news!  The GST Transactional Reports Framework has been released by the GST team.

The reporting content extracted from this framework shall assist customers in reconciling the GST taxes data and can be used as a supporting data during finalizing GST returns.

The Main objective of this Reporting Framework is to come up with a few important GST Reports (Eg: Total GST Liability or Recovery booked in system) which can be used by business users for conducting their regular operations and to arrive at GST taxes data for given criteria like Registration No. ,Operating Unit , Organization, date range etc…  

For more details, refer to the following MOS Note:

  • DocID 2478819.1  Oracle Financials for India (OFI) GST Transactional Reporting Framework

Below are the list of transactional reports prepared as part of this framework

SNO Report Name Description
1

India – GST Tax Liability Report

 This Report shows the total liability booked in the system for given period (i.e for the transactions related SO delivery , AR Invoice, AR Debit/Credit memo, RCM and Manual transactions)
2

India GST Recovery Details Report

 India OSP GST Challan Report
3 India – GST RCM Pending Liability Report Reports to provide the List of RCM transactions which are booked but No Liability is generated. Having data in this report indicates the India Period end concurrent need to be run for this cases and book the liability for RCM Invoices.
4 India OSP GST Challan Report Report to show the OSP challans , E-way bill details for given set of criteria
5 India BOE Details and Applications Report Report gives complete BOE details i.e BOE Headers , Lines , Taxes , BOE Applications to Receipts, Write Off information for given criteria.