Oracle E-Business Suite (EBS) Implementation

Industry : Ship Management Services

Customer is one of the world's largest third-party ship management firms which provides comprehensive range of ship management services to vessel owner include technical and engineering services, crew training and management, new building supervision, insurance, independent surveys, superintendence, audits and commercial management.

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    Oracle Product and services

    - EBS Financial

  • Receivable
  • Payable
  • Fixed Asset
  • General Ledger

Project: Oracle EBS India Localization Tax – GST & Fixed Assets Implementation and support


Customer has decided to implement Oracle R12.2.6 for their India entity. Golden Five Consulting was engaged to implement India Localization Taxes & Fixed Assets to streamline the business process in Oracle application.

Approach:


GoldenFive has implemented India Localization Taxes and provided solutions for customer’s business specific requirement. Customer has third party invoices including GST,GoldenFive has provided custom solution to process third party invoices in Oracle EBS. Fixed Asset was implemented to maintain assets & depreciation accounting according to corporate policy & statutory requirements. To import Payable Invoice and Receivable Invoice,GoldenFive has developed custom solution for India Localization – End to End Functional Solution with GST Compliant, includes all types of transaction in Payables and Receivables

Results:


The solution allows client to focus on key objectives of the organization, while system provides standard and integrated platform to cater to the need of internal and external customer;

  • 100% India local tax compliant system
  • 40% increase in productivity, by automating bulk invoice import process
  • Accurate reporting and quick turnaround – Management and Statutory reports
  • Oracle BI Publisher

One solution for accounting and automation of internal finance and third-party accounting.

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