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Self Assessment Tax- Invoice for Tax Authority

edited Jul 15, 2020 11:34PM in Payables, Payments & Cash Management 5 comments

Summary

How to create AP Invoice for the Tax Authority where self assessment is done

Content

Hello,

We are trying to set up the Self Assessment Tax feature in AP. The tax lines are getting created correctly by crediting the Tax Liability Account(instead of the AP Liability Account). However, my question concerns the creation of the invoice for the Tax Authority(against which the Payment needs to be made). How is this done and if Oracle provides a mechanism for this process(or any suggested workarounds).

Thanks.

Thomas

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