Does Oracle Fusion Cloud have any standard report/Localization for FTA VAT Audit File, (FAF)
Hi Experts,
The United Arab Emirates tax authority, Federal Tax Authority (FTA), audits businesses at its discretion to ensure accurate and timely tax declarations. As part of the audit process, business are required to provide accounting information to validate their submitted tax declarations.
We have a requirement to produce the FTA VAT Audit File, also known as FAF specified by the FTA from Oracle Fusion.
I scoured the Internet, i found hits in NetSuite but could not find any documentation to support this requirement in Fusion.
Can anyone share if this can be made available via localizations or if there are any other reports available which can help in fulfilling this requirement