Tax Configuration
Discussion List
-
Import External Transactions to the Tax Repository is completed in WarningI created a Tax journal using a spreadsheet. Import External Transactions to the Tax Repository is completed in warning - No Tax Lines are defined and Tax Line Allocatio… -
WHT Threshold Lim 50 Lakhs per party in a year Setup, but system is calculating WHT below thresholdSummary: WHT Threshold Lim 50 Lakhs per party in a year Setup, but system is calculating WHT below threshold also. how to check? Content (please ensure you mask any conf… -
"Tax Allocation Process" returns more than requested periodSummary: When running the "Tax Allocation Process" for a certain month, we noticed that subprocess "Select Transactions for Tax Reporting" does not enter a value for par…
-
VAT on Punchout PO for US LE'sSummary: All of our POs for the US entities are created as Gross by the users since we cannot claim the VAT. However, our Amazon punchout requisitions are created as NET…
-
Bulk Upload of Product Category Fiscal Classification Codes through SpreadsheetSummary: I want to upload approx. 7000 HSN/SAC. Is there any spreadsheet available for Bulk Upload of Product Category Fiscal Classification Codes? If not, What are the …
-
unable to calculate withholding tax for rent paymentSummary: Tax withholding on Rent Payment Scenario: Let's say we have 12 lac annual rent which makes 1 lac per month. But, the practice in Pakistan for calculating the ta…
-
Is it possible to make the VAT ID field mandatory only for specific Business Units in Oracle Fusion?Summary: VAT ID (First Party Tax Registration Number) field is currently made mandatory for all BUs. However, current list of countries that are in Fusion, there are inv…
-
Retainage Release Invoice – Incorrect Tax Inclusive ComputationWe are encountering an issue with retainage release invoices. Based on the attached screenshot, when the retainage release is entered as tax inclusive, system is adding … -
Tax Only Invoice - RecoverableThe tax determination process applies the tax rate on a taxable basis. The default taxable basis formula assigned to the tax is used for tax calculation. This is usually… -
Why has the seeded Economic Region, 'European Economic Community' been end-dated?Summary:The seeded economic region, 'European Economic Community' has been end-dated. Content (required): The end-date cannot be removed. Country values cannot be edited…
-
Tax zone configuration not working as expectedHello we are trying to define Northern Ireland as a new tax zone and define a tax rule so that whenever the ship to location has the Northern Ireland address the rate pi…
-
co-existence of 2 tax solution prividers for OeBSSummary: is there an option in OeBS R12.2 to configure one LE to use standard ebTAX configuration, but have separate/new LE to leverage 3rd party Tax provider (like Vert… -
With Holding Tax Not getting calculatedSummary: With Holding Tax is not Getting Calculated Content (please ensure you mask any confidential information): Define New with Holding tax setup for new BU but WHT i…
-
Where can the Point Of Acceptance or Point of Order Origin (POA and POO) be found in AR TransactionsSummary: In the factor sets, under Geography, there are tax qualifiers of 'Point of acceptance' (POA) and 'Point of origin' (POO). I see tax vendors e.g. Avalara use fie…
-
US Tax - [ Oracle Fusion Only ] vs [ Vertex(3rd Party) + Oracle Fusion Tax combination ]Summary: US Tax - [ Oracle Fusion Only ] vs [ Vertex(3rd Party) + Oracle Fusion Tax combination ] Content (please ensure you mask any confidential information): I’m call…
-
Incorrect withholding tax calculation in AP InvoiceSummary: Hi, I have configured the withholding tax setup in Oracle Fusion, and withholding tax should be calculated on the total invoice amount which is 11,000. However,…
-
Tax issue on Receivable InvoiceOur client has a requirement to enable both Oracle Tax and Vertex for Receivable Transactions. So, we have implemented the Vertex for US based customers and it is workin…
-
Enable Sweep Process works in Tax Registration pageSummary: As per oracle note on Tax Reporting process Enable Sweep Process -> If you have already reported to tax authority for the current period, you may want to report…
-
How to configure Netherlands(NL) & Poland(PL) taxes & tax codes for UK BUwe have a client requirement to have Netherlands(NL) & Poland(PL) taxes & tax codes for UK BU, as they ship goods from Netherlands warehouse & Poland warehouses, is ther…
-
What happens to External Tax Transactions after import?Summary: What happens to External Tax Transactions after import? Content (please ensure you mask any confidential information): In the import file for taxable journals, …
-
Norway SAFT parent account config question 4 digit ParentSummary: Norway SAFT parent account config question. We would like to use the 4 digit Norway Account. We have our current Natural Account structure 7 digit GL account as… -
Where can I find the Address Validation Method for US Payroll Tax Engine?Summary: In the US OPTE Transition Plan, We have to set the Address Validation Method in the Features by Country or Territory to either Full address verification service…
-
How to Enable US Payroll Tax Engine?Summary: I am trying to upgrade to the new US Payroll Tax Engine. What are the steps to enable it? Can you please provide the documentation and links to enable it? Thank…
-
we have tax requirement for Australia, Not reportable tax is used for overseas suppliesSummary:The purchase for the imported goods The overseas Supplier has been selected as they are being paid for the imported goods. The N-T (Not Reportable) tax code is u…
-
Need to account the Non Recoverable Tax potion to a separate accountHi, Currently, the tax "VAT" is setup as a recoverable tax in our instance. We have 2 business units (A & B). For A, the tax recoverable percentage is 49% and the non re…
-
How to avoid Override "US_ZONE_TYPE_RI" value on Jurisdiction>>Geography type when we load using RISummary RI Spreadsheet defaults "US_ZONE_TYPE_RI" value on Jurisdiction>>Geography type for CITY taxes, as result of this CITY tax were not being calculated.Content RI S… -
Tax CompoundingSummary: Content (please ensure you mask any confidential information): Hi, I have created 2 taxes. Tax 1 (10%) and 2 (4%). Both taxes are applicable by default. My requ…
-
Unable to View Tax Inclusive Checkbox at Line Level on AP InvoiceSummary: Hello, We are currently unable to see the Tax Inclusive checkbox at the line level on an AP invoice. We are aware that this checkbox is available in the Taxes t…
-
SALES Taxes appear on Payables side of Intercompany trxSummary: When Intercompany/Interproject Billing transactions are created and transferred to AR and then to AP, there is unexpected behavior arise - Taxes applied on AR s…
-
Why Tax Expense account is not being used during Receipt Accounting?Summary: Why Tax Expense account is not being used during Receipt Accounting? Content (please ensure you mask any confidential information): We have a Tax Rate Code that…