Tax Configuration
Discussion List
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One Stop Shop for VAT in EuropeWhether oracle has plans to implement OSS in Oracle in future? -
Party Tax Profile - Rounding Option Currency "NULL" List of Value is not in the listSummary: When creating Party Tax Profile – Business Unit Under Rounding Options – Tax Currency Initially this value is NULL however, one you select any currency you can’…C Lachica-Oracle 11 views 1 comment 0 points Most recent by Rama Mohan - Support-Oracle Tax & Global
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From where to add new values in Tax Registration Type LOV while creating Tax registrationSummary: Where to add new values in Tax Registration Type LOV while creating Tax registration Content (please ensure you mask any confidential information): Version (inc…
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How to setup a tax rule for I/C transaction with Zero Tax RateSummary: How to setup a tax rule for I/C transaction with Zero Tax Rate Content (required): Hello I was wondering if you can share with me how to setup a tax rule for I/…
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Requirement to configure Non recoverable tax only for one Legal EntitySummary: Hi All, We have the current tax configuration to calculate taxes in a non recoverable way. However, there is a requirement that for a particular legal entity ta…
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How do you disable Tax Rate Override in Invoice creation?Business wants to disable the Tax Rate Override drop-down in Invoice level to avoid risk of changing the default tax. Default tax rate was assigned at the Supplier level…
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tax is not calculated automaticallySummary: tax is not calculated automatically, only manually Content (required): I can see the taxes, both in the simulation and in the invoice, but not to apply them AUT…
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Reclass to Output VAT when customer paidFusion Cloud Tax To leverage the feature for deferred output tax in AR How to ensure that the tax amount is parked under undue A/c as Deferred Output Tax in AR and recla…
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No tax Calculated on the basis of Province.I hope you are doing great, I am facing an issue regarding the Province tax setup which is calculated only on FBR transactions but not in other provinces on PO. I have c…
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Fusion 23D: Receivables REST API IssueSummary: Oracle is creating a duplicate tax line while creating AR transaction using REST API. In the input payload we are sending Tax Line information and Avalara Tax P…
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WHT is not automatically calculated for CITY-specific Tax RateCould you help me check what's wrong/missing in the configuration? Business requires set-up of ISS tax for the following cities: Barueri Sao Paulo Current Set-up: Regime…
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Where is TAX_METHOD in AR_SYSTEM_PARAMETERS_ALL populated from?Summary: Hi, Where is Tax_Method in AR_SYSTEM_PARAMETERS_ALL populated from. When we are querying for tax method from AR_SYSTEM_PARAMETERS_ALL the values in the tax meth…
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How to export to excel Tax Rules including Tax Condition and Tax Determining Factor ClassSummary: How to export to excel Tax Rules including Tax Condition and Tax Determining Factor Class Content (please ensure you mask any confidential information): Version…
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Reduce RateI need the following: Reduce Rate Scenario: Taxable Basis = Line Amount x (Rate x Reduced Rate Percentage) Example: Line Amount = 10000 Rate = 5% Reduced Rate Percentage…
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where to add new Fiscal Classification CodesSummary: where to add new Fiscal Classification Codes. request to share navigation Content (please ensure you mask any confidential information): We need to add new valu…
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How to default WHT from Item Category?We have got a requirement from client to have WHT auto-defaulting to AP invoice from Item Category. Is there any possibility to fulfill this requirement on Oracle Cloud?…
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Tax rule using COA hierarchySummary How to use new parent value for natural account segment in tax ruleContent I need to write a tax rule based on COA natural account values. There are many natural…Tarun Kandwal 64 views 2 comments 0 points Most recent by Korrapati Chakradhar Reddy -Oracle Tax & Global -
tax liability account default from AR transactionSummary: Tax Liability Account is defaulting from Manage Taxes instead of Tax Rates and Recovery Rates Content (please ensure you mask any confidential information): Hel…
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How to set inclusive tax on Payables and Exclusive on Purchasing?Summary: Requirement whereby tax needs to be setup as Inclusive for Account Payables and Exclusive for Purchasing. We also use Period end Accrual. Is it possible to set …User_2025-03-07-18-56-47-860 12 views 1 comment 0 points Most recent by Daniela Petria-Oracle Tax & Global
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Will Accounting impact changed when intended use changes from Recoverable tax to Non-Recoverable taxWill Accounting impact changed when intended use changes from Recoverable tax to Non-Recoverable tax
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PO matched invoices after VAT changeSummary: What is the best practice when handling PO matched invoices after VAT rate change? Content (please ensure you mask any confidential information): Example 2023 V… -
UAE TAXSummary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
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Is it Mandatory to create configure owner tax option and application tax option fusion taxSummary: Just wanted an understanding whether it is Mandatory to create configure owner tax option and application tax option fusion tax Content (please ensure you mask …Soundariya Kumar 11 11 views 2 comments 0 points Most recent by Rama Mohan - Support-Oracle Tax & Global
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Tax Configuration Content UploadSummary: After uploading the Vertex MDU file to load the Tax Configuration Content into Oracle, the Taxes are created but with Tax Applicability option as Not Applicable… -
Purpose and LOV of Default Recovery Rate Code field in Tax Rate setupSummary: We would like to verify the purpose of "Default Recovery Rate Code" and "Rule Code of Recovery Rate" in Tax Rate setup Main Details tab. We also like to confirm…
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How to use old tax percent(5%) and new tax percent(6.1%) of same tax rate in invoiceSummary: How to use old tax percent(5%) and new tax percent(6.1%) of same tax rate in invoice Content (please ensure you mask any confidential information): We have a ta…
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Tax Calculation in PO based on Item category,Supplier Registration status & GeographyBusiness requirements is PO Tax needs to be calculated based on Item Category, Supplier Tax Registration Status & Geography. Configured all the Tax setups but no tax cal…
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How do set up Tax rules on Supplier Type base?Hi Team, We have a requirement that is few Specific suppliers if an invoice received with more than 1Lakh amount should get Separate Tax code if it is less than 1Lakh In…
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Collecting Tax Authority and Site is emptySummary: Unable to add Collecting Tax Authority and CTA Site. No data in drop-down list. Supplier with Tax Authority Supplier type is already created With Site and Site …
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Transaction generic classification - Transaction type means AR Transaction type or Sales order typeSummary: Tax Determination Factor: Transaction generic classification - Transaction type : means AR Transaction type or Sales order type ? We need to have tax determinat…