Tax Configuration
Discussion List
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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… -
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 69 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 26 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 17 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…
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Can we write Tax Rules based on Sales Order Type ?Summary: We know that we can write tax rules based on AR transaction type. We want to understand if we can write rules using Sales Order Type . We have many sales order …
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How to load US Geographies information in CloudSummary: How to Load US Geographies into cloud Instance. From where we can get the File to load the data into oracle cloud. Content (please ensure you mask any confident…
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How can configured diferent tax under same legal entity different busne unitSummary: We have a customer with one Legal Entity but 6 different business units 4 BU using recovery tax at 100% with 11 tax rate percentage 1 BU using recovery tax 0% w… -
NOTE:1347993.1 - How To Use Fusion Tax Simulator is missing, is there any alternative note for this?Summary: 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 Tax Collected at Source functionality available in Fusion Cloud on the Receivables side?Summary: Is Tax Collected at Source functionality available in Fusion Cloud on the Receivables side? Content (required): Is Tax Collected at Source functionality availab…
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Use of Enable Final Data Validation and Enable Sweep Process in Manage Tax Registration TaskSummary: Hello Team In Manage Tax Registrations Task Oracle has provided an Option to sweep the Process. If anyone has worked on this can you please share what is the us…
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I am unable to see vertex tax rate in invoice level however we have deployed the rate successfully.Summary: Content (required): Version (include the version you are using, if applicable): Code Snippet (add any code snippets that support your topic, if applicable):
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Has anyone setup partial exemption UK vat reporting from Fusion?Summary Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): 23D Code Snippet (add any code snippet…
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Undo Finalization of Tax Calendar PeriodSummary: Undo Finalization of Tax Calendar Period Content (please ensure you mask any confidential information): Hi - I have an urgent issue where some VAT periods have …
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22D - Can we have multiple Bill From addresses for the same Legal entity for AR Tax CalculationSummary: Business Scenario We are looking for Tax Regime Determination using Default tax regime determination set – TAXREGIME and applicability based on Place of supply …
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How to not self assess tax for foreign supplier invoices?Summary: We do not want to self assess VAT tax when a foreign supplier provides services in Mexico. We have a Tax Registration Rule setup for this scenario with a result…