Tax Calculation
Discussion List
-
Tax Amount got calculated but not the accountingSummary: Tax Amount got calculated but not the accounting Checked the tax rates and status setup - There I am able to view the account code combination. Which setup cont… -
Exclude 0 amount tax boxes from tax box allocation (e.g. cancelled tax lines or invoices) and xml ouContent Hi everyone, I am finishing implementation of JPK (Polish SAFT file) in our instance. Allocations and rules work perfectly with one exception. We should not repo…
-
While validating invoice getting error what are the possible reason for these?Summary:1.The tax couldn't be calculated. create_summary_lines_upd_evnt : 1 : User-Defined Exception (AP-810595) 2.An error has occurred during tax calculation and detai…
-
Need to deactivate existing tax rate codes (bulk) and create new tax rate codes (bulk).Summary: My business requirement is to deactivate existing tax rate codes (bulk) and create new tax rate codes(bulk). is there any way to achieve this requirement? pleas…
-
how to run the Tax local reports for India in Oracle fusionHi all, I can see the following reports for India localisation, we have enabled localisation and the setups are available but unable to run any of these reports. Could y…
-
Managing different Purchase Taxes for same SupplierSummary: Managing different Purchase Taxes for same Supplier Content (please ensure you mask any confidential information): We have a requirement from my Malaysia client…
-
Managing Treaty vs. Statutory WHT Rates in Oracle FusionSummary: In our process, treaty rates are applicable only for a defined duration (based on agreement validity, documentation such as TRC, or negotiated terms). After the…
-
One of our customer is going to migrate from the Vertex Oramast Tax file to the Taxware TMD2 file.Organization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): Oracle Description (Required): One of…
-
Polish VAT Compliance with Different AP Invoice Date and Tax Point Date on Exchange RatesThe Scenario: We encounter foreign currency (e.g., EUR) AP invoices where the dates required for accounting and tax reporting fall into different accounting periods: Inv…
-
Tax rule is not derived on sales orderHi, We have configured a tax rule based on Ship-to tax "classification". The rule has been tested and works fine in AR but somehow it is not picked up on the sales order…
-
how to exclude tax calculation when integrating with external tax engineSummary: Exclude tax calculation when integrating with Vertex Content (please ensure you mask any confidential information): Vertex Engine Version (include the version y…
-
How to separate Tax Rates across different ledgersSummary: For two ledgers with different tax rates, tax configurations must be ledger-specific and not shared across ledgers. The configuration owner (Business Unit) How …
-
Tax account defaulting to single account after complete in fusion receivablesSummary: we have the billing lines coming from Contracts/Projects module to receivables. Before the invoice gets complete in receivables we noticed the tax accounts are …
-
Tax Estimation on Contract InvoicesWhen billing on a Project Contract, we are seeing that in Tax Regimes that we use Tax Classification Codes, we can use the "Calculate Tax" button from the Actions menu a… -
Withholding Tax no longer defaulting/calculating at PO Match Triggering only at ValidationSummary: Hi Community, We are observing a change in behavior regarding Withholding Tax (CIS) defaulting and after 25C onward. The Issue: Previously, when matching an Inv… -
how to mass update Tax Registration Status on Supplier levelSummary: We are using VB in Excel, but we are not sure how to Upload the tax registration status on the supplier level. Thanks
-
Incomplete Tax Authority Setup Invoice Hold Error messageSummary: Hi Team, We have setup withholding tax for United States country. We have created tax regime, tax and tax rate for US. We have also created COTO for US. When we…
-
Does "Process Tax Point Date Adjustment" work for Prepayment ?Hello, We see that "Process Tax Point Date Adjustment" does not take into account the Payables prepayement. We have the possibility to enter the Adjusted Tax Point Date …
-
Need different accounting for non-recoverable Tax than item expenseSummary: hi, For Leases in IFRS, there are short-mid-and long term accounting requirements. Means, when lease is booked originally, depending on duration of lease term, …
-
Challenges on VAT Functionality with Oracle Fusion ExpenseSummary: Need to explore whether Oracle Expenses has built-in support for VAT calculation and reporting, especially for international purchases.we should have a clearer …
-
No tax recoverable or liability account exists for the tax rate or for its account source tax rate.Hello, I have created a Tax Rate with Tax Recoverable Account and Tax Liability Account provided. The Tax Liability Account is working as expected, the account is taken …
-
Withholding Tax Calculated at PaymentSummary: Hi All, We currently have a requirement to add 2 additional withholding tax rates for our client. Specifically, they needed additional WHT Rates of 2% and 10%. …
-
How to use multiple WHT codes on single line without using Tax grouping or Tax rules?Summary: We have a scenario where user want to use multiple withholding taxes on single invoice line, also they don't want to use any Tax grouping or Tax rules. As there…
-
Dynamic WithHolding Tax Rates (India) based on Supplier certificate with a thresholdThe detailed requirement: The are suppliers in India who provide us Lower TDS certificates which will lead to a reduced tax rate. This certificate needs to be stored at …