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Tax & Global
Discussion List
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Tax Condition Sets - Accounting based - Can hiearchies be used in Condition Sets?Summary Tax Condition Sets - Accounting based - Can hiearchies be used in Condition Sets?Content Hi, we want to create a tax rule for the COA. I specifically want to loo… -
How to implement the Romanian VAT threshhold for reverse charge ?Content https://taxsummaries.pwc.com/romania/corporate/other-taxes "The reverse-charge mechanism is applicable for the supply of buildings, parts of buildings, and plots… -
How to Apply Two Taxes to a AR Invoice via Tax Codes ?Summary How to Apply Two Taxes to a AR Invoice via Tax Codes ?Content Hello I need to apply two taxes to an AR Invoice according an specific Tax Rule i.e Per Customer, h…
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Tax Regime, I was not able to inquiry the BU or LESummary Tax Regime, I was not able to inquiry the BU or LEContent Hello I am trying to setup a Tax Regime, however I was not able to see the Business Unit or LE, hence I…
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How to able "withholding tax group code" in oracle cloud PayablesContent How to able "withholding tax group code" oracle cloud and another Whihholding setup inside the Oracle Cloud Payables Module. Or it's functionalities was replaced… -
Manually calculate withholding taxContent Hi Tax Gurus, Our client is asking if it is possible to place the Invoice on automatic hold when a manual withholding tax calculation is required? We need someth…
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VAT monthly reportingSummary I am looking for a solution to show on the report canceled tax lines in different periodsContent Currently, in our custom reports, we use ZX_Lines table, for dis…
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Tax MTD compliant QuestionSummary Our tax teams are working to adhere to UK Tax Policies. I tried to research whether ORACLE ERP CLOUD was MTD Tax CompliantContent Our tax teams are working to ad… -
India Tax - adjusting tax point basis on transaction laterSummary India Tax - adjusting tax point basis on transaction laterContent Hi, Is it possible to adjust tax point basis on transaction at a later point post submission? U…
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Spain SII for AR TransactionsContent We have issues when we run the Online VAT Reporting for Spain when transactions from UK customers are included. As of Jan 2021, UK has left European Union so the…
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Portugese Tax CertificationSummary Portuguese Tax certificationContent Hi Has anyone else implemented the Portuguese tax certification new functionality or is looking to do it? We are trying to im…
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Is any one managing Canada extraction factor via Fusion tax setupsSummary How to manage Canada extraction factor using fusion taxesContent How to manage Canada extraction factor using fusion taxes Version 21A -
Source of EVENT_CLASS_CODE column in ZX_LINES TableSummary Revised Purchase Order Tax CalculationContent In order to calculate TAX for a revised Purchase Order, the ZX_LINES table has two records and two different values…
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Error in Tax Status Rule uploads-Operator Is blank is invalid for tax regimeSummary Error in Tax Status Rule uploads-Operator Is blank is invalid for tax regimeContent Hi We are uploading the Tax Status and Rate Rules via the Rapid Setup Spreads… -
Withholding Tax ExemptionSummary Withholding Tax ExemptionContent Withholding Tax Exemption is setup for period Jan-20- Mar-21. When entering an invoice is it the Invoice date that the system us…
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disable tax calculation for ARSummary how to disable calculation of AR tax linesContent Hi, Please advise what is the setup needed to disable tax calculation on AR transactions. I see the transaction…
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Duty role/Privilege needed for Record Inward and Outward Taxes for India ProcessContent What is the Duty role/Privilege needed to run "Record Inward and Outward Taxes for India" Process?? As per the Finance Readiness doc 21A, APAC Localization secti…
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What is the Duty role/Privilege needed to run "Record Inward and Outward Taxes for India" Process?Content What is the Duty role/Privilege needed to run "Record Inward and Outward Taxes for India" Process?? As per the Finance Readiness doc 21A, APAC Localization secti…
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Item/Product based tax calculationSummary Item/Product based tax calculationContent Hi We are not using inventory module and just using Payables and Tax. However we want to write tax rules that are based…
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Withholding Tax ExemptionSummary Withholding Tax ExemptionContent Withholding Tax Exemption after completing my withholding tax setup, I created a tax exemption certificate, however invoices are…
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Reverse Charge in GSTSummary Reverse Charge in GSTContent How do we handle reverse charge scenerio for AP invoices in GST tax regime?
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Withholding tax is not calculating at Payment LevelSummary Withholding tax is not calculating at Payment LevelContent Created Two Invoices with Withholding Tax Code: 1. Standard Invoice 2. Credit Memo with Foreign Curren… -
Jurisdiction mapping for Tax RatesSummary Jurisdiction mapping for Tax RatesContent In the process of creating tax rates, we can map the same with Tax Jurisdiction {not a mandatory mapping}, but for coun…
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Reporting Tax Point Date for Payment and AccountingSummary Reporting Tax Point Date for Payment and AccountingContent Hi We have a custom report where we want to pull the tax point date for Invoices. Our Tax Point date f…
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Point of Entry into Ireland fron Non-EU countriesSummary Point of Entry into Ireland fron Non-EU countriesContent Hi Team, I am working on a requirement for Ireland, how do we account VAT at Point of Entry into Ireland…
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Upload Condition Sets for Tax Box Allocation RulesSummary Upload Condition Sets for Tax Box Allocation RulesContent Hi I am looking for an easy excel uploader for uploading the Tax Box Allocation Rules. I have a number …
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ERP – Complying with Country Requirements in Brazil using Oracle ERP Cloud, 17 March 2021, 9 a.m PTContent Submit your questions for the ERP – Complying with Country Requirements in Brazil using Oracle ERP Cloud session to have them answered during the live event. Pos…
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Handling the new Northern Ireland (XI) VAT reg prefix for customer in the United Kingdom tax regimeSummary We have a tax regimes for Ireland and the United Kingdom however for customers with the "XI" VAT reg prefix the validation on the reg number won't allow us to up… -
Is there a plan to update the Federal Income Tax Types to reflect the new 1099 codes?Summary In 2020, the IRS changed the 1099 income tax types (e.g. MISC7 is now NEC1). Is there a plan to update these codes in the system?Content In 2020, the IRS changed… -
India GST E-Invoicing- How Export Invoices are handledContent Basically Export invoices are having foreign customers and do not have GSTIN. So there is no customer tax registration created for these customers. Export Invoic…