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Tax & Global
Discussion List
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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… -
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… -
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…
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UK VAT reporting to HRMCSummary Can you please suggest workaround for uk vat reporting to HRMCVersion 21A (11.13.21.01.0)
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How to set up WHTSummary How to set up WHTContent How to set up WHT . I am unable to select the business unit when creating WHT, this is because the setup was done to use " legal entity …
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Brexit : How to remove United Kingdom from Tax Zone European Economic CommunityContent The Tax Zone European Economic Community of the Tax Type Economic Regions is a standard one and is not updatable. How to manage Tax impacts of Brexit ? The Unite… -
sales tax to be based on alternate locationContent My requirement is that I want the tax to be based on state and county mentioned in alternate address for the location . So how should I configure my tax/ tax rul…
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Assess Tax on Discount Amount of the PaymentSummary Ability to assess tax on the discount amount of the invoice payment - AP CloudContent Hello Tax/AP SMEs, Looking for the ability to assess tax on the discount am… -
WHT applied only on the regular reverse charge tax and not the offset taxSummary WHT applied only on the regular reverse charge tax and not the offset taxContent Hi All, We have an EU implementation of taxes and where we have reverse charge a…
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Tax code updated in Invoice line level "Tax Classification" field but not reflecting in Tax SectionSummary Tax code updated in Invoice line level "Tax Classification" field but not reflecting in Tax SectionContent Tax code updated in Invoice line level "Tax Classifica…
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Processing of Tax RulesSummary Hierarchy of Tax Rules ProcessingContent Hi Team, Generally, we define, Tax Registration, Place of Supply, Tax Rate, Tax Status, Tax Applicability rules etc. can…
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Tax Rule for Foreign Suppliers to calculate 5%TaxSummary Tax Rule for Foreign Suppliers to calculate 5%TaxContent Hi, Gents Greetings! I Have a requirement that the business users need a tax rate = 5% for Foreign suppl… -
Supplier Tax and Vat verification for US and EUSummary 21098370Content Can the system be able to verify US Tax ID's and EU Vat numbers. We are using multiple sourcing to verify the tax details of suppliers. Version v… -
Unable to use AP invoice line flexfields in tax rulesSummary Tax rules with conditions referring to invoice line flexfields are not working. Though TDFS definition shows those fieldsContent We have a specific scenario wher… -
New Tax rate is not calculate on Order ManagementContent Hello i configure new tax rate under Recovery and rate and also link with new rule and disable old rule New tax is 40% and old Tax is 35% but in order system cal… -
Domestic Reverse Charge for supplies of building and construction servicesSummary Effective 01 March 2021Content In March 2021 Domestic Reverse Charge (DRC) is introduced for the UK Construction Industry. It is a process for handling VAT. Link… -
Ireland - Reverse Charge - AR Customer InvoicesSummary Ireland - Reverse Charge - AR Customer InvoicesContent Hi Team, How can we handle Reverse Charge for AR customer invoices, I believe there is no standard functio…
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Ability to override tax on credit memo which is referenced to invoiceSummary Ability to override tax on credit memo which is referenced to invoiceContent Hi All, We need to override the tax amount to zero for credit memo which are referen…
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how to enable VAT code to AR module once definedSummary how to enable VAT code to AR module once definedContent Hi Experts, We defined VAT code and enabled for AP/Expense module, customer is asking us to enable same c…
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How to assign Tax classification code at Supplier site assignments level as in R12?Summary How to assign multiple Tax classification code for a Supplier site as in R12Content Have a requirement that supplier site should have multiple site assignments e… -
Withholding tax and account for payment option at clearingSummary WHT tax invoice generation and WHT debt booking done at 2 different dates.Content Hello We are asked by our Romanian colleagues to implement Fusion WHT solution …