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Differences in transaction tax functionality between e-Business Suite and Cloud

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edited Nov 7, 2019 9:04AM in Tax & Global 1 comment

Summary

Does e-Business Suite offer functionality to derive the transaction tax code from a flag against the Cost Centre without using Tax Rules?

Content

Our client has been informed – or at least, interpreted what he has been told – by Oracle e-Business Suite users in a similar sector that the UK VAT code on a transaction is derived from a flag against the Cost Centre, rather than using any form of Tax Rules. I am not aware of any such functionality in Cloud. Does this functionality exist in e-Business Suite, and if so is it on the road map to bring it in to Cloud?

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