How to calculate Tax on Purchasing Category
Summary
Calculating Tax on Purchasing Category basisContent
There were some recent queries on this topic. We thought it might be helpful to post a response that could help many more.
Problem:
Unable to calculate Tax based on Purchasing Category when Inventory is not implemented (only Self Service Procurement is implemented). We are not able to find documentation that shows how to link Product category fiscal classifications to Purchasing Category code in the requisition.
Resolution:
For non-inventory cases, you cannot automatically default product-based fiscal classifications on Purchase orders or requisitions for tax determination. Is it the case that inventory and items are NOT implemented, but purchasing categories are implemented? If this is the case, the customer could potentially map each of their existing purchasing categories to an applicable tax rate through one-time tax rules setup.