Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How to calculate Tax on Purchasing Category

edited Jul 18, 2018 3:54AM in Self Service Procurement 16 comments

Summary

Calculating Tax on Purchasing Category basis

Content

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.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!