Tax Classification Code Field and Improvement Tax Rate Code Mapping in Intercompany Batch Creation
in Tax & Global
I am writing to propose an enhancement to the Oracle Intercompany Accounting module that would not only facilitate greater detail in tax operations but also address current limitations in tax rate code mapping for intercompany transactions.
Feature Request Details:
- Feature Name: Tax Classification Code Field & Enhanced Tax Rate Code Mapping
- Module: Oracle Intercompany Accounting
- Description:
- Tax Classification Code Field: A new field for both the provider and receiver entities within the intercompany batch creation would allow for specifying tax classification codes, ensuring accurate tax treatment for each entity.
- Enhanced Tax Rate Code Mapping: Improvement of the existing functionality to accommodate scenarios where there is a one-to-many or many-to-one relationship between tax rate codes in Accounts Payable (AP) and Accounts Receivable (AR).
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