Challenges on VAT Functionality with Oracle Fusion Expense

Summary:

Need to explore whether Oracle Expenses has built-in support for VAT calculation and reporting, especially for international purchases.we should have a clearer picture of what Oracle Expenses can handle out of the box and where additional development or configuration may be required.

• Identification of potential challenges when handling VAT in different currencies.
• Identify any gaps or limitations in handling international VAT.
• Evaluate whether Oracle Expenses can accommodate the VAT split functionality, including integration with other systems or APIs needed for VAT rate retrieval.

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