AHCS and Tax Reporting
We have inherited a solution design where sales invoice data from an external system is accounted in Oracle using AHCS, i.e. Dr Receivables, Cr Revenue and Cr Tax. The tax code has been created as a supporting reference.
I am aware that there is no support for tax reporting within AHCS. However, the tax team need to report on the above data in a similar way that they would for Oracle receivables invoices e.g. using the Financial Tax Register.
I would be interested to hear from anyone that has faced a similar challenge, and what their solution was.
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