UAE eInvoicing and VAT - Separate Business Unit vs Existing International BU
in Tax & Global
Summary:
We are implementing UAE VAT and eInvoicing in Oracle Fusion Cloud Financials and need guidance on whether UAE Receivables transactions should remain within our existing International Business Unit or whether Oracle recommends establishing a separate UAE Business Unit.
Content (please ensure you mask any confidential information):
Currently, UAE AR transactions are planned within an existing International Business Unit that also supports non-UAE transactions.
For UAE, we need to support:
- UAE VAT applicable only to the appropriate UAE transactions
- UAE-specific tax configuration and registration
- Appropriate sequential invoice numbering
- UAE eInvoicing through an external eInvoicing provider
- Ability to identify and isolate UAE transactions for the eInvoicing integration
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