Tax Calculation
Discussion List
-
Update tax liability account for particular tax rateSummary: We've defined tax liability account from 'Manage taxes' setup as well as tax rate level. Business wants to book tax liability to a new account other than defaul… -
Tax setupSummary: Hi Team, Urgent help needed. Content (please ensure you mask any confidential information): I need guidance on configuring the tax setup in Oracle Fusion to ens…
-
Tax Applicability Rule Not Working For NON PO InvoicesSummary: Hi Tax Experts i wonder if you can help ? My tax applicability rule is not working for NON PO invoices. Content (please ensure you mask any confidential informa…
-
Tax classification in Invoice lineI have a question where we received Invoice from supplier and we need to create the invoice manually in Oracle Fusion. The amount of the invoice was charged with 2 diffe…
-
How to setup Tax Configuration to get default tax lines in Purchase OrderSummary: Urgent Help needed Content (please ensure you mask any confidential information): My requirement is - For local suppliers while we are creating the PO, GST and …
-
VALIDATE TAX REGISTRATION NUMBERS FOR INDIVIDUALSHi All, During the time of implementation we have enabled validation type ORA_NL_ST_VAT for Netherlands under manage country defaults controls. Now we would like to do i…
-
Input Tax Rate Code Association for Payables Intercompany InvoicesUnable to associate Input tax rate for output rates We have different tax rates in AP and AR as below. AP: AE_VAT_AP_00 AR: AE_VAT_AR_01 When associating AP tax code for…
-
discount in item price and tax amountOur client needs to implement excise tax when creating Sale order , which will be 100% and discount on it Example: Item Price = 5000 Excise tax = 5000 Total Amount : 100…
-
CGST and SGST Tax to be charged on Miscellaneous Receipt for IndiaSummary: How can we charge CGST and SGST Tax code for Miscellaneous Receipt? Content (please ensure you mask any confidential information): When I create Miscellaneous R…
-
How do I know which tax rules apply to calculating the tax as exempt when generating PO?Summary: The tax is calculated on the purchase order when in fact the tax should not be calculated because there is a rule stating which entities should be exempt. How c…
-
How to setup Tax rules for Foreign vendorsSummary: Hi Team, Urgently need help, as I am new to Tax Set up I am having doubts in setup the tax part, Anyone please help me Content (please ensure you mask any confi…
-
Tax applicability exemption for few suppliersSummary: We've allowed Tax applicability at manage taxes so that tax rate will calculated for all invoices. Now Business doesn't want tax to be calculated for insurance …
-
intercompany taxesSummary: Hi Team, It seems that when I add the conditions for ICO transactions the system does not calculate any tax for ICO AP transactions for India country.(US Provid…
-
Offset tax is not getting calculated when Set Invoice Values as Tax InclusiveOffset tax is not getting calculated when Set Invoice Values as Tax Inclusive
-
calculateTransactionTaxEstimate: why this method always returns 0 for LineNumberSummary: Method calculateTransactionTaxEstimate always returns 0 for LineNumber instead of input line number Content (please ensure you mask any confidential information…
-
How to override receivables credit taxHello, We are trying to workout how to override the tax against an AR Credit. We have the following enabled: Manage Taxes - Allow override of calculated tax lines and Al… -
How the tax is calculated in RMS/ReIM when somebody use GTS?There are some 'GTS%' tables present, so from those tables can we determine the tax for an item? If yes, then please provide the related table names to refer. ReIM and R…
-
How we can create non vatable AR Invoice created from Inter Company for certain transations only?Summary: Intercompany transactions were configured as vatable. I think during implementation they expect only vatable transaction that why it was configured this way how…
-
Where can I find where to find the CPP2 maximum deduction amount?I want to verify once Oracle pushes our Canadian Legislative updates into the system that all rates and maximum deduction amounts are accurate. I was able to find the ra…
-
Tax calculation based on employee home addressSummary: We have a requirement to calculate tax based on requestor (employee) home address while punch out requisition is coming back to shopping cart, Any idea how to d… -
How to Automate tax rate to 0 for legal entities within the same VAT groupSummary: We have a requirement for a customer in UK there is a scenario where a number of legal entities share the same tax registration number. How shall we automate th…
-
While validating invoice getting error what are the possible reason for these?Summary:1.The tax couldn't be calculated. create_summary_lines_upd_evnt : 1 : User-Defined Exception (AP-810595) 2.An error has occurred during tax calculation and detai…
-
How to obtain correct tax PA Internal Invoice?Summary: How to obtain correct tax PA Internal Invoice? Content (please ensure you mask any confidential information): We have created a draft invoice within the Contrac…
-
Is it safe to update the Tax Recovery Rate Code > Recovery Rate Period after it has been used?Summary: Is it safe to update the Tax Recoverable Code > Recovery Rate Period after it has been used on historical transactions? Content (please ensure you mask any conf…
-
Calculation of Zero tax or no tax on intercompany AR/AP invoicesHi Team, We have a requirement omitting tax calculation on AR/AP intercompany transactions, wherein I have a configured a tax rule with tax condition and determinant fac…
-
How to set-up IN TDS 194IB, where rate is applicable exceeding monthly threshold?Hi. I have a requirement to set-up TDS 194IB where threshold is 50,000 per month. I am currently using Period as basis. I have also set-up a WHT calendar (Apr-Mar, month…
-
How to Apply Tax rule for Indirect (Expense Service) Purchase Order ?Summary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
-
Manual 'Allocate' button on 'Edit Taxes' on AP InvoiceSummary: When a tax amount is entered manually on AP invoice, and user wanted to split the amount across all the lines (so that the tax split can copy the item expense l…Navya Krishna Yarlagadda 21 views 4 comments 0 points Most recent by Navya Krishna Yarlagadda Tax & Global -
IN TDS Period threshold calculationHi. I have a requirement for India TDS where there is a period (annual) threshold on the total line amount. Tax Rate: However, instead of applying 20% when the threshhol…
-
Tax Rule based on Invoice amount in ARIs it possible to calculate Tax using a Fixed Amount regardless of the invoice amount. For Example: 10,000 USD for invoices with amount more than 100,000 USD and 0 USD f…