Tax Calculation
Discussion List
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How to not self assess tax for foreign supplier invoices?Summary: We do not want to self assess VAT tax when a foreign supplier provides services in Mexico. We have a Tax Registration Rule setup for this scenario with a result… -
How to Install Avalara AvaTax Integration with Oracle FusionWe wanted to know how the Avalara Avatax can be integrated with oracle Fusion. Can we use Azure Middleware or OCI for that Integration. What will be the Pre-requisites s…
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can we calculate tax for Manual JV posted using the Adjustment Category ( Not a Event related JV)Summary: Here business requirement is Tax should be calculated on Manual JV created in Oracle Fusion General Ledger module. Is it possible that, Tax can be calculated at…Pritam Khatu-189662 11 views 1 comment 0 points Most recent by Baidehi Nanda–Support-Oracle Tax & Global
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How to exclude tax @Item LevelSummary: HI Experts Do we have option to exclude TAX @ Item level so that system should not calculate tax on that Items in P2P & O2C Cycle Please advise Thanks Content (…
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Tax Rates created not show the Tax classification code set assignmentsSummary: We create the tax rates and when start we assigne the Tax classification code set assignments But after saving we go to check them assigned but now it shows emp… -
Automatic derivation & calculation of Tax classification code on PO when the supplier is filledSummary: When the user links a supplier on purchase order, the associated supplier's tax classification should be loaded, and the corresponding taxes automatically calcu…Marisol Pensado-Oracle 87 views 1 comment 0 points Most recent by Elena-Cristina Staniloiu-Oracle Tax & Global
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Tax calculation based on original invoiceSummary: Sales Order is created with tax calculation according Sales Order date. After a few months the Customer returns the goods and it is necessary to issue an Entry …
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Tax on Tax - Can we have Tax rule to calculate tax on taxSummary: Tax on Tax - Can we write rule Tax rule to calculate tax on tax. Content (required): Example: Item : Rs 1000 Tax : Rs 180 (18%) --------------- 1180 Tax 11.80 (…
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Tax rate created with incorrect data set tax lookup and cannot be used in PayablesSummary: Hello! There are 5 BU from Argentina already implemented using TCC to derive taxes on Payables invoices working as exepcted in PROD. We are now implementing 2 n…
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1099 Filing with part year transaction in Oracle Cloud and other part in legacy PeopleDoftSummary 1099 Filing with part year transaction in Oracle Cloud and other part in legacy PeopleDoftContent We have the following scenarios and appreciate if someone can s… -
China Golden Tax - Customer site level split and merge optionSummary: Customer wise split and merge Scenario => Invoice of 1 lac amount 1) For Customer A, need to split by 50K -> should create 2 Golden tax invoices 2) For Customer…
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How to create a single VAT code for use with ad'hoc ratesSummary: We often find ourselves having to create VAT codes for ad'hoc VAT rates due to composite transactions that process through source systems but need to be interfa… -
Intercompany TaxationSummary Intercompany TaxationContent We need to implement taxation for Intercompany Transactions based on Services/Goods. We don't have any fields to identify whether In… -
Tax on Intercompany ModuleSummary: Tax calculation on Intercompany Module Content (required): We have requirement to calculate tax on intercompany invoice between two Legal Entities. In our curre…
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To work Tax Rules for standard invoice onlySummary: If we setup Tax Rules for Event " Standard Invoice", will it work only for Manual invoices (Non PO Match Invoices) ? If PO match invoice is created, hope this r…
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Is it still possible to setup tax group for VAT in FusionSummary: Content (required): Understand that previously on EBS, it is possible to setup tax group so multiple VAT can apply to the same invoice line item. Is still featu…
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23D Release - Rounding Conversion Option for ARSummary: In reviewing the 23D release notes we noticed a new feature for AP: TAX CALCULATION ON ROUNDED AMOUNTS ON PAYABLES INVOICES https://www.oracle.com/webfolder/tec… -
Tax rate not showing in LOVSummary: When editing tax on an AP invoice the State is not available to select. It did auto create the tax for the state but if editing and adding lines the state is no… -
Define a Tax Rule deriving a Tax Code based on GL Account and option to Yes/No override itSummary: We need to define a system behavior's so Tax Code is derived based on GL Account but to allow/ disallow overriding the Tax Code, based on each GL account (migra…
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Sales Order 10019377 being a credit note not including GSTSummary: Please see Attached screen shot. The value of the line to be credited is 1244. The total of the document is also $1244 whereas it is our experience that the Doc…Vivek Makwana - Finance 1 view 1 comment 0 points Most recent by Vivek Makwana - Finance Tax & Global
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while creating an invoice, can we add the transaction tax and WHT tax at the same time??Hello, I have a scenario where there are two taxes: Transaction tax and withholding tax for the same invoice. When calculating the transaction tax, the amount in the lin… -
Can we write a separate tax rule to default tax option for Cash Advance (IOU)Summary: Hi Team, Do we have a chance to write separate tax rule for Cash Advance (IOU)? If I can change Application Tax Option for Payables from 5%Tax to 0%Tax permanen…
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We are implementing Fusion Tax India and we are going with Tax Rules optionSummary: We are implementing Fusion Tax India and we are going with Tax Rules option. For Manual AR transaction with no item then we want to select tax at invoice transa…
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How to handle tax for one time ship toSummary: We would like to have employees be able to enter their address as a one time ship to. If they reside in a state that we do not do business in (so no tax rule is…
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Advance tax configuration in purchasing not work Manage Product-Based Fiscal ClassificationsSummary: Hi team need help understanding why our tax rule not working fine for purchasing and Payable We set Tax regimen, Tax, and Tax recovery rate according to our req…
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Is it possible to calculate Tax on Receipt and not on Requisition or Purchase OrderSummary:Is it possible to calculate Tax on Receipt and not on Requisition or Purchase Order. We want the system to make tax not applicable for Req and PO, however when d…
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How to substract a fixed amount after withholding tax is calculated?Summary: Tax law for Income withholding has a special scenario, which includes the use of gross amount taxable basis tax rate to determine rate to be applied. But additi…
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If we setup Tax classification at customer level, will it default for all transactions irrespectiveSummary: If we setup Tax classification at customer level, will it default for all transactions irrespective of the Tax rule applicability for that transaction. Tax is g…
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Ho can apply Tax one for AP and othe to AR both are under same Regimen TaxSummary: I create 3 taxes under one regimen but how can to apply the tax rate code in specific Payables or Receivables IVA_AP is use only in Payables IVA_AR is use only …
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Tax default based on tax rule is incorrectSummary: When I am creating an AR invoice, two Tax rates are defaulted based on two rules which is incorrect. First Tax rule (rule order is 3) and second tax rule (rule …