Tax Configuration
Discussion List
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Intercompany Receivables tax automatically copy on Payables invoiceI have two tax regimes: PL_VAT and DE_VAT, and two business units: HEI PL BU and HEI DE BU. Both tax regimes are currently subscribed to both business units. When I crea… -
Can you tell me the correct way to disable taxes from Manage Tax or Manage Tax Rules?Summary: Can you tell me the correct way to disable taxes from Manage Tax or Manage Tax Rules? Or should it be from both? Content (please ensure you mask any confidentia… -
Is it possible for Oracle to automatically calculate taxes and add an expected amount to the result?The withholding tax applicable to taxable payments made by natural or legal persons, partnerships, organized communities, and undivided estates—arising from employment, …
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how to default tax classification on Based on ship to location in oracle fusionSummary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
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Reverse Charge VAT UK FusionSummary: Reverse Charge VAT for UK solution offered by Oracle is this only based on the Offset Solution (Where Offset taxes are applicable, two tax lines are created wit…
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My client would like that prepaid expense line in create accounting has the tax amountsWhen doing a procure to pay example from start to finish from Requisition to Invoice, the client would like that there is prepaid expense line in create accounting that …
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What are the setups required to run Online VAT Reporting for SpainWhat are the setups/configuration required to run the Online VAT Reporting for Spain in Oracle Fusion?
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Tax Estimation on Contract InvoicesWhen billing on a Project Contract, we are seeing that in Tax Regimes that we use Tax Classification Codes, we can use the "Calculate Tax" button from the Actions menu a… -
Tax exemption handling/certification field at AR invoice line is Grayed offSummary: Not able to select tax exemption certification at invoice line. How to enable Tax exemption handling/certification field in AR Invoice line? Content (please ens…
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GST Number Validation while creating/updating SuppliersSummary: When users are trying to Create/Update Suppliers, at the address level our expectation is to have a validation to check whether the users are providing correct …
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If date is post Sep21 and user uses an old GST rateSummary: I need the help for below Question for the GST 2.0 If date is post Sep21 and user uses an old GST rate, it should give a pop up warning or error message stating…
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Is possible to Add tax in line in Intercompany transactions AR having 8% Tax and AP having 0% taxSummary: While importing Intercompany transactions AR have Tax and AP having 0 tax. Now we have to show the tax amount in line level in AP Line item as it is AR lines it…
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Guidance Needed: Using Fusion Taxes for Expense Reports & AP Invoices Instead of VertexWe have a requirement from one of our customers who is currently using Vertex to calculate taxes on Payables, Receivables, and other module transactions. They are now im…
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Discrepancies in the amount of Posted Tax Amount in the Tax Reconciliation ReportWe are trying to generate Tax reconciliation Report through schedule process. When we click on OK to start the Report process, we have to fill in some process details li…
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General Ledger, Setup>Tax>Tax OptionsIn Oracle EBS 12, General Ledger, there is Setup>Tax>Tax Options, which can use to derive tax by enter specific GL account. What is the corresponding function in Oracle …
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How to remove the intercompany AR invoice tax rate from the intercompany AP invoice?Summary: Currently, the tax rate in the intercompany AR invoice is applied to intercompany AP invoice by default. As per the client requirement, the intercompany AR invo…
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Tax Allocation Process is not populating a specific AP invoice for period into je_zz_vat_rep_trx_tSummary: Tax Allocation Process is not populating all AP invoices for period into je_zz_vat_rep_trx_t For the specific Payables Invoices transaction in question The invo…
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Tax Rates created not show the Tax classification code set assignmentsSummary: Hi there, We have created tax rates and assigned them to the respective RDS and the modules (Procure to Pay, Expense, Order to Cash). However, upon saving, the …
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India Localization_How to define Localization number as per 2532722.1?Summary: Any pre-requisite to setup for Manage Payables Document Numbering for India GST in Oracle ERP Cloud Doc ID 2532722.1? Content (please ensure you mask any confid… -
Tax Configuration FAQHi, Below are the taxes configured; My expectation is below in AR scenario; Amount charged from customer = 1000 Service Charge (Defined as a tax ) 10% = 100 Amount appli…
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How do we create a Tax Rule based on the Tax Registration Number(TIN) of a Supplier.How do we create a Tax Rule based on the Tax Registration Number of a Supplier. If the Supplier provides the TIN Number we need to deduct the tax at Standard rate applic…
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WHT Threshold Lim 50 Lakhs per party in a year Setup, but system is calculating WHT below thresholdSummary: WHT Threshold Lim 50 Lakhs per party in a year Setup, but system is calculating WHT below threshold also. how to check? Content (please ensure you mask any conf…
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"Tax Allocation Process" returns more than requested periodSummary: When running the "Tax Allocation Process" for a certain month, we noticed that subprocess "Select Transactions for Tax Reporting" does not enter a value for par…
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Import External Transactions to the Tax Repository is completed in WarningI created a Tax journal using a spreadsheet. Import External Transactions to the Tax Repository is completed in warning - No Tax Lines are defined and Tax Line Allocatio…
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unable to calculate withholding tax for rent paymentSummary: Tax withholding on Rent Payment Scenario: Let's say we have 12 lac annual rent which makes 1 lac per month. But, the practice in Pakistan for calculating the ta…
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Is it possible to make the VAT ID field mandatory only for specific Business Units in Oracle Fusion?Summary: VAT ID (First Party Tax Registration Number) field is currently made mandatory for all BUs. However, current list of countries that are in Fusion, there are inv…
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Retainage Release Invoice – Incorrect Tax Inclusive ComputationWe are encountering an issue with retainage release invoices. Based on the attached screenshot, when the retainage release is entered as tax inclusive, system is adding … -
Tax Only Invoice - RecoverableThe tax determination process applies the tax rate on a taxable basis. The default taxable basis formula assigned to the tax is used for tax calculation. This is usually… -
Why has the seeded Economic Region, 'European Economic Community' been end-dated?Summary:The seeded economic region, 'European Economic Community' has been end-dated. Content (required): The end-date cannot be removed. Country values cannot be edited…
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Tax zone configuration not working as expectedHello we are trying to define Northern Ireland as a new tax zone and define a tax rule so that whenever the ship to location has the Northern Ireland address the rate pi…