Need new setup E-Business Tax for old Transactions? (upgrade 11i to 12.1.3)
Hi everyone,
I have questions about E-Business Tax on upgrading application from 11i to 12.1.3.
I see the old vat codes appears in 12.1.3 at Tax Manager but the Tax regime is US-Tax
1. I would like to know if I should setup new vat code in 12.1.3? or use the old vat code but update Tax regime to be Thailand (my customer is Thai company) ?
2. If I setup new vat code.. what should I do with the old transactions that used old vat code?
Has anyone experienced this issues? Could you please advise?
Thanks,
Ying
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