OIE R12.1.3 - iExpenses - Reporting of Canadian Recoverable VAT on Expense Receipts
Has anyone configured Oracle iExpenses R12.1.3 for the reporting of Recoverable VAT on expense receipts?
We have a requirement to report on Recoverable VAT on iExpenses Transactions for Canada.
Per the OIE Implementation Guide you can set up fields in iExpenses to capture merchant information to reclaim VAT for
each applicable <Canadian> location. See: Setting Up Merchant Fields, page 3-75.
(OIE Implementation Guide ): After users submit merchant information on an expense report, this information is transferred to the invoice created in Oracle Payables. You can report on merchant information contained in these invoices using the Financial Tax Register. (found in Tax Manager Request Group). In the Financial Tax Register, set the Third Party Reporting Level parameter to Merchant. See: Financial Tax Register, Oracle E-Business Tax Reporting Guide for more information. NOTE: THIS FINANCIAL TAX REGISTER PIECE IS INACCURATE. THE Financial Tax Register DOES NOT HAVE A PARAMETER CALLED: Third Party Reporting Level.