E-Business Tax (MOSC)

MOSC Banner

Tax Calculation & Discounts - AR Transactions

edited Sep 24, 2013 5:09PM in E-Business Tax (MOSC) 9 commentsAnswered

Hi,

A couple of weeks ago I received help to setup AP rules to use the assessable value for AP transactions when there are discounts applicable to the invoices.

I was referred to Bug 13080212 - AP TAX: NEED TAX AMOUNT TO BE CALCULATED AFTER DISCOUNT and in this BUG it says that for AR is possible to manage discounts for AR transactions in Ebtax.

How can I do this for AR?

The requirement is for example when an invoice is subject to a 5% settlement discount the calculation of the VAT needs to be (VAT 20%):

Invoice

NET 1000

VAT 190 ((1000 - 50) x 20%)

GROSS 1190

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Tax Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center