Tax on the Purchase and Invoice Transactions
Hi All,
I am new to E Business Tax and though i have read the user guides on it.
But I have some confusion on what attributes will be considered while calculating the taxes on transactions based on Ebusiness tax.
We have recently migrated from 11i to R12. We have created one tax under Ireland OU but after upgrade this tax has been migrated to R12 under UK tax regime. Not sure what could be the reason.
When we actually create a transaction (Purchase Requisition/Purchase Order/Invoice), what is the first atrribute that will be checked with Ebusiness tax to determine the taxes?