Moving from upgraded tax regime to new tax regime - effective dates
Hi. We upgraded from 11i approximately 2.5 years ago and we now need to move from the upgraded tax regime to a new tax regime. I am following the Oracle document:
My question is: what is the impact of setting the end date of the old regime and the start date of the new regime? For example, I am thinking of setting up the new regime (and all the tax setups) with a start date of 01-JAN-15, then end date the old regime as at 31-OCT-15 and associate to the new regime as of 01-NOV-15. Will that work? What about any 'in progress' transactions, i.e. orders not yet invoiced, that reference the old regime but the invoices are created on the 01-NOV-15?
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