E-Business Tax (MOSC)

MOSC Banner

Mexico - IVA virtual

edited Feb 16, 2016 4:05AM in E-Business Tax (MOSC) 1 commentAnswered

Hello,

Has anyone heard about the IVA Virtual in Mexico and how to set it up? the requirement is that if the supplier is a foreign company and give us services, we need to register the IVA (VAT) in the DR and CR  (same account)  and the will be zero. I have tried to create a offset tax and also to create a negative rate... but when it is accounted the records gets register in DR + and - , but this is not what the business needs. I did a test and if I use different account numbers, it works.

Please help.

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