VAT setups for Saudi Arabia and UAE
Hi, Have any of you already configured VAT for Saudi Arabia and UAE in Oracle Payables R12.2.6 ? Aside from the 5% VAT rate, Zero rate, and Exempt rate, did you have to setup any special configuration, e.g. tax rule?
I found Notes: 2314357.1 and 2319383.1 which mention Tax Registration. Does Tax Registration needs to be configured too? Where would the Tax Registration be configured?
Please advise. Thanks.