E-Business Tax (MOSC)

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Deposit Tax Invoice for UAE VAT

Hi,

We have a one major requirement deposit Tax Invoice. As per UAE Tax rules, If an entity collecting any deposit amount from customers, Entity need to issue Deposit TAX invoice but as per Oracle standard features, we are unable to apply Tax on AR Deposit transaction.

Even If we create without TAX deposit invoice, we are unable to net off the TAX Transaction against on the same and our Tax liability showing in our system yet to collect from the customer.

Please provides the way out of the major issue.

Thanks

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