Oracle E-business Tax is the latest product in the R12 inventory. It provides infrastructure for transaction-based tax management and delivery, using a global system architecture, which is configurable and scalable, for adding country-specific tax content. It is a single-point solution for managing transaction-based tax payments. Learn to use tax software for intra-company payments and transactions, basic Tax Setup in Oracle E-Business Tax and all the features of this new product.
Preview
By the end of this training you will Learn To:
- Set up a tax configuration using the Regime to Rate flow
- Manage party tax profiles, configuration owners, and service providers
- Set up party, product, and transaction fiscal classifications and explain how these classifications impact tax processing
- Set up and use tax rules
- Manage taxes on transactions and identify E-Business Tax reports
- Manage migrated tax data for students upgrading from Release 11i
Course Contents
Tax Determination Management E-Business Tax configuration flow Regime to Rate flow Tax Zones Party Tax Profiles Self-Assessment taxes Tax configuration ownership Configuration options Fiscal classifications: party, product, and transaction Product Tax Exceptions Rule Engine Rule Types Determining factors: party, product, place, and process Tax Determining Factor Set Rules setup example Expert Tax Rule Entry Tax Recovery Rates Recovery Rate tax rule Tax Recovery processingDay 1
Oracle E-Business Tax Overview
E-Business Tax key concepts
Integration within Oracle E-Business Suite
Part 1: Oracle E-Business Tax Basic Tax Configuration
Tax Regimes
Taxes
Tax Statuses
Tax Rates
Tax Jurisdictions
Part 2: Oracle E-Business Tax Basic Tax Configuration Additional setup options
Tax Accounts
Tax Reporting types
Managing Party Tax Profiles
Day 2
Offset taxes
Tax Exemptions
Tax Registrations
Configuration Owners and Service Providers
Service Subscriptions
Event Classes
Fiscal Classifications
Part 1: Setting Up Tax Rules
Tax Rule defaults
Guided Tax Rule Entry
Make tax available on transactions
Oracle Tax Simulator
Part 2: Setting Up Tax Rules
Day 3
Regime Determination Set
Tax Formulas
Tax Condition Sets
Part 3: Setting Up Tax Rules
Tax Recovery
Managing Taxes on Transactions
Apps2Fusion Articles 