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Eb Tax BR100
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BR.100 Setup document
Author:
Creation Date: January 20, 2012
Last Updated: January 29, 2012
Document Ref:
Version: 1 .0
Location: C:\User s\Pu blic\Docu m en ts\Wh itepa per s\EBT\Or a cle EBTa x Setu pDocu m en t BR1 00 .docx
1.T itle, Subject, Last Updated Date, ReferenceNum ber, and Version are marked by a WordBookmark so that they can be easily reproduced inthe header and footer of documents. When y ouchange any of these values, be careful not toaccidentally delete the bookmark. You canm ake bookm arks visible by selectingT ools->OptionsView and checking theBookm arks option in the Show region.
Approvals:
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Copy Number _____
1.Y ou can delete any elements of this cover pagethat y ou do not need for y our document. Forexample, Copy Number is only required if this is acontrolled document and y ou need to track eachcopy that y ou distribute.
Contents
Geography Structure Definition
Geography Validations
Loading Geography / Compile Geographies - HR_LOCATIONS & HZ LOCATIONS Loads into Sy stem
Define Class Categories & Codes for Fiscal Classifications
Define Item Ty pe
Define Inventory Category
Define Inventory Category Set
Define Tax authority
Define Tax Authority Party Tax Profile
Define Tax Regime
Tax Regime Party Subscriptions
Self Assessment First Party Legal Establishment
Application Tax options
Define Product Classifications
Define User Item Ty pe
Define Product Category under Product Classifications Update>Create
Define Party Fiscal Classifications
Country Defaults for US
Define Configuration Owner Tax Options - Enable Taxes for PO Event Ty pes andDisable for AR Events
Enable Configuration Owner Options
Open and Closed Issues for this Deliverable
Open IssuesClosed Issues
1.To update the table of contents, put the cursorany where in the table and press [F9]. To changethe number of levels display ed, select the menuoption Insert >Index and Tables, make sure theTable of Contents tab is active, and change theNumber of Levels to a new value.
Geography Structure Definition
Use the geographic settings in E-Business Tax to define the taxes and tax rates at each geographiclevel in your countries of operation. E-Business Tax uses the TCA master geography hierarchy todetermine the relationships between countries and the territories and geographical regions within acountry that belong to them.
This is the first Step that needs to be done as part of the EBTax Setup in R12
Navigate to Trading Community Manager Responsibility. The below screenshot shows the navigation
> >
In Trading Community Manager (TCM)>Geography Hierarchy
Click | Next Page
Geography Validations
For example, the structure for the United States is defined in this way: Country is the parent of State,State is the parent of County, County is the parent of City, and City is the parent of Postal Code.E-Business Tax uses this structure to help determine the taxes and tax rates that apply to eachgeographic entity within the United States. In this way, a sales transaction that takes place in a citymay include taxes at the state, county, and city level.
Click | Manage Valiadtions
Manage ValidationsMapping Locations Looks for these 3 values.This Option shows only warning while entering supplier State Country and City details even though they doesntexist in TCAHZ is third parties (Vendors)HR is receiv ing company (Internal locations)
Mapping LocationsInternal Locations
Delete
Loading Geography / Compile Geographies - HR_LOCATIONS & HZLOCATIONS Loads into System
Oracle Apps Tax Manager>View>Request>Submit Request>Request Set
RUN for HR locations also.
System would not let new location have tax validations if this is not run after location is added.
Define Class Categories & Codes for Fiscal Classifications
Take screen print of request IDs created during this step.
Location: TCM
Create Class Category
Define Item Type
Inventory Responsibilities>Setup Items>Item Types
Save ater each code.
Can copy and paste between fields.
Click on Icon for new record
Addresses Catalog Items.
Define Inventory Category
Create a Inventory Category Code with the following details
Inventory>Setup>Items>Categories>Category Codes
For Non-Catalog
Find Category: Non%
Copy and paste from EBSD to new Instance
Save.
Define Inventory Category Set
Inventory>Setup>Items>Categories>Categories Set
Define Tax authority
Use the Oracle Legal Entity Manager to set up each tax authority as a legal authority for transactiontax.
Set up a tax profile for each of your tax authority party records. The tax authority party tax profileidentifies a tax authority party as a collecting authority and/or a reporting authority. A collecting taxauthority manages the administration of tax remittances. A reporting tax authority receives andprocesses all company transaction tax reports.
Location: Legal Entity Manager>Setup>Legal Authorities
Sy stem Generated will not be the same
The collecting and reporting tax authorities appear in the corresponding list of values on all applicableE-Business Tax pages. All tax authorities are available in the list of values as an issuing tax authority.
Define Tax Authority Party Tax Profile
Tax Manager>Parties>Party Tax Profiles
Define Tax Regime
Tax Manager>Tax Config>Tax Regimes>Create
Uncheck
Tax Regime Party Subscriptions
What is a Tax Regime?In Oracle E-Business Tax, a Tax Regime is the system of regulations for the determination andadministration of one or more taxes.
The common tax regime setup is one tax regime per country per tax type, with the tax requirementsadministered by a government tax authority for the entire country. There are also cases where taxregimes are defined for standard geographical types or subdivisions of a country, such as a state,province, county, or city. In these cases, you base the tax regime on the Trading CommunityArchitecture (TCA) standard geography.
Self Assessment First Party Legal Establishment
Tax Manager>Parties>Party Tax Profiles>Update Tax Profile
Check
Go to Tax Registration, click on Create, and complete Issuing Tax Authority
Application Tax options
Tax Manager>Defaults & Controls>Application Tax Options>Update
Must Be Blank
Must Be Blank
Define Product Classifications
Tax Manager>Products>Product Classifications
Case Sensitive
Set up party fiscal classifications for the parties and party sites involved in your transactions that havea tax requirement. A party fiscal classification determines, for example, when taxes apply to a party,how much tax applies, and what percentage of the tax is recoverable. These tax requirements areusually defined by the tax authority for the taxes of a given tax regime.
Set up party fiscal classifications for your first parties, customers and customer sites, and suppliers andsupplier sites. Update the legal classification tax usage of legal activity codes according to your taxdetermination and tax reporting requirements.
Define User Item Type
Tax Manager>Products>Product Classifications
Set up product fiscal classifications to classify products that have a tax requirement for taxdetermination or tax reporting purposes. You set up product fiscal classifications according to thetaxable nature of a product or product transaction, as designated by a tax authority.
Define an Inventory-based product fiscal classification type against an Oracle Inventory category set.The product fiscal classification is defaulted on the transaction line for any item that belongs to theinventory category set. The category values defined for the inventory category set become fiscalclassification codes belonging to the product fiscal classification type.
Define Product Category under Product ClassificationsUpdate>Create
Define product fiscal classification types using the non-Inventory based E-Business Tax productcategory. You can designate a default product fiscal classification for a specific product, or a list of
product fiscal classifications assigned to a particular country. Use the E-Business Tax product categoryto:
Classify products for taxes if you do not use Oracle Inventory.Create country-specific product fiscal classifications.Create product fiscal classifications for items that are not a good.
Create ad hoc product fiscal classifications without reference to an inventory item, for example, if youare making product purchases that are not a part of your standard business processes.
Define Party Fiscal Classifications
Party fiscal classifications: Classify your customers and suppliers and their locations for use in taxdetermination. In some countries, the tax authority provides the specific party fiscal classification touse.
Country Defaults for US
Tax Manager>Defaults & Controls>Country Defaults
Set up information at the country level that you want to default to the applicable E-Business Tax andlegal entity setups. Country default controls let you designate transaction tax-related values in thecountries that you do business. You can update these default values on the applicable pages.
The list of values in the country default control fields each contain all of the values that you havepreviously set up. For tax regimes and taxes, the list of values is restricted to the country-specificvalues. You should ensure that you have completed all of your applicable setup before setting countrydefault controls.
Define Configuration Owner Tax Options - Enable Taxes for PO EventTypes and Disable for AR Events
DO THESE NEXT STEPS LAST
Disabled all 11.5.7 COTOs and Enabled R12 COTOs on October 19, 2009 @ 11.20 AM
Set up configuration owner tax options for a combination of configuration owner and application eventclass. You can update some of the E-Business Tax predefined event class settings for a particularconfiguration owner. You can also update migrated tax option settings for configuration ownersmigrated from Release 11i.
If you are using Direct Tax Rate Determination with tax classification codes and migrated tax data, thenyou must set up configuration owner tax options using the STCC regime determination set for theapplicable configuration owner and event class.
Configuration owner tax options let a configuration owner update default tax options on transactionsthat belong to a specific application event class. At transaction time, E-Business Tax uses the taxoption settings of the configuration owner and application event class instead of the default settings.
Enable Configuration Owner Options
This is a screen shot of one of the enabled taxes in R12. In this area we checked the box for Make Tax Availablefor Transactions. This was done for all tax setups.
Open and Closed Issues for this Deliverable
1.Add open issues that y ou identify while writing orrev iewing this document to the open issuessection. As y ou resolve issues, move them to theclosed issues section and keep the issue ID thesame. Include an explanation of the resolution.
When this deliverable is complete, any open issuesshould be transferred to the project- orprocess-level Risk and Issue Log (PJM.CR.040)and managed using a project-level Risk and IssueForm (PJM.CR.040). In addition, the open itemsshould remain in the open issues section of thisdeliverable, but flagged in the resolution columnas being transferred.
Open Issues
ID Issue Resolution Responsibility TargetDate
ImpactDate
Closed Issues
ID Issue Resolution Responsibility TargetDate
ImpactDate