Oracle R12 EBTax BR100

Doc Ref: BR100 FIN Common 1A BR.100 FIN Common Financials Application SetupMarch 15, 2007

Open and Closed Issues for this Deliverable 3 > 1 “1 of 22 - Sec1 16” “1” 1 of 22 - Sec1 16Project <PROJECTNAME> File Ref: BR100 FIN Common 1A.doc (v. Version )

Company Confidential - For internal use only


AIM

BR.100 FININCIAL R12 eB-Tax Application Setup<Customername>Project <PROJECTNAME>

Author: Henk Brons

Creation Date: July 30, 2007

Last Updated: September 20, 2007

Document Ref: BR100 FIN R12 eB-Tax 1B

Version: Version 1B

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Change Record3

Date Author Version Change Reference

30-Jul-07 Henk Brons 1a No Previous Document20-Sep-07 Henk Brons 1b Added rules, Classifications and Sets.

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Contents

Document Control

Setup eB-Tax: Define Tax regimes

Setup eB-Tax: Define Taxes

Setup eB-Tax: Define Tax Status

Setup eB-Tax: Define Tax Jurisdictions

Setup eB-Tax: Define Tax Recovery Rates

Setup eB-Tax: Define Tax Rates

Setup eB-Tax: Define Tax Rules (Defaults)

Setup eB-Tax: Define Product Classification

Setup eB-Tax: Define Party Classification

Setup eB-Tax: Define Transaction Fiscal Classification

Setup eB-Tax: Define Tax Determining Factor Sets

Setup eB-Tax: Define Tax Condition Sets

Open and Closed Issues for this Deliverable

Open IssuesClosed Issues

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Setup eB-Tax: Define Tax regimes

eBusiness TAX>Tax Configuration>Tax Regimes<Klantname>Process:

Common FinancialsBusiness Area:

<Business Area>Date:

<Date>Control Number:

<Control Number>Priority(H, M, L):

<Priority (H, M, L)>Process Owner:

Description: Use this form to set up a Value Set for each segment of your Accounting Flexfield.

<Tax Regime>

Country =

Tax Regime Code Regime Level

Tax Regime Name Effective from DD-MMM-YYYY

Regime Country Effective to DD-MMM-YYYY

Parent Regime Code Used to group Regimes (Y/N)

Controls:

Allow Tax Recovery (Y/N) Allow Tax Exemptions (Y/N)Allow Override and Entry of Inclusive Tax Lines

(Y/N) Allow Tax Exceptions (Y/N)

Defaults:

Tax Currency Exchange Rate Type

Minimum Accountable Unit

Reporting Tax Authority

Rounding Rule Collecting Tax Authority

Tax Precision Default Recovery Settlement Tax Accounts Precedence Level

Allow Tax Inclusion (Y/N) Use Legal Registration Number

(Y/N)

Allow Multiple Jurisdictions

(Y/N)

Allow Tax Rounding Override

(Y/N)




Setup eB-Tax: Define Taxes

eBusiness TAX>Tax Configuration>Taxes<Klantname>Process:







<Taxes>

Tax Regime Code =

Tax Regime Code Override Geography Type

Configuration Owner Tax Currency

Tax Minimum Accountable Unit

Tax Name Rounding Rule

Tax Type Tax Precision

Effective from

DD-MMM-YYYY

Exchange Rate Type

Effective to

DD-MMM-YYYY

Compounding Precedence

Geography Type Reporting Tax Authority

Parent Geography Type Collecting Tax Authority

Parent Geography Name Applied Amount HandlingSet as Offset Tax

(Y/N)

Set Tax for Reporting Purposes Only

(Y/N)

Controls:

Allow Tax Inclusion

(Y/N)

Allow Entry of Manual Tax Lines

(Y/N)

Allow Override and Entry of Inclusive Tax Lines

(Y/N)

Use Legal Registration Number

Allow Tax Rounding Override

(Y/N)

Allow Duplicate Tax Registration Numbers

(Y/N)

Allow Override of Calculated Tax Lines

(Y/N)

Allow Multiple Jurisdictions

(Y/N)

Tax Accounts Controls:




Tax Accounts Creation Method

Tax Accounts Source

Use Tax Accounts from Existing Tax

Tax Exceptions/Exemptions Controls:

Allow Tax Exemptions

(Y/N)

Tax Exemptions Creation Method

Allow Tax Exceptions

(Y/N)

Tax Exemptions Source

Tax Recovery Controls:

Allow Tax Recovery

(Y/N)

Primary recovery Type

Allow Tax Recovery Rate Override

(Y/N)

Default Primary Recovery Rate Code

Allow Primary Recovery Rate Determination Rules

(Y/N)

Secondary recovery Type

Allow Secondary Recovery Rate Determination Rules

(Y/N)

Default Secondary Recovery Rate Code

Defaults:

Tax Accounts:

Main Information Ledger

Operating Unit

General Tax Accounts Tax Expense

Interim Tax

Tax Recoverable/Liability

Accounts for Receivables Activities

Finance Charge Tax LiabilityEarned Discounts (Non-Rec)Unearned Discounts (Non-Rec)Adjustment (non-Rec)Earned DiscountsUnearned DiscountsAdjustment

Financial Charges







Setup eB-Tax: Define Tax Status

eBusiness TAX>Tax Configuration>Tax Status<Klantname>Process:







<Tax Status>

Tax Code =

Tax Regime Code Effective from DD-MMM-YYYY

Configuration Owner Effective to DD-MMM-YYYY

Tax Set as Default Tax Status (Y/N)

Tax Status Code Default Status Effective from

DD-MMM-YYYY

Tax Status Name Default Status Effective to DD-MMM-YYYY

Controls:

Allow Tax Exemptions (Y/N) Allow Tax Rate Override (Y/N)Allow Tax Exceptions (Y/N) Default Recovery

Settlement

<Tax Status>

Tax Code =

Tax Regime Code Effective from DD-MMM-YYYY

Configuration Owner Effective to DD-MMM-YYYY

Tax Set as Default Tax Status (Y/N)

Tax Status Code Default Status Effective from

DD-MMM-YYYY

Tax Status Name Default Status Effective to DD-MMM-YYYY

Controls:

Allow Tax Exemptions (Y/N) Allow Tax Rate Override (Y/N)Allow Tax Exceptions (Y/N) Default Recovery

Settlement




Setup eB-Tax: Define Tax Jurisdictions

eBusiness TAX>Tax Configuration>Tax Jurisdictions<Klantname>Process:







<Jurisdiction>

Tax Code =

Tax Jurisdiction Code Geography Name

Tax Jurisdiction Name Inner City Jurisdiction (Y/N)

Tax Regime Code Precedence Level

Tax Tax Accounting Source Jurisdiction Code

Geography Type Tax Exemption Source Jurisdiction Code

Parent Geography Type Reporting Tax Authority

Parent Geography Name Collecting Tax Authority

Effective from DD-MMM-YYYY

Effective to DD-MMM-YYYY

Default Tax Jusidiction Settings:

Set as Default Tax Jurisdiction

(Y/N) Effective from DD-MMM-YYYY


Associated Jurisdiction Tax Rates:

Configuration OwnerTax Status

CodeTax Rate Code

Tax Rate Type




Setup eB-Tax: Define Tax Recovery Rates

eBusiness TAX>Tax Configuration>Tax Recovery Rates<Klantname>Process:







<Tax Recovery Rate>

Tax Code =

Tax Regime Code:

Configuration Owner:

Tax:

Tax Recovery Rate Code:

Recovery Type:

Controls:

Percentage Recovery Rate Default Status Effective from

DD-MMM-YYYY

Effective from DD-MMM-YYYY

Default Status Effective to DD-MMM-YYYY


Allow Ad Hoc Rate (Y/N)

Set as Default Tax Status (Y/N)

Tax Accounts:

Main Information: Ledger:

Operating Unit:

Accounts:




Setup eB-Tax: Define Tax Rates

eBusiness TAX>Tax Configuration>Tax Rates<Klantname>Process:







<Tax Rate>

Tax Status Code =

Tax Regime Code: Tax Rate Code:

Configuration Owner: Tax Rate Type:

Tax: Percentage/Amount:

Tax Status Code: Effective from: DD-MMM-YYYY

Tax Jurisdiction Code: Effective to: DD-MMM-YYYY

Reporting Details:

Tax Rate Name:

Tax Transaction Type

Tax Reporting Codes:

Tax Reporting Type Code: DD-MMM-YYYY

Data Type: DD-MMM-YYYY

Reporting Code:

Recovery Rate Details:

Default Recovery Rate Code:Recovery Type:

Offset Rate Details:

Offset Rate Code

Other Details:

Set as Default Rate: (Y/N) (Y/N)

Effective from: DD-MMM-YYYY

(Y/N)

Effective to: DD-MMM-YYYY

(Y/N)

Allow Tax Inclusion: (Y/N) Taxable Basis

Allow Override and Entry of Inclusive Tax Lines

(Y/N)




Setup eB-Tax: Define Tax Rules (Defaults)

eBusiness TAX>Tax Configuration>Tax Rules (Defaults)<Klantname>Process:







<Tax Rules - Defaults>

Tax Defaults

Configuration Owner:

Tax Regiem Code:

Tax:

Rule Type:

Configuration

EventRule

NameOwner

Default

ClassOrderDeterming

Factor SetDirect Tax Rate Determination:Determine Place of Supply:

Determine Tax Applicability:Determine Tax Registration:Determine Tax Status:

Determine Tax Rate:

Determine Taxable Basis:

Determine Tax Amounts:

Determine Recovery Rate:




Setup eB-Tax: Define Product Classification

eBusiness TAX>Products>Product Classsifications<Klantname>Process:







<Product Classification Types>

Tax Code =

Inventory Category Set:Product Classification Source:

Le

Fiscal Classification Type Code:Name:

Effective from:DD-

MMM-YYYYEffective to:

DD-MMM-YYYY

Associated Regimes:

Used inRegiem Code

Name

item exceptions

Effective from

Effective to

DD-MMM-YYYY

DD-MMM-YYYY

DD-MMM-YYYY

DD-MMM-YYYY

DD-MMM-YYYY

DD-MMM-YYYY

DD-MMM-YYYY

DD-MMM-YYYY

Fiscal




Classification Codes:




Setup eB-Tax: Define Party Classification

eBusiness TAX>Parties>Party Classsification<Klantname>Process:







<Party Classification Types>

Tax Code =

Party Classification:

Levels:




Associated Regimes:

Regiem Code

Name

Effective from

Effective toDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYY

Fiscal Classification Codes:

Fiscal Classification Code Name

Effective from

Effective toDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYY




Setup eB-Tax: Define Transaction Fiscal Classification

eBusiness TAX>Transactions>Transaction Fiscal Classsification<Klantname>Process:







<Transaction Classification Types>

Tax Code =

Levels:




Associated Regimes:

Regiem Code

Name

Effective from

Effective toDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYY

Fiscal Classification Codes:

Fiscal Classification Code Name

Effective from

Effective toDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYYDD-

MMM-YYYY




Setup eB-Tax: Define Tax Determining Factor Sets

eBusiness TAX>Advanced Setup Options>Tax Determining Factor Sets<Klantname>Process:







<Tax Determining Factor Sets>

Tax Code =

Tax Determining Factor Set:Name:

Set Usage:

Ledger:

Regiem Code:

Associated Tax Determining Factors:

Determing Factor Class

Class Qualifier

Determining Factor Name

Required(Y/N)

(Y/N)

(Y/N)

(Y/N)




Setup eB-Tax: Define Tax Condition Sets

eBusiness TAX>Advanced Setup Options>Tax Condition Sets<Klantname>Process:







<Tax Condition Sets>

Tax Code =

Tax Condition Set:

Name:

Determining Factor Set:

Country:




Open and Closed Issues for this Deliverable1. Add open issues that you identify while

writing or reviewing this document to the open issues section. As you resolve issues, move them to the closed issues section and keep the issue ID the same. Include an explanation of the resolution.

When this deliverable is complete, any open issues should be transferred to the project- or process-level Risk and Issue Log (PJM.CR.040) and managed using a project level Risk and Issue Form (PJM.CR.040). In addition, the open items should remain in the open issues section of this deliverable, but flagged in the resolution column as being transferred.

Open Issues

ID Issue Resolution Responsibility Target Date Impact Date

Closed Issues

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Oracle R12 EBTax BR100