![3/17/2016 Document 562809.1
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How To Create A Basic Setup Configuration Of EBTax In Purchasing And Test It In
Purchase Order Documents? (Doc ID 562809.1)
Modified: 25Feb2015 Type: HOWTO
In this Document
Goal
Solution
CREATE REGIME
CREATE TAX
CREATE TAX STATUS
CREATE TAX JURISDICTIONS
CREATE RATE
CREATE TAX RULES
MAKE TAX AVAILABLE FOR TRANSACTION
APPLIES TO:
Oracle Purchasing Version 12.0 to 12.2.4 [Release 12 to 12.2]
Information in this document applies to any platform.
GOAL
This document has the purpose to help users to create and test a basic setup for a Sales tax applied in a purchase
order using EBTax functionality.
Process start creating the regime, tax, tax status, jurisdiction, rate, tax rules and finish making the Tax Available For
Transactions. Then, create a standard purchase order in Oracle Purchasing to be sure the tax is calculated properly.
Note that this configuration is for testing purposes and is not intended to replace any EBTax configuration manual or
user's guide.
SOLUTION
CREATE REGIME
Go to Tax Administrator Responsibility > Tax Regimes > Create](https://image.slidesharecdn.com/howtocreateabasicsetupconfigurationofebtaxinpurchasing-160317125837/85/How-to-create-a-basic-setup-configuration-of-eb-tax-in-purchasing-1-320.jpg)
How to create a basic setup configuration of eb tax in purchasing
- 1. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 1/16 How To Create A Basic Setup Configuration Of EBTax In Purchasing And Test It In Purchase Order Documents? (Doc ID 562809.1) Modified: 25Feb2015 Type: HOWTO In this Document Goal Solution CREATE REGIME CREATE TAX CREATE TAX STATUS CREATE TAX JURISDICTIONS CREATE RATE CREATE TAX RULES MAKE TAX AVAILABLE FOR TRANSACTION APPLIES TO: Oracle Purchasing Version 12.0 to 12.2.4 [Release 12 to 12.2] Information in this document applies to any platform. GOAL This document has the purpose to help users to create and test a basic setup for a Sales tax applied in a purchase order using EBTax functionality. Process start creating the regime, tax, tax status, jurisdiction, rate, tax rules and finish making the Tax Available For Transactions. Then, create a standard purchase order in Oracle Purchasing to be sure the tax is calculated properly. Note that this configuration is for testing purposes and is not intended to replace any EBTax configuration manual or user's guide. SOLUTION CREATE REGIME Go to Tax Administrator Responsibility > Tax Regimes > Create
- 2. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 2/16 Main Details Field Value Tax Regime Code NAME US REGIME
- 3. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 3/16 Name NAME US REGIME Regime Level Country Country Name United States Effective From 01Apr2008 Parent Regime Code Used To Group Regimes No Click on Show Controls And Defaults Default and Control Level Details Field Value Allow Tax Recovery No Allow Override and Entry of Inclusive Tax Lines Yes Allow Tax Exemptions Yes Allow Tax Exceptions Yes Tax Currency USD Minimum Accountable Unit 0.01 Rounding Rule Nearest Tax Precision 2 Allow Multiple Jurisdictions No Exchange Rate Type Reporting Tax Authority Collecting Tax Authority
- 4. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 4/16 Click on Continue button Field Value Party Name Vision Operations – Operating Unit Configuration for Tax & Rules Common Configuration Configuration for Products Exception Common Configuration Effective From 01Apr2008
- 5. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 5/16 Click on Finish CREATE TAX Click on Taxes > Create Field Value Tax Regime Code NAME US REGIME Configuration Owner Global Configuration Owner Tax Source Create a New Tax Tax NAME US TAX Tax Name NAME US TAX
- 6. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 6/16 Tax Type Sales Geography Type State Parent Geography Type Country Parent Geography Name United States Set as Offset Tax No Set for Reporting Purpose only No Click on Show Controls And Defaults Field Value Allow Tax Inclusion Allow Override and Entry of Inclusive Tax Lines Yes Allow Tax Rounding Override Yes Allow Override for Calculated Tax Lines Yes Use Legal Registration Number No Allow Duplicate Tax Registration Number No Allow Multiple Jurisdictions Yes Allow Mass Create of Jurisdictions Yes Allow Tax rate Rules Yes
- 7. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 7/16 CREATE TAX STATUS Field Value Tax Regime NAME US REGIME Tax NAME US TAX Tax Status Code NAME US STATUS Name NAME US STATUS Effective From 01Apr2008 Set as Default Tax Status Yes Default Status Effective From 01Apr2008 Click on Apply button CREATE TAX JURISDICTIONS
- 8. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 8/16 Field Value Tax Jurisdiction Code NAME US JURISDICTION Name NAME US JURISDICTION Tax Regime Code NAME US REGIME Tax NAME US TAX Geography Name CA Effective From 01Apr2008 Set as Default Jurisdiction Yes Effective From 01Apr2008 Click on Apply button CREATE RATE
- 9. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 9/16 Field Value Tax Regime Code NAME US REGIME Configuration Owner Global Configuration Owner Tax NAME US TAX Tax Status Code NAME US STATUS Tax Rate Code NAME US RATE Tax Jurisdiction Code NAME US JURISDICTION Rate Type Percentage Effective From 01Apr2008 Percentage Rate 5.5 Click on Rate Details icon
- 10. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 10/16 Field Value Set As Default Yes Default Effective Date 01Apr2008
- 11. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 11/16 CREATE TAX RULES Field Value Configuration Owner Global Configuration Owner Tax Regime Code NAME US REGIME Tax NAME US TAX Click on Go button Click on Pencil icon in column Set Default to change defaults Field Name Determine Place of Supply Ship to, use bill to if ship to is not found Determine Tax Applicability Applicable Determine Tax Registration Ship to, use bill to if ship to is not found Determine Tax Status NAME US STATUS Determine Tax Rate NAME US RATE Determine Taxable Basis STANDARD_TB
- 12. 3/17/2016 Document 562809.1 https://support.oracle.com/epmos/faces/DocContentDisplay?_adf.ctrlstate=kp7esh8f3_430&id=562809.1 12/16 Calculate Tax Amounts STANDARD_TC MAKE TAX AVAILABLE FOR TRANSACTION Click on Taxes menu Search for NAME US TAX under Country – United States Click on Update pencil icon Click on Make Tax Available For Transactions Click on Apply button See the following warning: