Receivables lets you review tax information for your credit memo lines in the Detail Tax Lines window.

Oracle Receivables uses Oracle E-Business Tax as its tax engine. E-Business Tax provides a single set of application features that manage tax calculations for Receivables. Additionally, E-Business Tax is the repository of all tax-related data.

E-Business Tax calculates tax according to predefined rules and a universe of data points from your transactions and transaction lines. Oracle E-Business Tax always attempts to calculate tax on credit memos, according to its predefined rules and the data existing on the credited transaction.

Prerequisites

• Set up tax

  See: Setting Up Taxes in Oracle E-Business Tax.

• Enter credit memos

• Credit transaction lines

To review tax information for your credit memo lines:

1. Navigate to the Credit Transactions or the Transactions Summary window.

2. Query the credit memo to view.

3. If you are in the Transactions Summary window, choose Open.

   If you are in the Credit Transactions window, choose Credit Lines.

4. Choose Tax.