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. These rules can be as complex as necessary to meet the specific requirements and exceptions faced by your organization. In this way, E-Business Tax migrates the tax decision making responsibility from your users who enter transactions, to the tax experts at your enterprise.
When you enter transactions, select the Tax button to review the taxes that E-Business Tax calculates. The Detail Tax Lines window displays data directly from the E-Business Tax repository. Manual changes to existing tax lines, as well as the ability to enter new tax lines, are strictly controlled by the E-Business Tax responsibility, profiles, and security.
Prerequisites
Set up tax
Navigate to the Transaction or the Transactions Summary window.
Query the transaction to view.
To enter or review tax information for this transaction, choose Tax.
To enter or review tax information for a specific invoice line, choose Line Items, select the line to view, then choose Tax.
Suggestion: To enter or review tax information for all of your transaction lines, choose For this Document.
Choose Tax Information to navigate to the Additional Tax Determining Factors window.
Use the Additional Tax Determining Factors window to review and enter additional tax information on Receivables transaction lines.
See: Entering Additional Determining Factor Information on Receivables Tax Lines.
Other Sources
Oracle E-Business Tax User Guide
Oracle E-Business Tax Implementation Guide