E-Business Tax provides predefined event class settings for each combination of application and event class. Event class settings provide a means of standardizing the interaction between E-Business Tax and other applications. E-Business Tax responds to specific application transaction events, such as a Payables invoice or a Receivables credit memo, according to the predefined settings of each application event class. In this way, E-Business Tax can determine and calculate taxes without requiring access to each product.
Use the Event Class Settings pages to review the event class mappings and event class options, including default tax options, for each event class. The event class settings provide the information about the tax determination process that is used for transactions belonging to each event class.
This table lists the event classes that are applicable to E-Business Tax:
| Application | Event Class |
|---|---|
| Payables | Standard Invoices |
| Payables | Prepayment Invoices |
| Payables | Expense Reports |
| Purchasing | Requisition |
| Purchasing | Purchase Order and Agreement |
| Purchasing | Release |
| Receivables | Invoice |
| Receivables | Credit Memo |
| Receivables | Debit Memo |
| Trade Management (source application) | Tax Event for Claims Interfacing to AP |
| Trade Management (source application) | Tax Event for Claims Interfacing to AR |