Oracle E-business tax – How to create a rule to make tax calculate differently

1. Oracle E-business tax – How to create a rule to make tax calculate differently Andrea Auld Senior Principal InstructorOracle UniversityOctober 22, 2018 Confidential – Oracle Internal/Restricted/Highly Restricted

2. What you’ll learn • In this presentation we will cover: • Basic EBTax setup – Regime, Tax, Status, Rate, Jurisdiction, Defaults for the steps of the Tax Determination process • Creating a rule to make tax not applicable if the account segment of the charge account meets specific criteria -Creating a Determining Factor Set -Creating a Condition Set -Creating a rule on the Determine Tax Applicability Step -Testing the Rule to assure that no tax line is generated.

3. E-business Tax Party Tax Profile

4. E-business Tax Tax Regime/Regime to Rate Flow

5. E-business Tax - Tax Regime/Regime to Rate Flow

6. E-business Tax - Tax Regime Definition

7. E-business Tax - Tax Regime Definition

8. E-business Tax - Tax Definition

9. E-business Tax - Tax Definition

10. E-business Tax - Tax Status Definition

11. E-business Tax - Tax Jurisdiction Definition

12. E-business Tax - Tax Jurisdiction Definition

13. E-business Tax - Tax Rate Definition

14. E-business Tax - Tax Rate Definition

15. E-business Tax – Steps of the Tax Determination Process

16. E-business Tax – Rules on a Step of the Tax Determination Process

17. E-business Tax – AP invoice with no line for STATE Tax

18. E-business Tax – AP invoice with no line for STATE Tax

19. E-business Tax – Tax Determining Factor Set

20. E-business Tax – Tax Condition Set

21. E-business Tax – Tax Rule on the Determine Tax Applicability Step

22. E-business Tax – Tax Rule on the Determine Tax Applicability Step

23. E-business Tax – Tax Rule on the Determine Tax Applicability Step

24. E-business Tax – Tax Rule on the Determine Tax Applicability Step

25. E-business Tax – AP invoice with a line for STATE Tax because of rule

26. E-business Tax – AP invoice with a line for STATE Tax because of rule

27. Some additional resources • Oracle Ebusiness Tax documentation (user guide, admin guide, implementation guide • Oracle University’s E-business tax class

28. Summary In this presentation you learned about: • Basic EBTax setup – Regime, Tax, Status, Rate, Jurisdiction, Defaults for the steps of the Tax Determination process • Creating a rule to make tax not applicable if the account segment of the charge account meets specific criteria -Creating a Determining Factor Set -Creating a Condition Set -Creating a rule on the Determine Tax Applicability Step -Testing the Rule to assure that no tax line is generated.