E-Business Tax in R12 Building Complex Rules

February 25, 2011 (3:00 3:45 PM)

Presented By

Ashish Nagarkar
anagarka@astcorporation.com

Agenda
Oracle E-Business Tax
Introduction to E-Business Tax
Architecture & Key Concepts
Tax Processing Overview
Tax rules guided flow
Tax Rule Examples
Q&A

Oracle E-Business Tax

Introduction

New Product

Infrastructure for Tax Knowledge Management

Global System Architecture

Configurable and Scalable

Single Point Solution

Tax Service to all E-Business Suite Business Flows

One Application Interface

Agenda
Oracle E-Business Tax
Introduction to E-Business Tax
Architecture & Key Concepts
Tax Processing Overview
Tax rules guided flow
Tax Rule Examples
Q&A

Oracle E-Business Tax

Architecture Overview

Oracle E-Business Tax

Key Concepts

Oracle E-Business Tax

Key Concepts

Oracle E-Business Tax

Key Concepts

Oracle E-Business Tax

Key Concepts

Oracle E-Business Tax

Regime to Rates Flow with US Sales Tax

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Agenda
Oracle E-Business Tax
Introduction to E-Business Tax
Architecture & Key Concepts
Tax Processing Overview
Tax rules guided flow
Tax Rule Examples
Q&A

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Oracle E-Business Tax

Tax Processing Overview

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Oracle E-Business Tax

Tax Processing Overview

Legal Entities
First and Third Party
Ship From / To, Bill
From / To, etc.

Capture First and Third

Party

Tax Registrations
Classifications

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Oracle E-Business Tax

Tax Processing Overview

Party Locations
Define and Validate Party
Locations

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Oracle E-Business Tax

Tax Processing Overview

Type (Physical Nature)

Categories
Fiscal Classifications
Intended Use

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Oracle E-Business Tax

Tax Processing Overview

Document Type
Transaction Business
Categories
Transaction Fiscal
Classifications

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Agenda
Oracle E-Business Tax
Introduction to E-Business Tax
Architecture & Key Concepts
Tax Processing Overview
Tax Rules Guided Flow
Tax Rule Examples
Q&A

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Oracle E-Business Tax

Tax Rules Guided Flow

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Create Tax Rule

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Create Tax Rule

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Oracle E-Business Tax

Product Fiscal Classifications Flow

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Oracle E-Business Tax

Tax Determination Service Flow

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Oracle E-Business Tax

Tax Determining Factors

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Oracle E-Business Tax

Tax Determining Factors

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Oracle E-Business Tax

Rules - Example

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Oracle E-Business Tax

Rules - Example

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Oracle E-Business Tax

Tax Determination Services Solution Overview

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Oracle E-Business Tax

Tax Determination Services Solution Overview

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Agenda
Oracle E-Business Tax
Introduction to E-Business Tax
Architecture & Key Concepts
Tax Processing Overview
Tax Rules Guided Flow
Tax Rule Examples
Q&A

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Tax Rules Example 1

Self Assessed Tax

First Party Based in NY

Third Party Registered in NY and not registered in NY

Sales Tax -- If Vendor is from NY

Self Assessed Tax If Vendor is NOT in NY

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Tax Rules Example 1

Third Party Registration

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Tax Rules Example 1

Create a vendor (Registered out of state)

Register for Self Assessed Tax

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Tax Rules Example 1

First Party Tax Profile

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Tax Rules Example 1

Third Party Tax Profile

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Tax Rules Example 1

Regular Tax calculated when vendor is in State, NY

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Tax Rules Example 1

Self Assessed Tax calculated when vendor is NOT in State, NY

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Create Tax Rule

Guided Tax Rule Entry
(No Tax for Service Items)

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Tax Rules - 2
Scenario

Tax is 0% for Items belonging to category 330.10

Setup
Define Product Fiscal Classification
Define Tax Determining Factor Set
Define Condition Set
Create Expert Rule Entry
Create an item with category 330.10

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Fiscal Classifications
Product Fiscal Classifications

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Product Fiscal Classifications

What is a Product Fiscal Classification?

A Product fiscal Classification is a classification of products
according to their tax requirements, for tax determination and
tax reporting purposes.
It is based either on Oracle Inventory Category Sets or EBusiness Tax Product Categories.

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Fiscal Classifications

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Define Fiscal Classifications

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Tax determining Factor Set

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Define Condition Set

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Expert Rule Entry

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Create an Expert Rule

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Agenda
Oracle E-Business Tax
Introduction to E-Business Tax
Architecture & Key Concepts
Tax Processing Overview
Tax Rules Guided Flow
Tax Rule Examples
Q&A

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Questions and Answers

Questions and Open Discussions

Contact Information

Ashish Nagarkar
Email: anagarka@astcorporation.com
Phone: 630-778-1180

For Presentation Copy Visit

www.astcorporation.com/papers
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