Verify Tax Setup (Oracle Receivables Help)


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Verify Tax Setup

Enter Taxable Invoices

Enter an invoice in the Transactions window. Be sure to assign a transaction type that has the Calculate Tax field set to Yes. Save the invoice. Navigate to the Tax window for each line and ensure that the correct tax authority and rate is displayed as well as the tax amount.

Enter Exempt Invoices

Define a customer exemption. Create an invoice for this customer, including a taxable line item. Save the invoice.

Navigate to the Tax window and check that a zero tax line was created. If the tax amount is not zero, check the following fields in the Tax Exemptions window:

Field Name Setting

Tax Code Sales Tax

Percent Exempt 100%

Start Date Before the transaction date of the invoice

End Date After the transaction date of the invoice

Certificate Number Optional

Reason Reason for exemption

Status Primary

Table 1 - 66. (Table 1 of 1)

Field Name	Setting

Tax Code	Sales Tax
Percent Exempt	100%
Start Date	Before the transaction date of the invoice
End Date	After the transaction date of the invoice
Certificate Number	Optional
Reason	Reason for exemption
Status	Primary
Table 1 - 66. (Table 1 of 1)

Interface Exempt Invoices

Use AutoInvoice to import an invoice that includes an unapproved customer exemption.

Using the Transaction window, verify that the tax rates on the generated tax lines are zero.

Using the Tax Exemptions window, verify that an Unapproved customer exemption has been created at the Bill-To Customer level.

Enter International Invoice

Enter an invoice for a customer with an international ship-to address. Save the invoice. Navigate to the Tax window for each line and check that your International tax code is displayed and verify that the tax amount calculated is zero.

Run the US Sales Tax Report