Oracle Applications

Oracle for Beginners

E-Business Tax Setup: External Depedencies

Posted by shameemakhtar on July 2, 2009

Platform: R12

External Dependencies

E-Business Tax Setup - External Dependencies

E-Business Tax Setup - External Dependencies

E-Business Administrator –> Home

When you navigate to the E-Business Tax Homepage, you will see a task list that need to be configured before you can use tax in any module.

The task list is broken down in 2 major sections:

  1. External Dependencies
  2. Tax Configuration

External Dependencies refers to setups on other applications that need to be completed before we can complete with tax configuration.

External Dependencies:

  1. Create First Party: Legal Entity and Establishments. This is a required step. You need to create a legal entity and an establishment
  2. Create Reporting and Collecting Tax Authorities. You need to have at least one Legal Authority defined. You can set the Legal Authority as Reporting and Collecting Tax Authorities. In some cases these may be two separate Legal Authorities.
  3. Create User Extensible Tax Lookup Codes. Preset values already exist. You may decide to alter/add values according to your own requirements.
  4. Create Item Category sets. This is at Inventory level.
  5. Create Item Categories. This is at inventory level.
  6. Create Party Class Category.
  7. Create Class Category Codes.
  8. Create Geography. If you have taxes that vary depending on geographical location, then you need to configure geography. This setup will be specific to country requirements where the Operating Unit has transactions.
  9. Create Tax Zone Types. You can go at levels lower than country level also in case taxes vary within a country (from state to state for example).

In this long list, only the first two tasks are required in all cases.

Shameem Bauccha

1 July 2009

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