E1: FIN: Self-Assessed Tax (Tax Expl. Code U) And Tax Rules By Company (P0022) (Doc ID 1946648.1)

Last updated on MAY 31, 2016

Applies to:

JD Edwards EnterpriseOne Accounts Payable - Version 9.1 and later
JD Edwards EnterpriseOne Accounts Receivable - Version 9.1 and later
JD Edwards EnterpriseOne Procurement and Subcontract Management - Version 9.1 and later
JD Edwards EnterpriseOne Sales Order Management - Version 9.1 and later
JD Edwards EnterpriseOne General Ledger - Version 9.1 and later
Information in this document applies to any platform.

Symptoms

Currently JD Edwards EnterpriseOne does not have functionality to set up tax rules by company and tax explanation code, only by company and module (A/R, A/P, G/L).

In certain states there is a requirement to set up sales tax so that the tax amount is calculated before discount, on the gross amount. The only exception is if the supplier does not bill you, and you self-accrue and pay the tax, this is consider Use Tax and the tax amount should be calculated after the discount amount, on the net amount.

 

Cause

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