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E1: 48S/52: FAQ: Frequently Asked Questions Regarding Tax Calculation in Billing (Doc ID 662506.1)

Last updated on MARCH 12, 2021

Applies to:

JD Edwards EnterpriseOne Contract and Service Billing - Version 8.0 and later
Information in this document applies to any platform.

Purpose

The Purpose of this Document is to Answer Frequently Asked Questions Regarding Tax Calculation in Billing

Questions and Answers

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In this Document
Purpose
Questions and Answers
 Question 1. Is there a way to calculate tax at a work order level or is it just at a contract or project/job level?  Is this different than Service Billing?
 Question 2. Why is VAT tax is not being calculated on cost amount plus component amounts? It only calculates on the cost amount of the invoice.
 Question 3. When Service Contracts are invoiced, why does the transaction being written to the Vertex tax register have the start date from the Service Contract header as the invoice date, instead of the actual invoice date. This makes it impossible to get accurate reports from VERTEX based on Invoice Date and also makes it difficult to reconcile with the General Ledger.
 Question 4.   Does Contract Billing link with Indian localization for taxes?
  Question 5:  How are the tax fields (TXA1) on the Contract Master (P5201) and the Billing Detail Revisions  (P5202) when using Vertex?
How does this differ is multiple Business Units with individual geocodes are included on the Billing Line Revisions?
  Question 6: Does Contract Billing update the F0018 table for Vertex Transactions?
 Question 7:  If the Contract Master (P5201) or Billing Line Revision (P5202) are set up with Tax Explanation Code of E for exempt, an error is received on the Post (R09801E and in the Workcenter that the RT Automatic Accounting Instruction (AAI) for company (xxxx) and GL offset XXX does not exist. How can this to resolved?

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