How to Configure Taxation at Billing Time to Get Separate Balance Impacts Entries
Last updated on DECEMBER 01, 2016
Applies to:Oracle Communications Billing and Revenue Management - Version 22.214.171.124.0 and later
Information in this document applies to any platform.
Is there any out-of-box configuration to configure taxation at billing time, but to get separate balance impacts entries considering below scenario?
Tax calculation is configured at billing time. Each event is passed in separately at the billing time to calculate and store tax (if the customer has more than one monthly cycle forward (MCF) charges with same tax code, then at billing time each MCF should be calculated tax and store separate event balance entry i.e. similar to event time taxation)
1. configure a product (A) with MCF $100, 10% flat tax, tax code - ASPFB, tax when - End of Cycle.
2. configure a product (B) with MCF $200, 10% flat tax, tax code - ASPFB, tax when - End of Cycle.
3. Create account which have both the products ( A & B )
4. Advance One month and run billing
Tax should be applied at bill time for both the MCF products (A&B) and 2 tax event ball impacts entries should be created separately with RATE_TAG as "TAX”.
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