ER: Separate VAT Calculation Result Line
(Doc ID 2456961.1)
Last updated on OCTOBER 08, 2018
Applies to:Oracle Health Insurance Enterprise Policy Administration - Version 220.127.116.11.0 and later
Information in this document applies to any platform.
It should be possible to distribute the value-added tax (VAT) in more detail. A separate VAT calculation result line needs to be created for the product, add-ons and adjustments, so that they can easily be split up on billing specifications and for reinsurance purposes. For financial purposes it is also important that there are separate financial transaction details so that for example the VAT of the admin fee (adjustment) and the VAT of the product (premium) can be easily assigned to separate general ledger accounts.
This functionality should replace the temporary solution that is currently in place because that solution only supports the Thiqa product(s) (having a zero amount premium and only one adjustment: the admin fee).
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