Tax calculations on Intercompany AGIS Journals (Doc ID 2443690.1)

Last updated on OCTOBER 12, 2023

Applies to:

Goal

On : 11.13.18.02.0 version, Create and Manage Journals

AGIS: Can Tax Calculated for AGIS Journals If They Do Not Require Invoicing?

We will have some intercompany transactions that requires tax calculation. As we implemented only GL module, no subledger (i.e AP and AR),
all intercompany transactions will be posted to Oracle GL only. They will be using AGIS to manage intercompany transactions.
In this case,if there're tax applicable to intercompany transactions:

Question 1: Can tax calculation applied for these inter company transactions?
Question 2: Is there any fields that can help track the tax information? Will it auto-generate the tax journal lines and feed to GL?
 

Solution

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.