Tax calculations on Intercompany AGIS Journals
(Doc ID 2443690.1)
Last updated on OCTOBER 12, 2023
Applies to:Oracle Fusion General Ledger Cloud Service - Version 11.13.18.02.0 and later
Information in this document applies to any platform.
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?
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