In release 12, how can we use Taxware for Project Accounting tax calculation?
Last updated on JULY 14, 2017
Applies to:Oracle Receivables - Version 12.0.0 to 12.0.7 [Release 12.0]
Information in this document applies to any platform.
Project Accounting does not use tax codes. PA generates revenue entries to GL against "Unbilled Receivable". If tax is based on the type of revenue (prof. services, R&D, maintenance, etc.), and given that the PA invoice's revenue against "unbilled receivable" and not against a "real" revenue line, how can we determine tax calculation? Further, on a fresh R12 install (as opposed to an upgraded from Release 11i instance) we cannot use any tax classification codes. How to integrate Taxware and Project Accounting (PA) for tax calculation?
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