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How to Setup and Troubleshoot a Product Fiscal Classification (Inventory Based) Tax Rule in R12 E-Business Tax (EBTax) (Doc ID 1107666.1)

Last updated on APRIL 12, 2018

Applies to:

Oracle E-Business Tax - Version 12 and later
Oracle Receivables - Version 12.2.3 to 12.2.3 [Release 12.2]
Oracle General Ledger - Version 12.2.6 to 12.2.6 [Release 12.2]
Information in this document applies to any platform.

Goal

E-Business Tax (EBTax) Information Center > Rules > How Tax Determining Factors Work in R12 E-Business Tax > Note 1107666.1

What steps are required to create a Product Fiscal Classification Tax Rule in R12 E-Business Tax (EBtax)?


Solution

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In this Document
Goal
 E-Business Tax (EBTax) Information Center > Rules > How Tax Determining Factors Work in R12 E-Business Tax > Note 1107666.1
Solution
 1.  What is a Product Fiscal Classification (Inventory Based)?
 2. What is a Determining Factor?
 3.  Create an Inventory Category and assign to an inventory item
     a. Create A Value Set
     b. Create Values for the Value Set
     c. Create a New Inventory Category
     d. Add the Values as Valid Category Codes
     e. Create the Inventory Category Set
     f. Assign the Category to an Inventory Item
 4. Create a Product Fiscal Classification Based Upon The Item Category
 5. Create a rule based on the Product Fiscal Classification
     a. Create a Determining Factor Set
     b. Create a Condition Set
     c. Create an Expert Rule
 6  Test the Rule
 7. Multi-Level Setup
 8. Multi-Segment Item Categories
 9. Additional Examples of Rules using Product Fiscal Classifications
 10. Critical Patching Recommendation
 11. Basic Troubleshooting
     a. Third Party Tax Engine(Vertex/Taxware)   
     b. Check Setup
     c. Review Reported Defects (Bugs)
References

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