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How to Calculate Tax Using Specific Tax Rate in a AR Sales Invoice Based on AR Transaction Type ? (Doc ID 2702061.1)

Last updated on AUGUST 16, 2023

Applies to:

Oracle E-Business Tax - Version 12.1.3 and later
Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.


How to calculate tax using specific tax rate in an AR Sales Invoice based on AR Transaction Type ?

1. Tax Classification Code - 'TRX TYPE RATE_A' (Tax Rate @ 5%) should apply on AR Sales Invoice when AR Transaction Type - 'Inv-Consult-East' is used in the transaction.  


2. Default Tax Rate - 'TRX RATE' (Tax Rate @ 10%) should apply when AR Sales Invoice is created with any AR Transaction Type other than AR Transaction Type - 'Inv-Consult-East'


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