Last updated on APRIL 13, 2016
Applies to:Oracle Receivables - Version 12.0.6 and later
Information in this document applies to any platform.
Consider this Scenario:
There are two (2) types of Default Recovery Settlements in eBTax:
• Immediate - Tax recovery is available at invoicing
• Deferred - Tax recovery is available only after the invoice is paid
You want to have a Tax defined where the Recovery is full 100%, but this recovery is to be considered in Installments over a period of time.
An example, is that for a particular Sales Tax on a capital good being purchased, the sales tax recovery that one can avail is 50% at the transaction date and the balance 6 months from the date of transaction.
Is this possible to be configured in eBTax?
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