How to Create Tax Setup Using the Tax Implementation Workbook ?
(Doc ID 2690621.1)
Last updated on JULY 24, 2020
Applies to:Oracle Fusion Tax - Version 18.104.22.168.0 and later
Information in this document applies to any platform.
This example shows how to create organization-specific tax regime subscriptions and tax rules using the Tax Implementation Workbook.
Scenario: You own a single business unit in the US used in processing payables invoices. You need to calculate US sales tax on these transactions. You have already created the tax regime for the US sales tax. Now, you want to:
Assign this business unit to the tax regime.
Set up a basic tax rule.
The following table summarizes key decisions for this scenario:
Decision to Consider
In This Example
What tax setup are you creating?
Tax regime subscription
Do you have an existing legal entity or business unit you want to subscribe to this tax regime?
Yes, a business unit
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In this Document