what is the tax levels in AP?

Answer Posted / kranthioracle

there are three levels.Header,Line,Tax code

if u give tax to be calculated at header level
----------------------------------------------
System will calulate tax based on INVOICE amount in INVOICE
window.

if u give tax to be calculated at line level
----------------------------------------------
System will calulate tax based on DISTRIBUTION amount in
DISTRIBUTION window .

there is no much difference between LINE& TAX CODE
--------------------------------------------------
ONLY DIFFERENCE IS calculate tax, and then round the tax
amount.


WHERE AS LINE LEVEL calculate tax for each distribution,
round the tax amount, then add the tax amounts.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie

2152


Explain about Localization (IND & US ) in Oracle Apps ?

2701


What kind of budgets have you worked on?

1874


I am traying to access oracle functiona/ technical interview questions asked by the consultancy "infosys", but i cant find anything when i go the to the links, i need the oracle erp techno functiona questions pls, Thanks, in advance Tovia

1903


Payables Applications Technical Reference Manual

2030






I am working on PPR process to print checks. Currently the checks are printing for each supplier, supplier site and payment method group. My requirement is the invoice level one DFF is available (like A and B are the input values). Please let me know how include this DFF at invoice grouping level.

1114


Give examples & explain the below mentioned activity. "Analyzing the documents provided by the client and thereby identifying the test cases to be tested for the application assigned (FA, AP and GL)"

1761


what is the meaning of purchase default and what are the types

1674


can any one tell me what exactly functional consultant do on daily basis? client requirements?

524


can we define 2 different currency revaluation at a time??

1897


What is Reporting of financial data in a project.

1611


How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12

6548


When we run a GL Reconciliation Report, we also see the void payments in that report. Even though i disable the option of Show Void payments, its appearing in the report.How do i proceed so that i dont see those void payments in the GL Reconciliation Report?

2458


encumbrence set ups?

2077


What is multi org? What is difference between 11i and 12i multi org structure?

644