R12.2 Oracle E-Business Tax Fundamentals (D87495) – Outline

Detailed Course Outline

Oracle E-Business Tax Overview

• E-Business Tax key concepts
• Tax Determination Management
• Integration within Oracle E-Business Suite

Part 1: Oracle E-Business Tax Basic Tax Configuration

• E-Business Tax Architecture
• E-Business Tax Configuration Flow
• Tax Users
• Taxes
• Legal Entity
• Lookup Codes
• Regime-to-Rate Flow for US Sales Tax
• Regime-to-Rate Flow for UK VAT

Part 1: Setting Up Tax Rules

• Rule Engine
• Tax Rule Defaults
• Tax Accounts
• Make Tax Available on Transactions
• Oracle Tax Simulator
• Oracle Tax Simulator
• Tax Rules Entry

Part 2: Setting Up Tax Rules

• E-Business Tax Architecture
• E-Business Tax Homepage
• Determining Factor
• Tax Determining Factor
• Tax Registrations
• Tax Determination Set Setup for Tax Rules
• Regime Determination Set Setup
• Tax Formula Setup

Configuration Owners and Event Class Settings

• E-Business Tax Home Page – Configuration Owner & Options
• Tax Configuration Ownership
• Configuration for Taxes and Rules
• Configuration for Product Exceptions
• Legal Entity and Operating Unit Configuration Options
• Configuration Options Setup
• Event Classes
• Configuration Owner Tax Options

Managing Party Tax Profiles

• E-Business Tax Home Page – Party Tax Profiles
• Party Tax Profile
• First Party Legal Entity Tax Profile
• First Party Legal Establishment Tax Profile
• Operating Unit Tax Profile
• Tax Authority Tax Profile
• Tax Registrations
• Importing Customer Tax Information

Fiscal Classifications

• E-Business Tax Architecture
• E-Business Tax Home Page – Fiscal Classifications
• Party Fiscal Classifications
• Guided Tax Rule Entry
• Legal Party Fiscal Classifications
• Product Fiscal Classifications
• Tax Exemptions
• Product Tax Exceptions

Tax Recovery

• E-Business Tax Architecture
• E-Business Tax Homepage – Tax Recovery
• Value Added Tax Overview
• Regime-to-Rate Flow with UK VAT
• Tax Recovery Rates
• Rule Engine – Recovery Rate
• Tax Recovery Processing

Part 2: Oracle E-Business Tax Basic Tax Configuration

• E-Business Tax Architecture
• E-Business Tax Home Page – External Dependencies & Tax Configuration
• Basic Tax Configuration – Additional Setup Options
• TCA Geography Hierarchy
• Tax Zone Setup

Managing Taxes on Transactions

• E-Business Tax Architecture
• Payables Transactions
• Receivables Transactions
• Receivables Transactions – Debit and Credit Memos
• Intercompany Transactions
• Managing Detail Tax Lines
• Managing Summary Tax Lines
• Managing Tax Distributions

Self-Assessment and Offset Taxes

• Self-Assessment Setup
• Offset Taxes

Example: Determining Tax Rule Components Based on Tax Regulations

• E-Business Tax Homepage – Tax Rules
• Rules in Detail Example UK Rules Setup (Intra EU Sales)
• UK Rules Setup - Intra EU Sales
• Rules in Detail Example Summary UK Rules Setup (Intra EU Sales)
• Tax Rules – Expert Rule Entry
• Tax Reporting Types

Tax Reporting Ledger

• E-Business Tax Home Page – Requests
• Tax Reporting
• Tax Reporting Ledger
• XML Publisher
• E-Business Tax Reports
• EMEA VAT Reports
• Latin American Tax Reports
• Asia/Pacific Tax Reports