In this workshop you will learn how Oracle R12's new E-Business Tax impacts Oracle Financials. You will learn the basic setups of E-Business Tax and how those setups affect the tax outputs. You'll discover how to use the E-Business tax screens to setup new tax regimes, statuses, and jurisdictions. During the workshop you will enter a sample invoice in the AP module to see how the appropriate taxes are calculated on an invoice.
Workshop Overview
By the end of the course you will be able to:
Determine how tax setups in Oracle E-Business Tax impact financial modules
Set up basic tax configurations in Oracle E-Business Tax
Apply taxes to an invoice
Prerequisite knowledge and skills:
Basic knowledge of Oracle AP (Accounts Payable)
Basic knowledge of Oracle AR (Accounts Receivable)
Recommended audience:
Accounts Payable processors and managers
Accounts Receivable processors and managers
Financial Analysts and General Ledger specialists
Workshop Agenda
DAY 1
Introducing Oracle R12
Overview of new concepts, features, in Oracle R12
Identifying the Oracle R12 modules impacted by E-Business Tax
Trace flow of tax in Order to Cash business flow
Trace flow of tax in Procure to Pay business flow
Setting up the Basic Tax Configurator
Evaluating Your Tax Configuration
Understanding Tax Regulations
Tax Regimes
Setting Up Taxes
Tax Status
Tax Rates
Tax Recovery Rates
Tax Reporting Types
Tax Jurisdictions
Tax Accounts
Tax Zones
DAY 2
Setting Up and Using Tax Rules
Tax Rules in Oracle eBusiness Tax
Tax Authority Regulations and Tax Rules
Tax Determination Processing
Tax Recovery Processing
Setting Up Tax Rules
Managing Tax Profiles and Registrations
Party Tax Profiles
Account Tax details
Tax Exemptions
Tax Registration
Setting Up Fiscal Classifications
Fiscal Classifications in Oracle E-Business Tax
Setting up Fiscal Classifications for Products, Inventory, Non-Inventory, and Product Intended Use
Setting Up Tax Exceptions
Transaction Business Category Codes
Managing Taxes on Transactions
Tax Handling Overview
Entering and Updating Tax Lines Manually
Managing Tax Lines
The sessions are being held from 9 am to 5 pm.
Workshop Registration
This workshop is currently being offered on-demand. Please contact us at 1-800-675-0032 to inquire about future dates or private trainings.
Cost
$750
For Oracle User Groups members
$1,000
For non-members
Members of Oracle User Groups get a 25% discount!
Follow the links below for additional details about E-Business Tax
