Oracle Fusion Financials Cloud Tax
Oracle Fusion Tax provides a single-point solution for managing your transaction and withholding tax requirements. Oracle Fusion Tax automates transaction tax calculation, tax determination, and tax reporting functions across business documents, such as sales invoices, purchase requisitions, purchase orders, and supplier invoices. With Oracle Fusion Tax, you can model your taxes according to the needs of both local and international tax requirements
Course Duration: 30hrs
Course Content:
OVERVIEW OF FUSION TAX
- Define Tax Configuration
- Defining Tax Configuration for sub ledger Transaction
- Scope Values for Define Tax Configuration Task List
- Configuring Foundation Tax
- Defining an Exception to the Tax Registration Tax Rule Default
- Define Taxes for Rapid Implementation
- Use tax regime spreadsheet to Create a Tax Regime
- Tax Configuration Content Upload Program
- What is Tax Configuration Workbook
- Configuring Tax Setup Using the Tax Configuration Workbook
- Creating Tax Setup Using Tax Partner Content in the Tax Configuration Workbook
- What is Tax Implementation Workbook
- Configuring Tax Setup Using the Tax Implementation Workbook
- Regimes to Rates FlowMinimum Tax Configuration
- Defining a Minimum Tax Configuration demonstration
- Configure Withholding Tax Configuration
- Create Tax Regimes
- Create Jurisdictions and Rates
- Create applicable Taxes
- Create Tax Rates and Tax Recovery Rates
- Create Tax Exceptions
- Create Party Tax Profiles
- Create Tax Registrations
- Configuring Transaction-Based Fiscal Classifications
- Configuring Party Classifications
- Configuring Product-Based Fiscal Classifications
- Configuring Tax Rules
- Manage Configuration Owner Tax Options
- Configuring Simulator Transactions
CONFIGURATION OF ADVANCED TAX CAPABILITIES
- Configuring Tax Geographies
- Configuring Tax Zones
- Configuring Tax Statuses
- Configuring Tax Formulas
- Configuring Transaction Fiscal Classifications
- Configuring Tax Determining Factor Sets and Tax Condition Sets
- Configuring Tax Reporting Types
- Configuring Location of Final Discharge
- Configuring Tax Profile Options
- Configuring Intrastat Country Characteristics
- Configuring Tax Box Allocation Rules
SERVICE PROVIDER INTEGRATION FOR TAX CONFIGURATION
- Tax Calculation Services Provider Integration
- Oracle Fusion Tax Configuration for Tax Service Provider Integration
- Order-to-Cash Transaction and Service Provider Processes