EBTax Rules

1
Presented By
Ashish Nagarkar
anagarka@astcorporation.com
Seven Easy Steps to Configure Complex Rules
in
E-Business Tax
August 26, 2014 (9:30 – 10:30 AM)

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Agenda
Introduction to E-Business Tax
Architecture Overview
Tax Processing Overview
Key Concepts
Key Configuration Flow
Setting up Rules
Q & A
Oracle E-Business Tax

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Introduction
 New Product
 Infrastructure for Tax Knowledge Management
 Global System Architecture
 Configurable and Scalable
 Single Point Solution
 Tax Service to all E-Business Suite Business Flows
 One Application Interface

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Requirements met in R12
 Sales and Use Tax in Procurement
 Self-Assessed Tax in Payables
 Multiple Registrations
 Deferred Tax in AP
 Enhanced Handling of Tax on Freight
 Enhanced Exemptions and Exceptions
 Multiple Inclusive, Compounding
 Quantity Based Rates in Procurement

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Agenda
Key Concepts
Q & A

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Architecture Overview

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Agenda
Key Concepts
Q & A

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Tax Processing Overview

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• Legal Entities
• First and Third Party
• Ship From / To, Bill
From / To, etc.
• Capture First and Third
Party
• Tax Registrations
• Classifications

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• Party Locations
• Define and Validate Party
Locations

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• Type (Physical Nature)
• Categories
• Fiscal Classifications
• Intended Use

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• Document Type
• Transaction Business
Categories
• Transaction Fiscal
Classifications

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Agenda
Key Concepts
Q & A

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Key Concepts

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Key Concepts

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Key Concepts

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Key Concepts

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Agenda
Key Concepts
Q & A

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Overall Product Configuration Flow
Legal Entity
and
Establish.
Tax
Authorities
Lookup
Codes
Item
Category /
Categ. Sets
Tax
Zones
Party Class
Categ. And
Codes
Tax
Auth.
Tax
Profile
1st Party
Tax
Profile
Overall Configuration Flow
External Components eBTax Components
Regime
To
Rates
Tax
Rules
Recovery
Rates
Tax
Jurisdictions
3rd Party
Tax
Profile
Registrations Exemptions
1st Party
Tax
Profile
Exceptions
Product
Classifications
Transaction
Classifications
Party
Classifications

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Regime to Rates Flow with US Sales Tax

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Demo
Regime to Rate Flow

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Configurations

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Configurations – Create Tax Regime

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Configurations

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Configurations – Tax Regime

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Configurations – Tax Regime

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Configurations – Create Tax

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Configurations – Create Tax Status

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Configurations – Create Tax Status

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Configurations – Tax Jurisdictions

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Configurations – Create Tax Rate

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Configurations – Create Tax Rate

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Party Tax Profile Flow

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Configurations – Party Tax Profiles

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Configurations – Party Tax Profile

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Party Tax Profile – Legal Establishments

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Party Tax Profile – Registrations

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Party Tax Profile – Third Party

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Third Party - Registrations

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Third Party - Registrations

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Agenda
Key Concepts
Setting up Rules
Q & A

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Rules - Example

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Tax Determining Factors

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Tax Determining Factors

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Tax Determination Service Flow

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Configurations – Tax Rules

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Tax Rules Guided Flow

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Define Rules
• Guided Entry
• Expert Entry

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Guided Entry Steps
• General Information
• Rule Conditions
• Rule Results
• Rule Order
• Rule Sets

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General Information

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Rule Conditions - Transaction

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Rule Conditions - Party

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Rule Conditions - Product

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Rule Results – Applicable / Not Applicable

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Rule Order – Enable to use the rule.

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Rule Sets – Factor Set and Condition Set.

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Expert Entry Steps
• General Information
• Rule Conditions
• Rule Results
• Rule Order
• Rule Sets

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General Information

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Rule Conditions

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Rule Order

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Re-query Tax Rules

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Add New rules and define conditions

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Demo
Define Rules

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Product Fiscal Classifications Flow

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Rules - Example

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Tax Determination Services – Solution Overview

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Tax Determination Services – Solution Overview

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Questions and Answers
Contact Information
Ashish Nagarkar
Email: anagarka@astcorporation.com
Phone: 630-778-1180
For Presentation Copy Visit
www.astcorporation.com/papers

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