EBTax Rules

1. 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)

2. 2
Our Services Oracle Partnership Oracle Specialized
• E-Business Suite
• Business Intelligence
• EPM-Hyperion
• Fusion Middleware
• CRM
• Managed Services
• Education / Oracle University
• Project Advisory Services
• Oracle Platinum Partner
• Pillar Partner
• SOA
• Business Intelligence
• Hyperion
• Oracle University Approved
Education Center
• Oracle University Reseller
• Oracle Accelerator Implementer
• Oracle Managed Cloud Services
Implementer
• Small Business Strategy Council
• EBS Financial Management
• EBS Human Capital Management
• EBS Supply Chain Management
• BI Applications
• BI Foundation
• Service Oriented Architecture
• Application Development Framework
11g
• Hyperion Planning 11
• Database 11g
• Public Sector
•Specialized. Recognized. Preferred.
•The right partner makes all the difference.
Oracle Excellence Award
Winner
2013, 2011, 2009
2011 Inc. Top Small
Company Workplaces
2012-2013 Inc. 5000
Fastest Growing Companies
2012 Best & Brightest
Companies to Work For

3. 3
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

4. 4
Oracle E-Business Tax
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

5. 5
Oracle E-Business Tax
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

6. 6
Agenda
Introduction to E-Business Tax
Architecture Overview
Tax Processing Overview
Key Concepts
Key Configuration Flow
Q & A
Oracle E-Business Tax

7. 7
Oracle E-Business Tax
Architecture Overview

8. 8
Agenda
Introduction to E-Business Tax
Architecture Overview
Tax Processing Overview
Key Concepts
Key Configuration Flow
Q & A
Oracle E-Business Tax

9. 9
Oracle E-Business Tax
Tax Processing Overview

10. 10
Oracle E-Business Tax
Tax Processing Overview
• Legal Entities
• First and Third Party
• Ship From / To, Bill
From / To, etc.
• Capture First and Third
Party
• Tax Registrations
• Classifications

11. 11
Oracle E-Business Tax
Tax Processing Overview
• Party Locations
• Define and Validate Party
Locations

12. 12
Oracle E-Business Tax
Tax Processing Overview
• Type (Physical Nature)
• Categories
• Fiscal Classifications
• Intended Use

13. 13
Oracle E-Business Tax
Tax Processing Overview
• Document Type
• Transaction Business
Categories
• Transaction Fiscal
Classifications

14. 14
Oracle E-Business Tax
Tax Processing Overview

15. 15
Agenda
Introduction to E-Business Tax
Architecture Overview
Tax Processing Overview
Key Concepts
Key Configuration Flow
Q & A
Oracle E-Business Tax

16. 16
Oracle E-Business Tax
Key Concepts

17. 17
Oracle E-Business Tax
Key Concepts

18. 18
Oracle E-Business Tax
Key Concepts

19. 19
Oracle E-Business Tax
Key Concepts

20. 20
Agenda
Introduction to E-Business Tax
Architecture Overview
Tax Processing Overview
Key Concepts
Key Configuration Flow
Q & A
Oracle E-Business Tax

21. 21
Oracle E-Business Tax
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
Oracle E-Business Tax
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

22. 22
Oracle E-Business Tax
Regime to Rates Flow with US Sales Tax

23. 23
Oracle E-Business Tax
Regime to Rates Flow with US Sales Tax
Demo
Regime to Rate Flow

24. 24
Oracle E-Business Tax
Configurations

25. 25
Oracle E-Business Tax
Configurations – Create Tax Regime

26. 26
Oracle E-Business Tax
Configurations

27. 27
Oracle E-Business Tax
Configurations – Tax Regime

28. 28
Oracle E-Business Tax
Configurations – Tax Regime

29. 29
Oracle E-Business Tax
Configurations – Create Tax

30. 30
Oracle E-Business Tax
Configurations – Create Tax

31. 31
Oracle E-Business Tax
Configurations – Create Tax

32. 32
Oracle E-Business Tax
Configurations – Create Tax

33. 33
Oracle E-Business Tax
Configurations – Create Tax Status

34. 34
Oracle E-Business Tax
Configurations – Create Tax Status

35. 35
Oracle E-Business Tax
Configurations – Tax Jurisdictions

36. 36
Oracle E-Business Tax
Configurations – Tax Jurisdictions

37. 37
Oracle E-Business Tax
Configurations – Tax Jurisdictions

38. 38
Oracle E-Business Tax
Configurations – Create Tax Rate

39. 39
Oracle E-Business Tax
Configurations – Create Tax Rate

40. 40
Oracle E-Business Tax
Party Tax Profile Flow

41. 41
Oracle E-Business Tax
Configurations – Party Tax Profiles

42. 42
Oracle E-Business Tax
Configurations – Party Tax Profile

43. 43
Oracle E-Business Tax
Party Tax Profile – Legal Establishments

44. 44
Oracle E-Business Tax
Party Tax Profile – Registrations

45. 45
Oracle E-Business Tax
Party Tax Profile – Third Party

46. 46
Oracle E-Business Tax
Third Party - Registrations

47. 47
Oracle E-Business Tax
Third Party - Registrations

48. 48
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

49. 49
Oracle E-Business Tax
Rules - Example

50. 50
Oracle E-Business Tax
Tax Determining Factors

51. 51
Oracle E-Business Tax
Tax Determining Factors

52. 52
Oracle E-Business Tax
Tax Determination Service Flow

53. 53
Oracle E-Business Tax
Configurations – Tax Rules

54. 54
Oracle E-Business Tax
Tax Rules Guided Flow

55. 55
Oracle E-Business Tax
Configurations – Tax Rules

56. 56
Oracle E-Business Tax
Configurations – Tax Rules
Define Rules
• Guided Entry
• Expert Entry

57. 57
Oracle E-Business Tax
Configurations – Tax Rules
Guided Entry Steps
• General Information
• Rule Conditions
• Rule Results
• Rule Order
• Rule Sets

58. 58
Oracle E-Business Tax
Configurations – Tax Rules
General Information

59. 59
Oracle E-Business Tax
Configurations – Tax Rules
Rule Conditions - Transaction

60. 60
Oracle E-Business Tax
Configurations – Tax Rules
Rule Conditions - Party

61. 61
Oracle E-Business Tax
Configurations – Tax Rules
Rule Conditions - Product

62. 62
Oracle E-Business Tax
Configurations – Tax Rules
Rule Results – Applicable / Not Applicable

63. 63
Oracle E-Business Tax
Configurations – Tax Rules
Rule Order – Enable to use the rule.

64. 64
Oracle E-Business Tax
Configurations – Tax Rules
Rule Sets – Factor Set and Condition Set.

65. 65
Oracle E-Business Tax
Configurations – Tax Rules
Expert Entry Steps
• General Information
• Rule Conditions
• Rule Results
• Rule Order
• Rule Sets

66. 66
Oracle E-Business Tax
Configurations – Tax Rules
General Information

67. 67
Oracle E-Business Tax
Configurations – Tax Rules
Rule Conditions

68. 68
Oracle E-Business Tax
Configurations – Tax Rules
Rule Order

69. 69
Oracle E-Business Tax
Configurations – Tax Rules
Re-query Tax Rules

70. 70
Oracle E-Business Tax
Configurations – Tax Rules
Add New rules and define conditions

71. 71
Oracle E-Business Tax
Regime to Rates Flow with US Sales Tax
Demo
Define Rules

72. 72
Oracle E-Business Tax
Product Fiscal Classifications Flow

73. 73
Oracle E-Business Tax
Rules - Example

74. 74
Oracle E-Business Tax
Tax Determination Services – Solution Overview

75. 75
Oracle E-Business Tax
Tax Determination Services – Solution Overview

76. 76
Questions and Answers
Contact Information
Ashish Nagarkar
Email: anagarka@astcorporation.com
Phone: 630-778-1180
For Presentation Copy Visit
www.astcorporation.com/papers