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Setting up Oracle Financials for Canada

Complete the following steps, in the order indicated, to implement Canadian sales tax in Oracle Payables:

Pre Implementation Steps

Complete all relevant steps in the Canadian Upgrade Manual.

1. In Oracle Payables, navigate to the Payables Options window.

can90000.gif Check the Use Automatic Tax Calculation check box in the Invoice Tax region and set the Calculation Level to Line.

can90000.gif Check the Exclude Tax from Discount check box.

You may want to check the Allow Override button and the Distribution Amounts Include Tax button, depending on how you want your tax entry and processing to occur.

2. Set Tax Name Default settings in Oracle Payables. You can use these suggested Tax Name Defaults in Oracle Payables when Multiple Tax Distribution is used:

In this field
Use this setting when Oracle Purchasing is not used
Enforce Tax From Account
Null
Enforce PO Tax Name
Null
Template
1
Invoice Header
Null
Supplier Site
2
Supplier
Null
Financials Options
Null
Natural Account
Null
PO for Matched Invoices
Null

In this field
Use this setting when Oracle Purchasing is used
Enforce Tax From Account
Null
Enforce PO Tax Name
Yes
Template
1
Invoice Header
Null
Supplier Site
3
Supplier
Null
Financials Options
Null
Natural Account
Null
PO for Matched Invoices
2

Step 1
Set Tax Parameters
Step 2
Create Tax Names
Step 3
Create Tax Credit Names
Step 4
Assign Tax Credit Names to Segment Ranges
Step 5
Classify a Rebate Type
Step 6
Create User-Defined Formulas

Warning: A Canada Payables Manager GUI responsibility is set up for Oracle Financials for Canada. If you create any new Canadian responsibilities, you must set the JA: Multiple Tax Distribution profile option to Yes.

See Canadian Sales Taxes for information about how to implement Canadian MTD.

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