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Basic Business Needs (Tax- Oracle Payables)

The Tax Handling functionality enables you to satisfy all of your tax requirements. You can do the following:

bra90000.gif Enter multiple taxes for an invoice, including compounded tax, VAT, and withholding tax (IPI, ICMS, ISS, IRRF, ICMS-ST)

bra90000.gif Handle tax reductions and exemptions in the calculation base and rate

bra90000.gif Automatically calculate a tax amount for a tax name you enter for an invoice

bra90000.gif Automatically create accounting entries for tax charges using the rates and accounts you define for your tax names

bra90000.gif Assign multiple tax rates and accounts to each invoice line

bra90000.gif Handle tax recovery when you enter an invoice

bra90000.gif Enter fiscal attributes for invoices, items, and suppliers

bra90000.gif Define additional tax types for your tax names

bra90000.gif Import invoices with fiscal attributes and associated tax information

bra90000.gif Tax differential rate handling for ICMS


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