Include Taxes and Charges on Order Releases in Sales Agreement Amounts

Achieve accurate financial tracking by including taxes and charges on order releases in sales agreement amounts in Oracle E-Business Suite Release 12.2.13. In earlier releases, often excluded taxes and additional charges applied during order releases from amounts tracked against sales agreements, which created discrepancies between agreement totals and actual invoiced values. This feature updates the calculation of sales agreement amounts to incorporate taxes and charges associated with order releases, ensuring a more comprehensive reflection of financial commitments and obligations.

This enhancement offers substantial business value by providing a true representation of financial exposure, improving budgeting accuracy, and ensuring compliance with contractual terms that include tax and charge components. It addresses needs in industries with complex pricing structures, such as retail and manufacturing, where taxes and charges significantly impact total order value. Use cases include tracking the full cost of order releases against a sales agreement for precise financial planning. Implementation considerations includes verifying tax and charge configurations to ensure accurate inclusion in agreement totals and provide training to help interpret updated agreement amounts for financial reporting.

Steps to enable and configure

You don't need to do anything to enable this feature.

Tips and considerations

  • Ensure tax and charge calculations are accurately configured in the system to reflect correct amounts in sales agreement totals.  
  • Provide training on interpreting updated sales agreement amounts that now include taxes and charges for accurate financial tracking.  
  • Update financial reporting tools to reflect the comprehensive agreement amounts for budgeting and forecasting purposes.

Key resources