Tax Treatment on Imported Documents for Payables Transactions

You can import transactions into Oracle Fusion Payables from any external source, such as Oracle Fusion Assets, Oracle Fusion Property Manager, Oracle Fusion Project Management, Oracle Fusion Intercompany, or a legacy application.

You can import a document into the Payables application:

• With tax lines already created

• Without tax lines

If the tax lines are already available on an imported invoice, the application validates it against the existing tax setup, before successfully completing the import program.

Along with the validation of the available tax details, you can also determine additional tax applicability on the imported document based on the tax determinants on the document header and lines. Use the Perform additional applicability for imported documents option available in the configuration owner tax options to select whether Oracle Fusion Tax runs the tax applicability process to identify missing taxes on an imported document.

Taxes not included in the imported document are marked as self-assessed, if self-assessment applies to the transaction. This approach also applies to imported documents that don't have any tax detail lines, but have tax determinants to calculate tax.