Configure Tax Tolerance Limits

You can use the Configuration Owner Tax Options page to configure the tolerance limits for the difference between fiscal document taxes and calculated taxes.

To configure the Tax Tolerance options for the Fiscal Document Capture event class, follow these steps:

1. From the Setup and Maintenance work area, navigate to the Manage Configuration Owner Tax Options task.
2. Click Create.
3. In the Create Configuration Owner Tax Options page, select the configuration owner as the legal entity or business unit that owns the tax content.
4. Select the event class as Fiscal Document Capture from Fiscal Document Capture application.
5. In the Tax Tolerance region, enter the tolerance percentage as the maximum percentage.
   Note: A fiscal document tax line can only differ by the maximum percentage from the calculated tax line before a hold is placed on the fiscal document.
6. Enter the tolerance range amount as the maximum amount.
   Note: A fiscal document tax line can only differ by the maximum amount from the calculated tax line before a hold is placed on the fiscal document.
7. Click Save and Close.

   For more information on configuration owner tax options, see the Oracle Financials Cloud Implementing Tax guide at http://docs.oracle.com.

   For more information on tax configuration and tax registrations for Brazil, see the Quick Reference for Oracle ERP Cloud Documentation for Brazil (2329725.1) on My Oracle Support at https://support.oracle.com.