Tax Treatment on Imported Documents for Receivables Transactions

You can import transactions into Oracle Fusion Receivables from another Oracle Fusion application, such as Oracle Fusion Project Management, Oracle Fusion Intercompany, and Oracle Fusion Order Orchestration Management, or from a legacy system.

Import transactions with tax lines if you don't want to recalculate taxes that have been calculated in the external application. Oracle Fusion Tax doesn't calculate any additional taxes when you import a transaction with tax lines.

Oracle Fusion Tax validates the imported tax lines and raises an error if a tax line isn't correct. Most common errors with imported tax lines are:

• Your business unit has not subscribed to the tax regime.

• There is an invalid tax code (tax classification code), tax, tax status code, tax jurisdiction code, or tax rate code.

You can import a transaction without tax lines as well. Oracle Fusion Tax calculates all applicable taxes on each transaction line. If you don't need to apply any tax on a specific imported transaction line, populate the Taxable indicator (TAXABLE_FLAG) with N in the AutoInvoice interface for that transaction line. Use the Amount Includes Tax indicator (AMOUNT_INCLUDES_TAX_FLAG) to determine inclusive and exclusive taxes. You can specify one of the following values:

• Leave blank: Taxes are marked inclusive or exclusive based on the tax configuration.

• Y: All taxes are included in the line amount. Oracle Fusion Tax calculates all taxes as inclusive taxes overriding the tax configuration.

• N: No tax is included in the line amount. Oracle Fusion Tax calculates all taxes as exclusive taxes overriding the tax configuration.