When does tax get calculated or recalculated on a Receivables transaction?

Taxes on a Receivables transaction are determined when you save, edit, or complete a transaction.

If taxes are already calculated and you save, edit, or complete a transaction, Oracle Fusion Tax recalculates taxes. This ensures that any changes on the transaction or transaction line are considered for calculating accurate taxes.

To view the tax details on your transaction:

1. Go the Edit Tax Transactions page.

2. Click on the tax amount or click the Edit icon next to the Tax field.

   The tax details appear in the Detail Tax Lines dialog box.

Note: For a complete transaction, you can only view the tax lines. Navigate to the Detail Tax Lines dialog box to view the tax lines.

Depending on your tax configuration and security privileges, you can view and update the following:

• Tax line attributes

• Tax jurisdiction

• Tax status

• Tax rate name

• Tax rate

• Tax amount

Note: You can also enter a tax line for a specific transaction line manually.