How You Configure Setup Manager for Fiscal Document Generation

Use Oracle Financials to generate fiscal documents. You can create a fiscal document, get it validated by the tax authority, and send it to the customers.

The fiscal document is generated as an XML file and provides all relevant details of a transaction, including applicable taxes and associated fiscal attributes.

In the Functional Setup Manager, perform these tasks to generate fiscal documents:

• Regional Localization: Regional Localization for Brazil must be enabled within the feature offerings for Financials. Select Brazil as the Regional Localization in Financials features.

• Localization System Options: For every business unit operating in Brazil, the country field must be updated and the option for fiscal document processing must be enabled.

  Select Brazil as the Country and check the Enable Fiscal Document Processing check box on the Manage Localization System Options page. This lets you to:

  • Capture fiscal attributes for invoice and debit memo in Receivables and for internal material transfer shipments and return to supplier shipment in Shipments

  • Generate and manage fiscal documents.

• Manage Asset Book: Use the Manage Asset Book task to identify the assets within an asset book that require fiscal document processing.

  This set up also enables processing of fiscal document when a fixed asset belonging to an asset book is transferred.

• Manage Fiscal Document Generation Controls: This setup is used to specify various fiscal document generation controls, including default fiscal attributes. For fixed assets, this setup specifies the source and destination legal reporting units between which any transfer of fixed assets will require a fiscal document. It also provides the details of key attributes required to generate a receivables invoice that supports generation of a fiscal document.

• Manage Asset Locations: Use the Manage Asset Locations task to specify the legal reporting units that must be assigned to each location.

  Legal reporting units must be assigned to each location, so that transfer of assets across locations can identify the source and destination legal reporting units.

• Manage Tax Authority Tax Profiles: Use this task to classify a tax authority and to specify the time controls for performing various actions on a fiscal document like cancel, void, or generate in contingency.

• Configure Taxes: Specify or configure taxes for applying relevant taxes on transactions which support fiscal document generation. This setup includes usage of key tax determinants like transaction business category, product category, and product fiscal classification.