Redwood: Specify Selling Profit Center's Business Unit for Taxes

Use a redesigned Redwood page to specify your selling profit center's business unit so Oracle Order Management can apply the correct goods and services tax. You can also override the assessable value directly on the order line.

Realize these benefits:

• Sell Items across more than one profit center. Specify a selling profit center at the order line that's different from the business unit on the order header. You can include items from various profit centers in a single sales order.
• Make your tax calculation more accurate. Use the appropriate selling profit center so financials calculates the correct tax for the order line according to tax rules that the taxing authority imposes and that you set up.
• Minimize rework and avoid delay. Identify and fix potential tax issues while you create the sales order and before you submit it, reducing the need to fix or adjust during fulfillment.

Try it:

1. Set the Business Unit for Selling Profit Center order management parameter so it automatically sets the selling profit center's value on each order line, by default. Set it to one of these values:

• Order Management. Use the order header's business unit as the selling profit center. Order Management won't automatically set a value for the selling profit center attribute on the order line.
• Shipping Organization. Use the selling profit center according to the shipping organization's business unit. Order Management will automatically set the selling profit center on the order line according to the warehouse that you set on the line.

2. Go to Home > Order Management > Order Management (New) > Create Sales Order (New).
3. Create a sales order, then set the business unit and customer on the order header.
4. Add an order line. Search for the item you need to add, apply it, save the sales order, then confirm that Order Management set the default values for the Selling Profit Center attribute and the Assessable Value attribute on the order line according to how you set the parameter.

Steps to enable and configure

You must opt in to the Specify Business Unit for Selling Profit Center for Goods and Services Tax feature in the Order Management offering. If you already opted into this feature, then you don't need to opt in again.

Tips and considerations

If you change the selling profit center's default value on the order line:

• Order Management will use that value and won't change it even if you change the warehouse before or after you submit the order.
• And you want to go back to the default, delete the value that you entered, then save the order. Order Management will set it back to the default value.

If you change the assessable value on the order line:

• Order Management won't recalculate it even if you change the order line's quantity.
• And you want to set the assessable value back to the default, delete the value that you entered.

Note:

• Tax attributes depend on the selling profit center. If you modify the selling profit center's business unit, then Order Management will also update the order line's tax attributes.

• If the order line contains a configured item or kit, then Order Management will cascade the selling profit center's value from the root line to all lines that contain an included item or option item. You can also override the assessable value on each root line or option item. If you override the assessable value on the root, then Order Management won't cascade that value to the included items or option items.

Key resources

• Set Up Business Units for Selling Profit Centers
• Manage Order Management Parameters

Access requirements

Users who are assigned a configured job role that contains these privileges can access this feature:

END USER

• Initiate Order (FOM_CREATE_ORDER_PRIV)
• View Orders (FOM_VIEW_ORDERS_PRIV)
• Revise Order (FOM_REVISE_ORDER_PRIV)

These privileges were available before this update.