1.4.1 Waiving of Tax in Sequence
In Oracle Lending, the waiver information for Customer Tax Category, Tax Category,
Customer and Effective Date combination is searched in the following order.
For more information on fields and tabs,
refer to Bilateral Loans User Manual.
Table 1-7 Waiver Information
Customer Tax Category | Customer | Tax Category | Effective Date |
---|---|---|---|
Customer Tax Category | Customer | Tax Category | Effective Date |
Customer Tax Category | ALL | Tax Category | Effective Date |
ALL | ALL | Tax Category | Effective Date |
Note:
If you do not maintain waiver details for any of the above combination, no waiver is applied for the component.Parent topic: Processing Tax on a Contract