Sales Tax Report
This topic includes details about the Sales Tax Report.
Overview
The Sales Tax Report identifies taxable, exempt, and tax amounts for invoices entered in Oracle Fusion Receivables. Data is printed and grouped by tax jurisdiction.
The following figure is an example of the report.
Key Insights
The Sales Tax Report is used only for the sales tax type and accrual basis reporting.
For adjustments to be reported correctly in the Sales Tax Report, tax jurisdictions must be associated with a corresponding tax rate.
Report Parameters
The following table describes selected process parameters:
Parameter |
Description |
---|---|
Reporting Level |
Choose the level on which you want to run the report. You can choose from three different levels, Ledger, Legal Entity, and Tax Registration Number. |
Reporting Context |
Specify the context for the report. The list of values for this parameter depends on the reporting level you selected.
|
Tax Registration Number |
Enter a tax registration number that is assigned to the legal reporting unit, when the reporting level is Legal Entity. |
Tax Point Date |
Include the transactions for the date range specified. Tax point date is the date on which the taxpayer becomes liable for paying the tax to the tax authority. |
Transaction Date |
Include the transactions for the date range specified. If you specify a transaction date range but no accounting date range, your report will not balance to the General Ledger if the transaction and accounting dates for a transaction fall in different periods. |
State |
Include the sales tax information for the state you specify. |
Exemption Status |
List transactions which refer to the exemptions with the given status. For example, you can find all transactions using rejected exemptions by entering Rejected. |
Frequently Asked Questions
The following table lists frequently asked questions about the Sales Tax Report.
FAQ |
Answer |
---|---|
How do I find this report? |
Schedule and run this report from the Scheduled Processes work area on the Navigator menu. |
Who uses this report? |
|
When do I use this report? |
Use this report to review and report your state and local tax liabilities to the tax authorities. |
What type of report is this? |
Oracle Analytics Publisher |