Oracle - Course Details

R12.xOraE-BTF R12.x Oracle E-Business Tax Fundamentals

Oracle Course Description:
In this course, students learn about the new features of Oracle E-Business Tax. Additionally, students learn how to set up a tax model and apply that tax to a transaction using the Oracle Tax Simulator and other E-Business suite applications.Students learn details of tax concepts, configuration components, and tax processing. Students learn how E-Business Tax features are used across E-Business Suite applications. This course gives implementers the information they need to assist them in deciding which features to implement.
Oracle Course Duration:
3 DAYS
Oracle Course Target Audience:
End Users,Functional Implementer
Oracle Course Prerequisite:
NONE
Course Content:
  • Oracle E-Business Tax Overview

    • E-Business Tax key concepts
    • Tax Determination Management
    • Integration within Oracle E-Business Suite

  • Part 1: Oracle E-Business Tax Basic Tax Configuration

    • E-Business Tax configuration flow
    • Regime to Rate flow
    • Tax Regimes
    • Taxes
    • Tax Statuses
    • Tax Rates
    • Tax Jurisdictions

  • Part 2: Oracle E-Business Tax Basic Tax Configuration

    • Additional setup options
    • Tax Zones
    • Tax Accounts
    • Tax Reporting types

  • Managing Party Tax Profiles

    • Party Tax Profiles
    • Self-Assessment taxes
    • Offset taxes
    • Tax Exemptions
    • Tax Registrations

  • Configuration Owners and Service Providers

    • Tax configuration ownership
    • Configuration options
    • Service Subscriptions
    • Event Classes

  • Fiscal Classifications

    • Fiscal classifications: party, product, and transaction
    • Product Tax Exceptions

  • Part 1: Setting Up Tax Rules

    • Rule Engine
    • Rule Types
    • Tax Rule defaults
    • Guided Tax Rule Entry
    • Make tax available on transactions
    • Oracle Tax Simulator

  • Part 2: Setting Up Tax Rules

    • Determining factors: party, product, place, and process
    • Tax Determining Factor Set
    • Regime Determination Set
    • Tax Formulas
    • Tax Condition Sets

  • Part 3: Setting Up Tax Rules

    • Rules setup example
    • Expert Tax Rule Entry

  • Tax Recovery

    • Tax Recovery Rates
    • Recovery Rate tax rule
    • Tax Recovery processing

  • Managing Taxes on Transactions

    • Services
    • Payables transactions
    • Receivables transactions
    • Intercompany transactions
    • Managing tax lines
    • Managing tax exemptions

  • Tax Reporting Ledger

    • Tax Reporting Ledger
    • XML Publisher
    • E-Business Tax reports
    • EMEA VAT reports
    • Latin American tax reports
    • Asia/Pacific tax reports

  • Appendix A: Managing Migrated Tax Data

    • Tax definition upgrade flow
    • Tax code migration
    • Data ownership
    • Operating Unit tax profiles
    • Tax Classification codes
    • Application tax options
    • Direct Tax Rate Determination rule
    • Tax configuration migration path