E BUSINESS TAX

Requirements

• Creating Tax Manager Responsibility

• Attaching to user

• Assigning all profile options

• HR: BUSINESS GROUP

• HR: SECURITY PROFILE

• MO: SECURITY PROFILE

• GL LEDGER NAME

• MO: OPERATING UNIT

. Creating party tax profile

• Creating a Tax Regime

• Creating a Tax

• Creating status

• Create a Tax Rates

• Creating a Tax Jurisdiction

• Creating Tax Accounts

• Creating Tax Rules

• Making tax Available for Transactions

 1. TO DEFINE THE TAX RESPONSIBILITY

SWITCH RESP TO SYS ADMIN

N----SECURITY – RESPONSIBILITY – DEFINE

SAVE AND CLOSE

2. ATTACH THE NEW TAX RESPONSIBILITY TO THE USER

N---SECURITY – USER---DEFINE
SAVE AND CLOSE

3. Assigning all profile options

• HR: BUSINESS GROUP

• HR: SECURITY PROFILE

• MO: SECURITY PROFILE

• GL LEDGER NAME

• MO: OPERATING UNIT

N---SYSTEM --- PROFILE

4. TO DEFINE PARTY TAX PROFILE

SWITCH TO TAX RESPONSIBILITY

N---PARTIES ---PARTY TAX PROFILES

SEELCT GO
SELECT CREATE TAX PROFILE
SELECT TAX REPORTING CODE TAB
APPLY & CLOSE

5. TO DEFINE TAX REGIME

N—TAX CONFIGURATION – TAX REGIME
SELECT CREATE
SELECT SHOW CONTROLS AND DEFAULTS

S
SELECT CONTINUE
SELECT FINISH
6. TO DEFINE TAXES
N---TAX CONFIGURATION – TAXES

SELECT CREATE
SELECT SHOW CONTROLS AND DEFAULT
SEELCT APPLY
 CLOSE

7. TO DEFINE TAX STATUSES

N—TAX CONFIGURATIONS---TAX STATUS

SELECT CREATE
SELECT APPLY
8. TO DEFINE TAX RATES
N---TAX CONFIGURATION – TAX RATES

SEELCT CREATE
SELECT RATE DETAILS
SELECT APPLY
SELECT APPLY
 CLOSE

9. TO DEFINE TAX JURISDICTION

N---TAX CONFIGURATION – TAX JURISDICTION

SELECT CREATE
SELECT APPLY
 CLOSE

10. TO DEFINE TAX ACCOUNTS

N—TAX CONFIGURATION – TAXES

SELECT GO
SELECT UPDATE
SELECT TAX ACCOUNTS
ENTER LEDGER NAME

SELECT CREATE
SELECT APPLY
SELECT APPLY
SELECT APPLY
CLOSE
11. TO DEFINE TAX RULES
N---TAX CONFIGURATION – TAX RULES

SELECT GO
SELECT SET DEFUALT AGAINST DETERMINE PLACE OF SUPPLY
SELECT APPLY
SELECT SET DEFAULT AGAINST DETERMINE TAX APPLICABILITY
SELECT APPLY
SELECT SET DEFAULT AGAINST DETERMINE TAX REGISTRATION
SELECT APPLY
SELECT SETDEFAULT AGAINST DETERMINE TAXABLE BASIS
SELECT APPLY
SELECT SET DEFAULT AGAISNT CALCULATE TAX AMOUNTS
SELECT APPLY

CLOSE
12. MAKING TAX AVAILABLE FOR TRANSACTION

N---TAX CONFIGURATION – TAXES

SELECT GO
SELECT UPDATE
SELECT APPLY
SELECT YES

CLOSE
TO RAISE A TAX INVOICE

N---AP—INVOICES---ENTRY –INVOICES
CLOSE THE DISTRIBUTION FORM

SELECT CALCULATE TAX

NOTE :

IF WE WANT TO CALCULATE EXCLUDE TAX, SELECT CALCULATE TAX , AND ADD A TAX AMOUNT
TO THE INVOICE AMOUNT
NOTE 2 :

IF WE WANT TO CALCULATE INCLUDE TAX, FIRST VALIDATE INOIVCE , AND THEN SELECT TAX
DETAILS, ENBALE INCLUDE, THEN SELECT OK

OK
SELECT TAX DETAILS
ENABLE INCLUSIVE

SELECT OK
NOTE :

SELECT ACTION AND VALIDATE AND PERFORM ALL REGULAR INVOICE ACTIONS