PROGRAM AGENDA

TAX RAPID IMPLEMENTATION

SAMPLE TAX SETUPS FOR SAUDI ARABIA(BASIC AND

SAMPLE TAX BOX ALLOCATION SET UP FOR SAUDI ARABIA

APPENDIX: PREREQUISITE SET UP

OGRAM AGENDA
 ORACLE TAX CONFIGURATION
Basic Tax Set up,Including
Tax Regime
Tax Jurisdiction
Tax
Tax Status
Tax Rate Codes
Tax Recovery Rate Codes

Tax Rules, Including:

Tax Rate Type Rules
Place of Supply Type Rules
Applicability Type Rules
X CONFIGURATION WORKBOOK
The following are the pre-requisite setup steps for EMEA VAT Repo
Oracle E-Business Suite must be installed and running on the minimum suppo
The Details of the minimum supported release are included in My Oracle Support Knowledge Docum

Required Patches and Setup must be done for EMEA VAT Processing and UAE VAT Register

Mandatory Patches for enabling GDFs for UAE

12.1 --> 27937167:R12.JG.B

12.2 --> 27937167:R12.JC.C

r EMEA VAT Reporting and UAE VAT Report: •
the minimum supported Release 12.1.3(or higher
e Support Knowledge Document 1195034.1,Oracle E-Business Suite Error Correction Support Policy(V.5)

UAE VAT Register

 BUSINESS REQUIREM
Tax Rate Tax Rate Code Tax Rate Name
5% SA VAT TAX STANDARD RATE VAT_5_XXPR

5% SA VAT TAX IMPORT RATE VAT_5_IMP

0% SA VAT TAX ZERO RATE VAT_0_Standard

0% SA VAT TAX EXPORT RATE VAT_0_Export

0% SA VAT TAX EXEMPT RATE VAT_0_EXEMPT

0% SA VAT TAX INTRA GCC RATE VAT_0_INTRA_GCC_RATE

 BUSINESS REQUIREMENT
Tax rate Description Start Date
VAT 5 Percentage 1-Jan-20

Import Tax of Saudi Arabia 1-Jan-20

Vat 0 Percentage 1-Jan-20

Export 0% Tax of Saudi Arabia for Export 1-Jan-20

Export 0% Tax of Saudi Arabia for Exempt 1-Jan-20

Intra GCC 0% Intra Rate 1-Jan-20

Tax Recoverable/ Non recoverable Tax Recovery Rate Tax Name
Recoverable 100 VAT_5_XXPR

Recoverable 100 VAT_5_IMP

Receverable 100 VAT_0_XXPR

Recoverables 100 VAT_0_EXPT

Recoverables 100 VAT_0_EXMPT

Recoverables 100 VAT_0_Intra_GCC

Tax Regime Tax jurisdiction
SA VAT TAX SA VAT TAX

SA VAT TAX SA VAT TAX

SA VAT TAX SA VAT TAX

SA VAT TAX SA VAT TAX

SA VAT TAX SA VAT TAX

SA VAT TAX SA VAT TAX

 SET UP VAT REPORTING CALEN
The VAT Reporting Calendar must include only monthly periods or quarter periods and no adjusting periods.
A Calendar should be defined and attached to the VAT Reporting Entity to use as the VAT Calendar for VAT Reporting.
For additional information, please refer to the Financials for Europe User Guide. Calendar creation is similar to creation of A
The VAT calendar can be the same calendar used in General Ledger or it can be a different calendar. Accounting period has

The periods of this calendar are used as a parameter in the report. Attach this calendar to the Tax Reporting Number using
The Configuration Tab can be accessed from the Localizations Responsibility using the Navigation path EMEA VAT Setup > D

EMEA VAT Reporting Entity SETUP

In the EMEA Vat Reporting Configuration Window, associate Tax Calendar to a Tax Registration Association, and complete th
EPORTING CALENDAR
sting periods.
dar for VAT Reporting.
tion is similar to creation of Accounting Calendar used in General Ledger+A5
endar. Accounting period has to start on first day in the month and ends on the last day

Tax Reporting Number using the Configuration Tab

tion path EMEA VAT Setup > Define Reporting Entities. Check the box 'Tax Invoice Date'

ntity SETUP
Association, and complete the options available to configuring the VAT Proc
 VAT Box Allocation Rules
Define VAT Box Allocation rules to group transactions by VAT Boxes for reporting. The VAT Boxes for UAE are installed autom

Define VAT BOX Allocation Rules

n Rules
s for UAE are installed automatically by patch

ation Rules
 ALL Mand
Type Name
Program EMEA VAT:Allocation Errors Listing
Program EMEA VAT:Allocation Process
Program EMEA VAT:Allocation Rules Listing
Program EMEA VAT:Allocation Listing
Program EMEA VAT:Pre Reporting Process
Program EMEA VAT:Selection Process
Program EMEA VAT:Final Reporting Process
Program UAE VAT REPORT
 ALL Mandatory Program
Application
Regional Localizations
Regional Localizations
Regional Localizations
Regional Localizations
Regional Localizations
Regional Localizations
Regional Localizations
European Localizations