how to calculte VAT & Excise duty on AR invoice

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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amicguys
Posts: 30
Joined: Wed Feb 06, 2008 3:33 am
Location: India

how to calculte VAT & Excise duty on AR invoice

Post by amicguys »

HI ALL,

Iam wroking on R12.

I have a problem on taxes for AR module.

I have vat 18% and excise tax 12%

so i when ever i create an invoice in AR it should calculate the vat and excise tax with repspective percentages.

if any setups docs means it would be lot more helpful.

Thanks,
Vijay
oracleapps1983
Posts: 256
Joined: Thu Aug 07, 2008 3:48 am
Location: USA

Post by oracleapps1983 »

Hi Vijay

May be you can group the Tax.

Regards
Oracleapps1983
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