Supplier Structure - Tax Implications

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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anuragagarwal1980
Posts: 55
Joined: Mon Oct 23, 2006 6:33 am
Location: India

Supplier Structure - Tax Implications

Post by anuragagarwal1980 »

Hi All,

I have a question on creation of supplier structure in release 12 for AP

Right now, we have two options on the table, and I was hoping you might be able to provide any feedback you might know from an ebTax perspective.

1) Option 1 - Create a supplier record per Tax ID (generally), mimicking the real life structure of business entities.

2) Option 2 - Create a single supplier record where possible, and use the Tax Registration Number at the site level to support tax reporting.

Any pros and cons on each approach.

Thanks
Anurag
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