Oracle Order Management - Tax calculation stages that occur in Sales Order
In Oracle Order Management - Tax calculation can be controlled at the
order header level during any one of the below events only.
At the time of
1. Order Entry (or)
2. Order Booking (or)
3. Invoicing
This is specified when Order Types are created in the Order Management Transaction
Types window that when to calculate the tax for an entire order.
Navigation:
India Local Order Management > Oracle Order Management > Setup
> Transaction Types > Define > Finance Tab
Order Entry:
With tax calculation at Entry, tax is calculated as each order line is
entered. This tax calculation is used, for example, in businesses that requires
the user performing order entry to view the total of the order, including tax,
so it can be quoted to a customer. To include tax in commitment applied amount,
set the tax event to entry.
Order Booking:
When tax calculation occurs at Booking, tax is calculated on each of the
booked order lines. This tax calculation option is used, for example, in
business that require tax visibility for booked orders, but who want to
increase order entry input times by not calculating tax at entry.
Invoicing:
When tax calculation occurs at Invoicing, no tax calculations will occur
within Order Management. Tax calculation will occur in Oracle Receivables when
the order or order line is invoiced.
