Oracle's new E-Business R12 Tax Engine

Key business drivers for using Oracle E-business Tax (aka. ebtax)

• Globalization of tax decisions
• Centralization of tax rules
• Sharing tax setup across different segments of the organization

An HTML-based user interface and a unified architecture for global centralized sharing (CGS)

Key Features:

• Comprehensive transaction tax calculation, tax rules management, and tax reporting engine
• Configuration owners allow to share rules amongst OU's
• Tax reports are XML-based: Tax reports are 1 data set: 10 layout templates: 30 translation files
• TCA Geographical Hierarchy is used to valid addresses in HR, AR, and AP

Sabrix functionality will need to be tested in R12 because it is not supported or certified by Oracle.

Reference: Oracle OpenWorld 2008 Session: Oracle E-Business Suite Oracle E-Business Tax Key Features and Strategic Benefits

Presenter:
steven.chi
steven.chi@oracle.com