ebtax overview for procurement february 9, 2011imss-website.s3.amazonaws.com/training...
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eBTax Overview For ProcurementFebruary 9, 2011
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eBTax OverviewDiagramTax Exempt Attributes
Impact to PO ProcessingImpact to AP ProcessingQ&A
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eBTax is a new module in R12 Must be set-up in order to process tax (sales and use) in Payables.Changes to sales and use tax process
11iBuyers and/or AP processors enter tax codes on POs and invoicesTax calculated based on tax codes
R12Caltech-defined business rules will determine the taxability of a transactionIf taxable, tax rate is then determined based on ship-to location
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Tax Exempt ProjectsGovernment Owned Fabrications
Currently 20+ projectsIdentified based on Project Classification
JPL IAsCurrently 300+ Identified based on Award GL Funding Source (17230001, 18010001, 18040001, 18060001, 18070001)
Special CasesNone currentlyMust be approved by Tax Department first
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Government Owned Fabrications
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Government Owned Fabrications
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JPL IAs
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Some Expenditure Types are set up as tax exempt.Some invoices are coded directly to GL accounts. Certain GL object codes are therefore set up as tax exempt as well.
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Tax Exempt Suppliers
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Tax Exempt Ship-to States that exempt Caltech from sales and use tax
TXNYIL
Foreign Countries
Note: Sherri will be granted access to set up new ship-to locations in the HR Location set-up form
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Can only override one wayAllowed from taxable to non-taxable only
When can you override the default taxability?Refer to new guidelines set by the Tax Department and the Procurement Department
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POs Entered in Oracle
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POs Entered in Oracle
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To update category PO cannot be approved
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POs Imported From TechMartTax Status Variance
TechMart Tax Status imported into a DFF at PO line.Oracle eBTax determines the “true” tax status once PO is imported. This is what AP processors see during matching.A tax status variance report is available to buyers for review.
Tax Status ExceptioneBTax cannot handle a PO line that has a mix of taxable PTAE and non-Taxable PTAE.Mixed POs will be imported as “Incomplete” instead of “Approved”.Buyers must split the PO line into two shipments.
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POs Imported From TechMart
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Key Tax-related Data Fields:Invoice Header
Invoice Sub-type: Flag for 11i Invoices and R12 zero-dollar cost transfer invoices associated with 11i InvoicesSupplier
Invoice LineProjectExpenditure TypeTax Override
Apply exemption if legitimate; orAccrue use tax
Tax Classification Code: Populate only if it is 11i Invoices or R12 zero-dollar cost transfer invoices associated with 11i Invoices
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Sample of R12 Invoice
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Sample of 11i Invoice
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TrainingTesting
SIT
UAT
Go Live
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Q & A
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