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Options for Implementation mode for eBtax

Posted on October 22nd, 2010 by Sanjit Anand ||Email This Post Email This Post

In E-Business Suite R12, Oracle provided a powerful new feature,Oracle E-Business Tax, that unifies the management of sales, use, and value-added taxes.

Do you know eBTax Can be implemented in 2 modes with there major differences ?

eBTax native mode

  • The eBTax engine itself determines, calculates and records tax
  • Requires manual creation and maintenance of rules
  • Rates are provided by a 3rd party
  • Robust engine but must be configured from scratch
  • You need to keep checking for rate/rule changes

eBTax external tax engine mode

  • The eBTax engine calls an external tax engine
  • External tax engine is used to configure very comprehensive tax rules
  • Provides signature-ready return in local language and electronic filings

Posted in Oracle E-Business Tax | No Comments »