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Oracle Tax Simulator : Essentials Simulation Tool for Implementers

Posted on May 2nd, 2012 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

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You can use the Oracle Tax Simulator to enter transactions in order to simulate the tax determination process without creating live data.

Simulator is a powerful user interface too that can be used to simulate Tax Calculation based on what-if scenarios.

It gives flexibility to test new and/or changed tax rules. Tax Simulator helps on audit trail with respect to which Tax Rules were satisfied in calculating a particular tax.

Major Feature of Tax Simulator:

  • Simulator is a powerful user interface tool that can be used by Support.
  • Tax Simulator can act as a light-weight transaction for entering Purchase Orders, Invoices, Invoices matched against PO, etc.. that is integrated with Tax Lines User Interface
  • It gives flexibility to test new and/or changed tax rules
  • Tax Simulator helps on audit trail with respect to which Tax Rules were satisfied in calculating a particular Tax
  • Tax Simulator can act as a light-weight transaction for entering Purchase
  • Orders, Invoices, Invoices matched against PO, etc.. that is integrated with Tax Lines User Interface
  • Is a fast way to enter transactions with fewer validations to perform what-if scenarios on tax calculation

There are some restriction for this tool, therefore understand before making use of it.

  • This does not provide simulation of tax recovery processing.
  • This does not meant to test actions that you perform on transactions or transaction lines, such as canceling, deleting and reversing lines.
  • You cannot use Oracle Tax Simulator to test or verify user control settings.

Be sure to assign the “Oracle Tax Simulator” responsibility to the user and use this rather than using the menu on the home page of “Tax Administrator” – otherwise you will get encounter an error.

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