Tax on Order Entry

Use the Tax solution to calculate tax on customer orders.

• Tax codes and tax rates

  Tax codes are predefined codes that identify the tax authorities to which your company pays taxes. Tax rates are the percentage rates of tax that your company is required to pay. After you have defined your tax codes and assigned tax rates to your tax codes, you can calculate your taxes automatically.

• Planning the Tax setup for Order Entry

  Tax is a stand-alone solution that is used to calculate tax. If some or all of your sales are taxable, then you must set up Tax.

  See the Financials Setup and Administration Guide.