Sales Tax Office for Oracle - CCH...
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Simplify Your Sales Tax Process Sales Tax Office provides: Effortless Set-up — Configure the system to meet your specific needs, with options for business entities, business rules, nexus rules, users and functional permissions. Rates and Taxability — Stay up-to-date with trusted rate and taxability data from CCH, updated monthly with a simple download. Oracle item categories can be mapped to CCH product groups and item taxability rules, or mapped to customer products, which can include override tax rules, tax rates or custom exemptions. Nexus, Jurisdiction and Sourcing — Collect necessary taxes by accurately establishing nexus and applying data-driven sales tax sourcing rules. Systematically determine which taxes must be collected with advanced geocoding and spatial analysis. Flexible Calculation — Increase the accuracy of your sales tax calculations by precisely calculating taxes at the line item level, using multiple ship-from and ship-to combinations in a single invoice, managing minimum and maximum tax rules, and handling complex tax calculation routines that can apply tiered taxes and fees. Commonsense Interface — Increase productivity with easy- to-use features that let you drill down into the details of a transaction, create and maintain custom taxes and overrides, and originate tax-only credits. Simple Customer Exemption Management (CEM) Module — Save time on handling exemptions by shifting the customer exemption processing logic and management from Oracle to Sales Tax Office. With the CEM module you can create a wide variety of customer exemptions (e.g. blanket, partial, single invoice) and apply taxable basis reductions. Exemptions can be built-in exemption reason classifications, customer ship-to or sold-to number, or you can create custom exemption classes (e.g. resale, manufacturing, wholesale). End-of-Month Compliance — Create seamless, end-to-end automation with liability reports based on specified date ranges, audit reports for taxes and exemptions, and output files for delivery in the way that fits your compliance needs. Easily Automate Address Validation Ensure reliable address information with the Address Validation API. The plug-in connects Oracle to an address validation service that verifies and corrects addresses automatically or with the push of a button. CCH compiles commercial jurisdictional boundary information from multiple sources and combines it with our own proprietary data and processing to create unique “geoblocks” for all the different overlapping subsets of tax jurisdictions and ZIP +4 areas. When used in combination with a ZIP+4 or street address validation tool, this system provides a precise foundation for both nexus and situs determination by the Sales Tax Office application. CCH has developed a comprehensive database of State, County, City, Local and Special Tax Districts for which both boundary definitions and tax matrices are maintained. Sales Tax Office offers exceptional granularity of boundary data and enhanced coverage of Special Tax Districts. Reduce the time you spend monitoring and updating tax rates and taxability rules with Sales Tax Office for Oracle E-Business Suite, a CCH sales and use tax solution from Wolters Kluwer. This robust tax calculation system combines industry-leading tax rate and taxability content with highly accurate jurisdiction boundary information. Sales Tax Office also supplies sophisticated logic capable of supporting the most complex sales and use tax sourcing and calculation rules. CCH ® Celebrates 100 Years in Tax & Accounting Sales Tax Office for Oracle Enhanced Sales and Use Tax Calculation, Accurate Sourcing and Hassle-Free Returns for Oracle E-Business Suite R12
Transcript of Sales Tax Office for Oracle - CCH...
Simplify Your Sales Tax Process Sales Tax Office provides:
�� Effortless Set-up — Configure the system to meet your specific needs, with options for business entities, business rules, nexus rules, users and functional permissions.
�� Rates and Taxability — Stay up-to-date with trusted rate and taxability data from CCH, updated monthly with a simple download. Oracle item categories can be mapped to CCH product groups and item taxability rules, or mapped to customer products, which can include override tax rules, tax rates or custom exemptions.
�� Nexus, Jurisdiction and Sourcing — Collect necessary taxes by accurately establishing nexus and applying data-driven sales tax sourcing rules. Systematically determine which taxes must be collected with advanced geocoding and spatial analysis.
�� Flexible Calculation — Increase the accuracy of your sales tax calculations by precisely calculating taxes at the line item level, using multiple ship-from and ship-to combinations in a single invoice, managing minimum and maximum tax rules, and handling complex tax calculation routines that can apply tiered taxes and fees.
�� Commonsense Interface — Increase productivity with easy-to-use features that let you drill down into the details of a transaction, create and maintain custom taxes and overrides, and originate tax-only credits.
�� Simple Customer Exemption Management (CEM) Module — Save time on handling exemptions by shifting the customer exemption processing logic and management from Oracle to Sales Tax Office. With the CEM module you can create a wide variety of customer exemptions (e.g. blanket, partial, single invoice) and apply taxable basis reductions. Exemptions can be built-in exemption reason classifications, customer ship-to or sold-to number, or you can create custom exemption classes (e.g. resale, manufacturing, wholesale).
�� End-of-Month Compliance — Create seamless, end-to-end automation with liability reports based on specified date ranges, audit reports for taxes and exemptions, and output files for delivery in the way that fits your compliance needs.
Easily Automate Address Validation Ensure reliable address information with the Address Validation API. The plug-in connects Oracle to an address validation service that verifies and corrects addresses automatically or with the push of a button.
CCH compiles commercial jurisdictional boundary information from multiple sources and combines it with our own proprietary data and processing to create unique “geoblocks” for all the different overlapping subsets of tax jurisdictions and ZIP +4 areas. When used in combination with a ZIP+4 or street address validation tool, this system provides a precise foundation for both nexus and situs determination by the Sales Tax Office application.
CCH has developed a comprehensive database of State, County, City, Local and Special Tax Districts for which both boundary definitions and tax matrices are maintained. Sales Tax Office offers exceptional granularity of boundary data and enhanced coverage of Special Tax Districts.
Reduce the time you spend monitoring and updating tax rates and taxability rules with Sales Tax Office for Oracle E-Business Suite, a CCH sales and use tax solution from Wolters Kluwer. This robust tax calculation system combines industry-leading tax rate and taxability content with highly accurate jurisdiction boundary information. Sales Tax Office also supplies sophisticated logic capable of supporting the most complex sales and use tax sourcing and calculation rules.
CCH® Celebrates 100 Years in Tax & Accounting
Sales Tax Office for OracleEnhanced Sales and Use Tax Calculation, Accurate Sourcing and Hassle-Free Returns for Oracle E-Business Suite R12
©2013 CCH and/or its affiliates. All rights reserved.Join us on at CCHGroup.com/Social
For More Information SalesTax.com 866-513-CORP (866-513-2677)
All trademarks and copyrights are property of their respective owners.
ACS 90095413 3/13 2012-00579-10
Oracle Integration Streamlines Essential OperationsThe Oracle tax interface enables Sales Tax Office to perform tax calculations that support functional tax and business requirements:
�� The business events/transaction within Order Management and Accounts Receivable will initiate the Sales Tax Office tax calculation processes, performing tax calculations and returning results to the E-Business Tax (EBTax) module of Oracle, as well as recording transactions details in Sales Tax Office.
�� Sales and use tax “place of supply” processing logic is shifted from EBTax to Sales Tax Office, which includes flexible override features if needed sourcing information is missing from the transaction details.
�� Sales tax is estimated during the creation of quotes, sales orders, and service contracts.
�� Sales tax liabilities are calculated on customer invoices by line item, applying tax rate reductions when applicable
�� Customer claims for exemption (e.g. resale, not-for-profit, exempt organization) are applied during the tax calculation, which can be limited to specific products, by tax type, by tax authority, or a combination of related conditions.
Related Sales and Use Tax Calculation Solutions to ConsiderSales Tax Rates for Oracle E-Business Suite, a CCH sales and use tax solution from Wolters Kluwer, delivers Oracle-formatted rates that can easily be loaded into EBTax using the Oracle-provided im-port programs. The sales tax rates included in this data file are easily integrated with the standard tax calculation logic contained within EBTax, and the use tax rates can be configured to accommodate a variety of U.S.-defined “place of supply” rules.
CCH Solutions Provide an Efficient End-to-End Tax Process In addition to sales tax rates and calculation tools, CCH has solutions to help your accounting department prepare and file sales and use tax returns. With Sales Tax Returns Online, another CCH sales tax solution from Wolters Kluwer, your sales and use tax information is mapped to the appropriate fields on all applicable returns, saving your accounting department days or even weeks each month. Oracle users can simply extract data from the Transaction Reporting Ledger provided by Oracle and import the tax liability file into Sales Tax Returns Online.
Sales Tax Compliance Services, a complete filing and remittance solution, lets you shift the burden of tax return preparation, filing and remittance to CCH.
System Requirements:
Server
�� Windows® 2003 Server (32bit), Windows® 2008 Server (32bit &64bit)
�� IIS (Internet Information Services) version 5.0 or higher
�� Microsoft® .NET Framework 3.5 or higher
�� Microsoft® SQL Server Reporting Services 2008
�� Microsoft® SQL Server 2005 (SP2 or later) or Microsoft® SQL Server 2008
Workstation
�� Windows® XP Professional (SP3 or later),
�� Windows Vista® Business
�� Windows Vista® Ultimate
�� Windows Vista® Enterprise
�� Microsoft® Windows 7 Professional Edition
�� Microsoft® Windows 7 Ultimate Edition
�� Microsoft® Windows 7 Enterprise Edition
Sales Tax Office for Oracle
