Oracle R12 Malaysian GST 21 day rule

There is a requirement that if the invoice is not issued within 21 days of the service being supplied then a different tax date is required.

This could be handled with a patch (For automated tax date for AP and AR transactions – patch 12726737 – Used for ECE reports) from Oracle that will apply a tax date to every transaction but unfortunately this patch is country specific so won’t work for Malaysia.

We can however still use European setups to capture the tax date as a way of doing the tax reporting. What this means is that whilst an invoice, either in AP or in AR can have an invoice (or transaction) date, but a customization would be needed to update the tax date because Oracle does not do this for us.

 

Andrew Bohnet
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Andrew Bohnet

Managing Director and Oracle Fusion Tax / eBTax expert at eBiz Answers Ltd
Andrew Bohnet is the current chair for the Oracle Tax Management SIG. He founded eBiz Answers to offer clients complete tax solutions making the most of the rich functionality of the R12 and Fusion tax modules. Whether it is analysis, design, configuration or support, eBiz Answers provide an unparalleled service when it comes to a complete tax solution. Having worked on one of the first Oracle R12 implementations in Europe, Andrew was exposed to the tax module early on and worked closely with Oracle to fix bugs, enhance functionality and present on numerous occasions on the subject of tax and Oracle. When it comes to presenting on eBTax, you wont find a more experienced consultant outside of Oracle.
Andrew Bohnet
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