Implementing Cloud Financials: From Empty Pod to Go-Live · Module 7 · Tax
Making tax live and testing it
Lesson 73 of 153 · 12 min
Make the tax available for transactions — the single checkbox that switches everything on. The lesson pauses here, because this is the most famous omission in the entire product. Then configure the tax options that control behaviour per business unit. Enter a Payables invoice and watch tax calculate. Enter a Receivables invoice and watch tax calculate. Enter a cross-border transaction and see different treatment. Enter an exempt customer transaction and see zero tax with the correct status. Then review the tax lines and the resulting accounting. The availability checkbox cannot be unset once transactions exist. Be certain before ticking it. Test in both Payables and Receivables. They use the same engine and different defaults, so passing one proves nothing about the other. And build a test matrix covering every combination of country, customer type and product type the client actually transacts. Run it before UAT, not during.
The full lesson is part of the course
The video, the complete written lesson and the module quiz are included in Implementing Cloud Financials: From Empty Pod to Go-Live, with a certificate on completion and a fourteen-day refund window.