Oracle company confidential, 2006

Oracle company confidential, 2006 International Withholding & Prepayments Ramakrishnan Balaji Payables Product Strategy

Oracle company confidential, 2006 The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

Oracle company confidential, 2006 Agenda International Withholding Prepayment in Payables Q&A “This presentation is for informational purposes only and may not be incorporated into a contract or agreement.”

Oracle company confidential, 2006 International Withholding Process Flow

Oracle company confidential, 2006 International Withholding Process Flow

Oracle company confidential, 2006 International Withholding Setup Rules Classes Types Jurisdictions Entities Define withholding remit vendor or vendors Assign combination of withholding types, jurisdictions, classes and rules that apply

Oracle company confidential, 2006 International Withholding Rules - Types

Oracle company confidential, 2006 International Withholding Jurisdictions

Oracle company confidential, 2006 International Withholding

Oracle company confidential, 2006 International Withholding

Oracle company confidential, 2006 International Withholding

Oracle company confidential, 2006 International Withholding Withholding Reports

Oracle company confidential, 2006 International Withholding

Oracle company confidential, 2006 Withholding Process Flow Enter withholding vendors Enter withholding vouchers Pay the vouchers Depending on the withholding setup, system may generate separate withholding payment to the tax authority when the voucher is paid or just calculate the withholding for reporting to the tax authority Post the withholding View withholding balances online Generate withholding reports

Oracle company confidential, 2006 Complex Withholding scenarios Exonerate vendors from withholding Use tiered-based withholding Use period-based withholding Calculating withholding on prepayments

Oracle company confidential, 2006 International Withholding Tier based withholding

Oracle company confidential, 2006 International Withholding Period based withholding Set up a withholding rule with a line for each percentage withholding and basis amount range Define a calendar with monthly periods Define withholding categories on the withholding entity page that join the withholding rule with the monthly calendar

Oracle company confidential, 2006 International Withholding

Oracle company confidential, 2006 Prepayments in Payables Allows a payment to be made to a vendor without an invoice Creates accounting entries for the prepayment Applies VAT and withholdings to the prepayment Facilitates the application of the final voucher to the prepayment

Oracle company confidential, 2006 Prepayment Process Flow Enter and pay a prepaid voucher immediately Enter the vendor’s invoice as a regular voucher Apply or link the regular voucher and prepaid voucher prior to payment of the regular voucher Prepayment application can be performed either in a batch process (part of voucher posting) or manually

Oracle company confidential, 2006 Prepayments Attributes Has all the attributes like a regular voucher including document sequencing, VAT and withholding Contains only 1 voucher line and 1 distribution Linking regular and prepaid voucher using prepayment reference Exceptions Include Discounts Split Payments

Oracle company confidential, 2006 Prepayments

Oracle company confidential, 2006 Prepayments

Oracle company confidential, 2006 Prepayments

Oracle company confidential, 2006 Prepayments

Oracle company confidential, 2006 Prepayments

Oracle company confidential, 2006 Prepayments

Oracle company confidential, 2006 Prepayments

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