1. -1- Oracle E-Business Suite R12.1 Accounts Receivables Essentials Partner Boot Camp Training Courseware

2. -2- For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential 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. Safe Harbor Statement

3. -3- For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential Use of this Site (“Site”) or Materials constitutes agreement with the following terms and conditions: 1. Oracle Corporation (“Oracle”) is pleased to allow its business partner (“Partner”) to download and copy the information, documents, and the online training courses (collectively, “Materials") found on this Site. The use of the Materials is restricted to the non-commercial, internal training of the Partner’s employees only. The Materials may not be used for training, promotion, or sales to customers or other partners or third parties. 2. All the Materials are trademarks of Oracle and are proprietary information of Oracle. Partner or other third party at no time has any right to resell, redistribute or create derivative works from the Materials. 3. Oracle disclaims any warranties or representations as to the accuracy or completeness of any Materials. Materials are provided "as is" without warranty of any kind, either express or implied, including without limitation warranties of merchantability, fitness for a particular purpose, and non- infringement. 4. Under no circumstances shall Oracle or the Oracle Authorized Delivery Partner be liable for any loss, damage, liability or expense incurred or suffered which is claimed to have resulted from use of this Site of Materials. As a condition of use of the Materials, Partner agrees to indemnify Oracle from and against any and all actions, claims, losses, damages, liabilities and expenses (including reasonable attorneys' fees) arising out of Partner’s use of the Materials. 5. Reference materials including but not limited to those identified in the Boot Camp manifest can not be redistributed in any format without Oracle written consent. Oracle Training Materials – Usage Agreement

4. -4- Key Content Contributors Contributing Companies For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

5. -5- For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential Order to Cash Lifecycle overview Overview of Oracle Receivables Process Managing Parties and Customer Accounts Process Invoices Using Auto Invoice Process Invoices Bill Presentment Architecture Credit Management Implement Customer Invoicing Receipts Implement Receipts Tax Processing Period Closing Process Annexure Bootcamp Objectives

6. -6- For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential Section Objectives E-Business Tax Architecture Overview Receivables Tax Process Overview Receivables Setup Steps for Tax Manage Tax Accounting and Tax Adjustments

7. -7- E-Business Tax Architecture Overview Oracle E-Business Tax Tax Services Request Manager Services Tax Content Services Tax Determination Services Tax Administration Services Partner Tax Content Interface Content Repository Record Repository Partner Tax Services Interface Tax Partner Tax ContentTax Services E-Business Suite Transaction Tax DataTransaction Data For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

8. -8- For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential Section Objectives E-Business Tax Architecture Overview Receivables Tax Process Overview Receivables Setup Steps for Tax Manage Tax Accounting and Tax Adjustments

9. -9- Receivables Tax Process Overview Invoice Tax Rate Code Tax Rules Transaction with Tax Distributions Receivables Tax Rules Engine Receivables For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

10. -10- Tax Overview You use E-Business Tax to set up and maintain these taxes: –Value Added Tax (VAT) - Imposed on the value added to goods or services at each stage of their supply. –Goods and Services Tax (GST) - Sales tax levied on many consumer products and professional services. For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

11. -11- Tax Overview E-Business Tax processes Oracle Order Management and Oracle Receivables Output Tax, which is charged on the supply of taxable goods and services on customer invoices or revenue items. You should report Output Tax whenever you account for sales. E-Business Tax processes Oracle Payables and Oracle Purchasing Input Tax, which is paid on supplier invoices. Amount Due to the Tax Authority consists of Output Tax on customer invoices minus any Recoverable Input Tax on supplier invoices. For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

12. -12- Value Added Tax (VAT) Value Added Tax (VAT) is imposed on the supply of goods and services paid for by the consumer, but collected at each stage of the production and distribution chain. The VAT charged on a customer invoice is called Output Tax. Any VAT paid on a vender invoice is called Input Tax. The amount due each period can be : Amount Due = Output Tax – Input Tax. For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

13. -13- For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential Section Objectives E-Business Tax Architecture Overview Receivables Tax Process Overview Receivables Setup Steps for Tax Manage Tax Accounting and Tax Adjustments

14. -14- Receivables Tax Setup In order to manage tax calculation on Receivables invoices, setup is required in E-Business Tax as well as Receivables modules. E-Business Tax setup: –Regime-to-rate flow –First and third party tax profiles –Configuration options –Tax registrations –Tax exemptions –Profile options –Service subscriptions –Tax rules Receivables setup: Transaction types AutoAccounting For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

15. -15- Receivables Tax Setup: Transaction Types To automatically assign a default tax classification on transaction lines, select the Default tax classification box. For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

16. -16- Receivables Tax Setup: Tax Exemptions Assign exemption on the customer or customer site Set up tax exemptions in E-Business Tax for customers and customer sites that are exempt from a particular tax For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

17. -17- Receivables Tax Setup: AutoAccounting for Tax For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

18. -18- Receivables Tax Setup: Profile Options eBTax: Allow Manual Tax Lines: Determines which users can enter manual tax lines on the transaction for the tax setups that allow this update. eBTax: Allow Ad Hoc Tax Changes: Determines which users can make ad hoc tax changes on the transaction line, such as selecting a different tax status or tax rate. eBTax: Allow Override of Customer Exemptions: Controls the display of the Tax Handling field on the transaction line. You use the Tax Handling field to apply and update customer tax exemptions on transactions. eBTax: Allow Override of Tax Classification Code: Controls whether users can update the tax classification code that is defaulted to the transaction line. You only set this profile option if you intend to calculate taxes using tax classification codes and the Direct Tax Rate Determination tax rule. eBTax: Invoice Freight as Revenue: Controls whether to consider freight amounts as taxable line items. eBTax: Inventory Item for Freight: Lets Order Management use an Inventory item defined as Freight on Receivables transaction lines. For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

19. -19- Tax Accounting Overview Set up Tax Accounting Information for Tax Rate Codes and Receivables Activities Earned Unearned Adjustments Discounts Miscellaneous Cash Late charges Deferred Tax For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

20. -20- For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential Section Objectives E-Business Tax Architecture Overview Receivables Tax Process Overview Receivables Setup Steps for Tax Manage Tax Accounting and Tax Adjustments

21. -21- Tax Accounting for Deferred Tax Deferred tax recovery is an accounting method that defers the liability of tax to the time that the invoice is paid, rather than when the invoice is created. Set up for deferred tax recovery is done in E-Business Tax: –Set the Allow Tax Recovery option for the applicable tax regime. –Select Deferred as the default recovery settlement for the applicable tax regime, tax, tax status, and tax rate records. –Set up an Interim Tax Account in the Tax Accounts page. For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

22. -22- Define Receivables Activities For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential

23. -23- Adjusting Tax on Invoices Adjustment entry with Receivables Activity Approval limit $500 Validation process Approved or Pending For Oracle employees and authorized partners only. Do not distribute to third parties. © 2009 Oracle Corporation – Proprietary and Confidential