Oracle EBS Country Specific Brazil

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BRAZILCOUNTRY SPECIFIC FEATURESAs of Release 12.1.3. Generated on January 28, 2012

STANDARDIZE ON A SINGLE GLOBAL

SYSTEM:

With Oracle E-Business Suite to manage your business systems at a global level, youcan:

• Provide corporate consistency and global visibility with centralized business functions

• Extend core business systems with a standards-based business platform

• Accommodate global data standards with a native global platform

MEET THE CHALLENGES OF

GLOBALIZATION WITH ORACLE E-

BUSINESS SUITE

Only Oracle's global software platform

enables the rapid deployment of cost-

efficient and compliant business processes

that lead to success in your business.

Oracle E-Business Suite helps organizations compete globally while they

manage their businesses locally. Because it's designed for global

organizations doing business worldwide, new features and upgrades for

Oracle E-Business Suite are delivered simultaneously to all markets, in

a single code set with the standard products, allowing countries to

benefit immediately. This document, Brazil Country Specific Features,

describes the capabilities provided by Oracle E-Business Suite to

address local business and regulatory requirements in Brazil.

How Oracle delivers Globalization

Oracle E-Business Suite addresses geographic requirements through a comprehensive

global solution set that is comprised of the following components: (See Figure 1 below.)

• Global Technology Platform provides consistent technology support for global

requirements across all applications.

• Globalization Capabilities are delivered through rules-based engines that support

globally diverse requirements in areas such as accounting, payments, payroll, taxes,

and others.

• Localizations enhance the globalization capabilities by providing support for

country specific legislative and business requirements. The following localization

delivery methods exist:

• Product Localizations: Delivered in product, by Development organization

• Add-on Localizations: Delivered via My Oracle Support, by Development and

Regional Localization centers.

• Partner Localizations: Delivered by Oracle's partners

Please note that not all these delivery methods are applicable to every country.

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Configurable Global Foundation Supports Deep Localization:In Oracle E-Business Suite, these capabilities can be adapted to local business practices:

• Chart of accounts

• Accounting rules

• Financial reporting

• Payment formats

• Tax and withholding calculations

• Tax reporting

• Asset valuation and depreciation methods

• Inventory valuation

• Payroll

• Workforce administration

• Data privacy

• Corporate governance

• Local business practices

Used in more than 150 countries,

Oracle E-Business Suite lets you

operate wherever your customers,

suppliers, or employees are

located — all on one native, global

platform.

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Global ArchitectureThe image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupt ed. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again.Global Architecture

LocalizationsThe image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupt ed. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again. Localizations

Accounting Engine

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Accounting Engine

Bank Model

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Bank Model Ledgers

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Ledgers Payments Engine

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Payments Engine

Tax Engine


Tax EngineMDM


Legal Entities

Global PlatformThe image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupt ed. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again. Global Platform

Common Information Model

Data Formats

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Data Formats Languages

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Languages ReportingThe image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, …

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BI

Oracle’s Globalization Solution

Product Localizations

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Product Localizations

Add-on Localizations


Add-on Localizations

Partner Localizations


Partner Localizations

Applications

Financial Management

Human CapitalManagement

Supply Chain Management

Figure 1: Oracle's Globalization Infrastructure

Oracle E-Business Suite has been successfully implemented by companies in more than 150 countries

worldwide.

Oracle delivers specific localizations for the following countries:

Americas Europe, Middle East & Africa Asia PacificArgentina Austria Netherlands Australia

Brazil Belgium Norway China

Canada Bulgaria Poland Hong Kong

Chile Croatia Portugal India

Colombia Czech Republic Romania Japan

Mexico Denmark Russia Korea

Peru Egypt Saudi Arabia Malaysia

Puerto Rico Finland Slovakia New Zealand

USA France South Africa Philippines

Venezuela Germany Spain Singapore

Greece Sweden Taiwan

Hungary Switzerland Thailand

Ireland Turkey

Israel UAE

Italy Ukraine

Kazakhstan United Kingdom

Kuwait

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GLOBAL SOLUTIONS FROM ORACLE:

With successful implementations of OracleE-Business Suite around the world, only Oracle offers the solutions that organizations need to adapt to local conditions while still managing globally. Country specific capabilities for deep localization, business processes that can be adopted and used worldwide and centralized systems for managing your business on a worldwide scale make Oracle E-Business Suite the right global software platform to help your business compete and thrive in a global economy.

How to read this Document

This document starts with a high level summary of the requirements supported for Brazil,

organized by product family and functional category. The document then provides a detailed

description of the requirements and the features available in E-Business Suite to support these

requirements.

Overview

The following tables highlight the functional categories for which Oracle E-Business Suite

offers country specific features in Brazil: Payments, Statutory Accounting - Fiscal Book,

Transaction Tax, Human Resources.

Functional Categories for Financials

Oracle Partner

Payments √Statutory Accounting - Fiscal Book √ √(1)(2)(3)Transaction Tax √ √(1)(2)(3)

Functional Categories for Human Capital Management

Oracle Partner

Human Resources √

1. Partner Details : AllianceDulce Marchiori, [email protected]. Partner Details : MastersafJosé Lima, [email protected]. Partner Details : SynchroAntonio Oliveira, [email protected]

Brazil Requirement Maps

The following tables list the key requirements supported in Oracle E-Business Suite for Brazil

. The requirements are categorized into functional areas as shown below.

Financials

Payments

Bank Calendars and Value Date Calculation

• Interest Handling

Cash Desk Processing

• Bank Statements reconciliation

Payment Methods

• Bank Transfer in Payables

• Bank Transfer in Receivables

Statutory Accounting - Fiscal Book

Fiscal Filing and Audit Reports/Files

• Consolidated Invoices

• SPED - Public System of digital bookkeeping

Statutory Accounting reports

• Fiscal Books Reporting

• Subledger Reporting

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Transaction Tax

Customs and Duty

• Printing Invoices

Sales Tax

• Input Taxes

• Output taxes

VAT

• General Ledger Reporting

• Taxpayer ID Validation

Human Capital Management

Human Resources

Person & Employment details

• Provide authorities with employees' personal and job details

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Brazil Requirement Maps - Details

This section provides a detailed description of each requirement and the corresponding features.

1. Interest Handling

Requirement Name Interest Handling

Product Family Financials

Description

In Brazil, it is a common business practice to calculate interest in overdue invoices on purchases and sales. It is possible to work with simple or compounded interest calculations; also companies can pay the interest amount later, cancel the interest, or accept and receive theinterest.

Functional Category Payments - Bank Calendars and Value Date Calculation

Requirement Type Business Practice

Feature Name Feature Description Delivery TypeBrazilian Receivables Customer Account Detail Report

Use the Brazilian Receivables Customer Account Detail report from the Standard Request Submission windows to review customer accounts for interest and bank transfer activity. For each customer listed in the report, Oracle Receivables prints all open transactions and total balance due in the ledger currency.

Product Localization

Interest Handling - Oracle Payables

Oracle Payables for Brazil automatically creates an interest invoice for the overdue invoice and creates a corresponding payment. You can choose to calculate interest based on either the total amount of the invoice or a partial payment.

Interest handling allows customers to setup many interest scenarios and provides a great set of functionality as follows:

Accounts Payable:

• Calculate interest based on the business day calendar and see theinterest amount and number of days the payment is late. If the payment due date is on a weekend or holiday, you can keep, change, or delete the due date that is used for the interest calculation.• Define the period that interest must be calculated for.• Define a penalty fee for an overdue invoice.• Allow for grace days in the event of a late payment.• Allow for simple or compounded interest calculations.• Allow for interest billing in percent or value.• Allow for interest invoice generation and accounting.


Interest Handling - Oracle Receivables

Oracle Receivables for Brazil determine the difference between calculated and received interest. If the calculated interest is greater than the received interest, you can either write off the difference or generate a debit memo. If the difference is greater than the receivedinterest and you write off the difference, Receivables uses the write-off tolerances and the Receivables adjustment limits. If the difference exceeds any of these tolerances, the adjustment that you created will have a Waiting for Approval status. If the calculated interest is equal to the received interest, Receivables does not use adjustment limits and write-off tolerances.

Interest handling allows customers to setup many interest scenarios and provides a great set of functionality as follows:

Accounts Receivable

• Calculate interest according to when an invoice is received.• Handle the interest amount due. You can choose to pay the interest amount due and the invoice amount together, cancel the interest amount, or create an Interest Debit memo with the interest amount to pay later.• Calculate interest based on the total amount of the invoice or based on the paid amount.• Use simple or compounded interest calculation formulas to calculate the interest amount.


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Feature Name Feature Description Delivery Type• Use a rate or a value to calculate the interest amount for a specific period.• Define the period for interest calculation.• Create grace days for late payments.

2. Bank Statements reconciliation

Requirement Name Bank Statements reconciliation


Description

In Brazil, each bank has its own bank statement format and some of them provide additional information such as the "document number" which helps companies during the reconciliation processes. It is a business practice to use this information in the reconciliation process for payables and receivables transactions.

Functional Category Payments - Cash Desk Processing


Feature Name Feature Description Delivery TypeCash Management Complement

The Cash Management add on solution available to Brazilian customers allows the setup of electronic bank statement and to load them into the bank statement Interface.

The following are the major features available:

Bank ReconciliationThe Bank Reconciliation process makes it possible to use the "document number" in the core reconciliation process. Mostly in Brazil, banks provide only the date and document value. Using this information it is possible to match with Oracle Payables and Oracle Receivables to get 'document number".

Transfer between Current AccountsIt is possible to execute transfer of values between two current accounts. This handling could be Inter company or not. During the transfer, balances of accounts involved are updated, posted and a letter is issued to the source bank for the transfer request.

Company BalancesCompany Balances allows users to view the total input and output ofthe day, beginning and ending balances per bank account for each bank used by the company.Balance adjustments are possible without affecting any other module in the system.

Tax InformationThe Tax Information functionality allows users to query the calculated value of a tax according to various parameters.

Reports- Authorization Letter of Bank Transfer

Add-on Localization

3. Bank Transfer in Payables

Requirement Name Bank Transfer in Payables


Description

In Brazil, electronic payment transfers is a common business practice, payments are usually transferred from the customer's bank account to the supplier's bank account. With bank transfer, an invoice is released for payment only after the supplier's bank sends a collection document for the related invoice to a customer. A customer can either pay on the individual collection document or pay on several collection documents listed on a report called a Bordero. The customer sends this report to its bank for release of payment. Bank formats in Brazil do not include currency information; all amounts are assumed to be in Brazilian Real. If you make transactions with foreign suppliers, currencies other than the Brazilian Real are used.

Functional Category Payments - Payment Methods


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Feature Name Feature Description Delivery TypeBank Transfers In Payables The Oracle Payments disbursement engine enables you to greatly

simplify your procedures for managing complex payment processes that span multiple payment methods, formats, check stocks, transmission protocols, organizations, and bank accounts.Oracle Payments provides the infrastructure needed to connect these applications and others with third party payment systems and financial institutions. Additionally, a full audit trail and control is supported through a single point of payment administration. It also allows customers to set up additional bank formats since every bankin Brazil has its own format.XML Publisher is used to create some of the output and thus allows the implementer to modify the proposed layouts as desired, by creating additional versions of the output. A typical example would be to adjust the proposed layout to the company specific stationary and check layouts. Oracle Payments is used as a central payment engine, it processes transactions, such as invoice payments from Oracle Payables, bank account transfers from Oracle CashManagement, and settlements against credit cards and bank accounts from Oracle Receivables.


Brazilian Electronic File Transfer for Payables

The Regional Field Center provides customers with the most important bank formats in Brazil, since each bank has its own format.

Add-on Localization

Brazilian Payables Associated Trade Notes andBank Collection Documents Report

Use the Brazilian Payables Associated Trade Notes and Bank Collection Documents report to list trade notes and associated bank collection documents. These documents can be ordered by invoice number or by supplier name and due date of the invoice.


Brazilian Payables Import Bank Collection Documents Report

Use the Brazilian Payables Import Bank Collection Documents report to list bank collection documents that are not validated during the import from the collection documents interface table to the system.The Brazilian Payables Import Bank Collection Documents report is automatically submitted after you run the Brazilian Payables Import Bank Collection Documents program.


Brazilian Payables Non-Associated Trade Notes andBank Collection Documents Report

Use the Brazilian Payables Non-Associated Trade Notes and Bank Collection Documents report to list trade notes that are not associated with collection documents as well as bank collection documents that are not associated with trade notes. These documents can be ordered by document number or by supplier name and due date.


Brazilian Solution for Electronic Tax Payment

In Brazil, many companies use Brazilian Payables Electronic Tax Payments to send Withholding Tax payment to their banks. It is common in Brazil for customers to pay the tax Authority by transferring funds from the customer's bank to the Tax Authority's bank. The feature helps companies meet Brazilian Bank Transfer requirements by providing customers with the most important bank formats in Brazil, since each bank has its own format.

Add-on Localization

Collection Document (Boleto)

Use the Collection Documents window to enter bank collection documents into Payables and view them. After you enter a new collection document, the collection document is automatically associated with a payment schedule that is not associated accordingto the association method defined in the Payables Options window. After the association, the trade note is released to be paid.Use the Collection Document Association window to associate an unassociated bank collection document with an unassociated trade note (also known as a payment schedule). The trade note must be unpaid. You can also associate a trade note to a collection document as well as disassociate a collection document associated with a trade note. The manual association does not use the method you defined in the Payables Options window for automatic association. You can query invoices in the "Find Invoices to Match" window.


4. Bank Transfer in Receivables

Requirement Name Bank Transfer in Receivables


Description

In Brazil, Bank Collection is one of the most common payment methods. The payment collectionprocess involves a series of transactions between a supplier, customer, and a bank. A supplier starts the payment collection process after the supplier creates an invoice for the customer. Thesupplier generates collection documents based on the invoice payment terms and sends

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information about these documents to a collection bank. After the collection bank collects a payment from the customer, the bank transfers the payment information to the supplier to createreceipts and apply the information to the customer's balance.

Functional Category Payments - Payment Methods


Feature Name Feature Description Delivery TypeBank Transfer in Receivables

Oracle Receivables for Brazil Bank Transfer feature provides all necessary means to manage payment collections: 1) Electronically transfer collection documents to the bank (electronic files in standard CNAB format);2) Handle bank instructions and bank occurrences, such as discounts, protests, and address updates, for each collection document;3) Automatically or manually create a batch of collection documents to transfer to different banks, as well as maintain and cancel these batches;4) Select occurrences and create a batch of occurrences to transfer to a bank;5) Automatically load or manually enter documents and occurrencesthat are transferred from the bank into Receivables;6) Generate receipts from the documents that are transferred from the bank and apply the receipts to corresponding invoices. Collectedinterest and penalty fees automatically generate adjustments, debit memos, or both in Receivables;7) Create account entries for each generated occurrence and post them to General Ledger.


Brazilian Electronic File Transfer Templates for Receivables

The Regional Field Center helps companies meet Brazilian Bank Transfer requirements by providing customers with the most important bank formats in Brazil, since each bank has its own format.

Add-on Localization

Brazilian Receivables Bank Collection GL Interface report

Use the Brazilian Receivables Bank Collection GL Interface report from the General Ledger Interface window to summarize the journal entries generated by the Bank Transfer function.


Brazilian Receivables Bank Return Import report

Use the Brazilian Receivables Bank Return Import error report from the Standard Request Submission windows to list bank return occurrences that were rejected by the validation process in the Import Bank Return program. The Import Bank Return program validates return occurrences in the electronic file received from the remittance bank.


Brazilian Receivables Collection Remittance Batchreport

Use the Brazilian Receivables Collection Remittance Batch report from the Format Remittance Batches window to submit formatted collection document information to remittance banks. This report is alisting of collection documents administered by the remittance bank.


Brazilian Receivables Factoring Remittance Batch report

Use the Brazilian Receivables Factoring Remittance Batch report from the Format Remittance Batches window to submit formatted factoring remittance information to remittance banks. This report is alisting of collection documents traded to a remittance bank.


Brazilian Receivables Occurrences Remittance Batch report

Use the Brazilian Receivables Occurrences Remittance Batch reportfrom the Format Remittance Batches window to submit formatted occurrence information to banks. The report is a listing of occurrences that contain updates to collection documents.


Brazilian Receivables Post Bank Return report

Use the Brazilian Receivables Post Bank Return report from the Post Bank Returns window to summarize the receipts, adjustments, interest, monetary corrections, and discounts for receipts for return occurrences in the bank return file. The records are validated by the Import Bank Return program. The report also includes the number ofoccurrences for each bank and each bank occurrence code within a bank in the bank return batch.


5. Consolidated Invoices

Requirement Name Consolidated Invoices


DescriptionIn Brazil, it is a business requirement for certain types of services, such as freight, to receive several invoices within a period, consolidate these invoices and then perform a single payment in order to save bank fees required to process payments.

Functional Category Statutory Accounting - Fiscal Book - Fiscal Filing and Audit Reports/Files

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Requirement Type Legal Requirement

Feature Name Feature Description Delivery TypeConsolidated Invoices Oracle Payables for Brazil has the Consolidated Billing feature, lets

you enter fiscal information in a shipping invoice and then match it with a consolidated invoice for auditing purposes.Oracle Financials Consolidated billing functionality lets you satisfy the Brazilian Consolidated Billing requirements. You can enter shipping invoices as standard or consolidated invoices, associate one or more shipping invoices with a consolidated invoice, disassociate shipping invoices already associated with consolidated invoices, perform the normal invoice approval process, enter physical, tax, and financial information at the time the goods are received based on the shipping invoices or cancel a consolidated invoiceUse the Consolidated Invoices window to enter, query, and cancel consolidated invoices. You can also match shipping invoices to a consolidated invoice and query shipping invoices and consolidated invoices.The payables consolidated invoices features allow customers to enter fiscal information in a shipping invoice and then match it with aconsolidated invoice for auditing purposes.


Payables Canceled Consolidated Invoices Register report

This report lists suppliers, amounts, related shipping invoices, and cancellation information for canceled consolidated invoices.


Payables Consolidated Invoice Register report

This report lists consolidated invoice information such as supplier, amount and the related shipping invoices. Information such as accounting, tax, and amount are provided for each shipping invoice.


6. SPED - Public System of digital bookkeeping

Requirement Name SPED - Public System of digital bookkeeping


Description

The Brazilian SPED is a federal project that aims the modernization of the tributary administration and consists in the implementation of new processes supported by information systems, IT and logistic infrastructure. Electronic files will replace the fiscal and accounting bookkeeping as well as other auxiliary obligations in paper.

The SPED project is comprised of the following initiatives:

• Federal Electronic Invoice;• Fiscal Books, • SPED PIS Cofins, and• Accounting Books.

Functional Category Statutory Accounting - Fiscal Book - Fiscal Filing and Audit Reports/Files


Feature Name Feature Description Delivery TypeAccounting SPED Oracle E-Business Suite allows companies to report their accounting

transactions and transactional information from sales and purchasesoperations to comply with the Accounting SPED requirements. Users are able to generate the final text file with information available in Oracle E-Business Suite for Bookkeeping types G, R, A and B as described below:

•Bookkeeping Type GIt is applicable when company stores detailed accounting in GL

•Bookkeeping Type RThis bookkeeping type is applicable when company summarizes accounting data in GL and keeps the accounting details in the subledgers.

•Bookkeeping Type AThis bookkeeping type is the detailed accounting for bookkeeping


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Feature Name Feature Description Delivery Typetypes R or B. Oracle Financials will drill down and retrieve detailed accounting information from AP and AR subledgers.

•Bookkeeping Type BThis bookkeeping type is specific for Financials Institutions such as Banks. It requires additional registers to be reported. This book may also have auxiliary bookkeeping type A associated.

Brazilian Electronic Billing Information

The Brazilian Electronic Billing Information provides information tracking on Electronic Notas Fiscais.

Add-on Localization

Electronic Invoice Oracle Receivables allows companies to integrate with applications of fiscal partners to report Fiscal Books and to also format and communicate with the Federal Tax Authority to generate Electronic Invoices.The local partner communicates online with the Federal Tax Authority after completing the invoice process in Receivables. The invoice with status Completed is required to create the electronic invoice in the tax authority system and the local partner must submit the tax calculation and the invoice sequence as provided by Receivables after completing the invoice. The Federal Tax Authority returns information that complements the invoice previously created in Receivables and this data must be uploaded in Receivables.The Electronic Invoice Partner Communication Log controls the communication between Receivables, Local Partners and the Federal Tax Authority. Use the Find Electronic Invoices Status window to query invoices by Status, Invoice Date and Invoice Number. By querying by Status, you can take appropriate action on the electronic invoices that are not approved by the Federal Tax Authority and requires you to intervene manually, correct the issue and re-submit the electronic Invoice for approval again.


Fiscal Books - Fiscal SPED - SPED PIS Cofins

Oracle E-Business Suite supports several new data elements in Accounts Receivables, Accounts Payables, Order Management, Oracle Inventory and Company Information windows used by Partners to report monthly flat files in order to comply with Fiscal books.


7. Fiscal Books Reporting

Requirement Name Fiscal Books Reporting


Description

In Brazil companies are required to produce several legal reports usually called "Fiscal Books." In order to produce Fiscal Books Reporting, partners integrate with Oracle E-business suite to capture data from input and output transactions of goods and services.

Brazil has several taxes for different jurisdictions (Federal, State, City) applicable to different types of commercial entities / transactions (industry, commercial, wholesales, etc.) Each of these variables can influence the content and format of the fiscal books.

Functional Category Statutory Accounting - Fiscal Book - Statutory Accounting reports


Feature Name Feature Description Delivery TypeFiscal Books / Fiscal SPED Oracle E-Business Suite Partners provide users with fiscal books

reporting and Fiscal SPED layout output to support Brazilian Legal requirements, such as: 1) Fiscal Book - Model 12: Interstate goods movements2) Fiscal Book - Model 51, 56: List of Service documents3) Fiscal Book - Model 8, 9: Summary on taxes ICMS, Summary on taxes IPI 4) Fiscal Book - Model 3, 7: Overview of production and inventory5) Fiscal Book - Model 1, 2: List of Incoming/Outgoing Documents 6) Normative Instruction 68 (IN68) / 86 (IN86): Magnetic Media - It ismagnetic media required by federal law7) SINTEGRA / IN359 > Magnetic Media - It is a magnetic media required by federal law / Magnetic File of Notas Fiscaís8) DIRF 2 > Magnetic Media - It is magnetic media required by federal law- Withholding tax.

Partner

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8. Subledger Reporting

Requirement Name Subledger Reporting


DescriptionIn Brazil, companies need to comply with accounting reporting requirements set by the government to support their financial statements. Accounting reporting is also used for internal auditing.

Functional Category Statutory Accounting - Fiscal Book - Statutory Accounting reports


Feature Name Feature Description Delivery TypeBrazilian Daily Journals Report with Opening and Closing Pages

The Opening and Closing pages report provides information about the company, dates and the person who is responsible to register the Global Third Party Detail and Balances Report in a commercial agency.


Global Third Party Detail and Balances Report

The Global Third Party Detail and Balances Report is used to reviewthe daily debits and credits transactions within a specified period. The report gives a summary of daily transactions by account and shows debits and credits at customer and supplier level in chronological order. Also it is possible to review the initial and ending balances within a specified period. Global Third Party Detail and Balances Report displays balance and account activity information for suppliers and customers. It retrieves the following information:• Third party balances for third party control accounts• Subledger journal entry lines that add up to the total period activity for each control account, third party, and third party site• Third party and third party site information• User transaction identifiers for the associated event


9. Printing Invoices

Requirement Name Printing Invoices


Description

In Brazil, it is a legal requirement to document transactions issuing invoices along with products.Besides with issuing and printing invoices companies should be able to generate invoices using a gapless document sequence, print invoices based on customer requirements, re-print shipping invoices, produce and print modified invoices.

Brazilian law requires the presence of Nota Fiscal (Fiscal Document) document while receiving materials from any source; this includes external suppliers and internal divisions, a list of materials or services being transported stating quantity and unit price, the value of the taxes that are being collected, the payment's condition and dates, and fiscal and carrier information. The Nota Fiscal document contains entries informing supplier and buyer address information, a list of materials or services being transported stating quantity and unit price, the value of the taxes that are being collected, the payment's condition and dates, and fiscal and carrier information.

Functional Category Transaction Tax - Customs and Duty - Fiscal Documents


Feature Name Feature Description Delivery TypeBrazilian Printing Invoices Oracle Receivables for Brazil gives the flexibility that companies

needs to bill and print invoices to meet business needs and to adhere to the legal requirements.Oracle Receivables for Brazil provides several reports available for printing purposes that must be adjusted by each customer to fulfill specific invoice and complementary layout requirements.


Brazilian Receivables Invoice Print Complementary Invoice Immediately

Use the Brazilian Receivables Print Complementary Invoice Immediately report from the Complementary Invoice window, after you manually enter invoice information to print complementary invoices.


Brazilian Receivables Invoice Print Complementary Invoice in Batch

Use the Brazilian Receivables Invoice Print Complementary Invoice in Batch report from the Brazilian Print Invoice in Batch request set of the standard submission set to print complementary invoices in batch.


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Feature Name Feature Description Delivery TypeBrazilian Receivables Invoice Print Invoice in AutoInvoice

Use the Brazilian Receivables Print Invoice in AutoInvoice report from the Brazilian AutoInvoice request set of the standard submission set, to print invoices after you import invoice information from another system.


Brazilian Receivables Invoice Print Invoice in Batch

Use the Brazilian Receivables Invoice Print Invoice in Batch report from the request set of the standard submission set to print a completed payable invoice for shipment with goods.


Brazilian Receivables Print Invoice in Batch Immediately

Use the Brazilian Receivables Print Invoice in Batch Immediately report from the transaction window to print a completed payable invoice for shipment with goods.


Brazilian Receivables Re-Print Specific Invoice

Use Brazilian Receivables Re-Print Specific Invoice report from the Standard Request Submission windows to reprint a specific invoice. This report is printed on preprinted paper.


10. Input Taxes

Requirement Name Input Taxes


Description

Purchase transactions are levied with different taxes. Therefore, information on Supplier documents needs to be validated and appropriately accounted for fiscal auditing and reporting purposes.It is necessary to calculate and validate tax on purchasing invoices, credit memos, and debit memos for Input Taxes.

In Brazil, companies have to pay taxes to federal, state and city governments on most of the goods and services purchased.

Functional Category Transaction Tax - Sales Tax - Tax Determination Rules


Feature Name Feature Description Delivery TypeBrazilian Integrated Receiving

In Brazil, Brazilian Integrated Receiving is a product delivered by theRegional Field Center that provides a set of required functionalities needed to support Brazilian legal requirements. These requirementsare mainly related towards taxing over the movement of goods, acquisition cost allocation, accounting, actual cost and Nota Fiscal treatment during receiving goods or services.

Add-on Localization

Brazilian Withholding Tax The Brazilian Withholding Tax is a feature delivered by the Regional Field Center that provides a set of required functionalities needed to support Brazilian withholding tax calculation. This solution complements the Oracle Payables for Brazil solution.

The following are major features of Brazilian Withholding Tax:

· Cumulative Amounts Handling – This solution considers the taxable base and withholds the net amount cumulated from invoices and credit memos within a period for each supplier.· Thresholds Handling - The Brazilian legislation authority specifies thresholds that can be applied to the Withholding Tax calculation. The CLL F036 solution supports the Minimum taxable amount thresholds. It demands that the tax amount calculated must be greater than a given amount defined by the Tax Authority· Basis of Taxation Handling - The Brazilian legislation authority specifies deductions and reductions to the tax base of the calculatedwithholding taxes. The CLL F036 solution allows users to define it as: o A result for a formula: number of dependents * fixed amount; o A amount: alimony amount to deducted to the tax base o A percentage: a reduction % factor to be applied to tax base

Add-on Localization

11. Output taxes

Requirement Name Output taxes


Description In Brazil companies are required to determine tax applicability for the First and Third Party according to different tax conditions, tax rate determination, Ship to/Bill to location determining

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factors, exemptions handling and thresholds. Businesses in Brazil must collect and remit taxes to federal, state, and city governments on most of the goods and services that they sell.

Functional Category Transaction Tax - Sales Tax - Tax Determination Rules


Feature Name Feature Description Delivery TypeLatin Tax Engine Oracle Receivables and Oracle Order Management for Brazil have a

tax functionality called Latin Tax Engine which helps you calculate tax for invoices of different types. This flexible and easy to setup feature will also provide you the ability to setup new complex tax scenarios according to your country specific needs. You can use Latin Tax Engine to setup and maintain transaction tax requirements, such as: IPI, ICMS, ICMS-ST, ISS, IRPJ, and others.


12. General Ledger Reporting

Requirement Name General Ledger Reporting


DescriptionIn Brazil, companies need to comply with accounting reporting requirements set by the government to support their financial statements. Accounting reporting is also used for internal auditing.

Functional Category Transaction Tax - VAT - Legal Entity Information


Feature Name Feature Description Delivery TypeBrazilian Daily Journals Report with Opening and Closing Pages

The Opening and Closing pages report provides information about the company, dates and the person who is responsible to register the Global Account Analysis Report and Global Daily Journals Report in a commercial agency.


Global Account Analysis Report

The Global Account Analysis Report (SLA) provides drill-down information about the movement on a particular account for a period or range of periods. It includes journal entries transferred to and posted to the General Ledger.


Global Daily Journals Report

Global Daily Journals Report is used to show all debit and credit transactions by journal entry date. The report is broken by day and period and shows the total amounts. You can also request a reprint of the report. When a page break occurs before a day's output is completely printed, the Carry Forward feature shows the totals of debit and credit amounts for the day.


13. Taxpayer ID Validation

Requirement Name Taxpayer ID Validation


Description

In Brazil, the government assigns unique inscription types to different taxable entities, for example, the Cadastro Nacional da Pessoa Jurídica (CNPJ) for domestic companies or the Cadastro de Pessoa Física (CPF) for natural persons. It is important in order to avoid manual processing errors and misreporting of this information to validate and store valid Taxpayer IDs from third parties.

Functional Category Transaction Tax - VAT - Third Party Information


Feature Name Feature Description Delivery TypeTaxpayer ID Validation Oracle Payables and Receivables prevent users to enter with wrong

taxpayer ids (CNPJ & CPF) when entering customers and suppliers registrations.


14. Provide authorities with employees' personal and job details

ORACLE DATA SHEET

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Requirement Name Provide authorities with employees' personal and job details

Product Family Human Capital Management

DescriptionCompanies in Brazil are required to support several reporting requirements of the Federal Tax Authority by providing information about the company, employees and the respective labor contracts.

Functional Category Human Resources - Person & Employment details


Feature Name Feature Description Delivery TypeHuman Resources Complement

The Brazilian Human Resources Add-on localization provides the following functionality to meet legal and business requirements.

- Personal Information and Documentation:

(Education degree, city and state of birth, RG data (National ID).

- Contractual Information:(Labor Union Information, Payment method (cash, payment order, etc), INSS (National Health Security)

- Beneficiaries and Dependents information from employees

Add-on Localization

ORACLE DATA SHEET

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Contact Us

For more information about Globalization, please visit oracle.com or call

+1.800.ORACLE1 to speak to an Oracle representative.

Copyright © 2009, Oracle Corporation and/or its affiliates. All rights reserved.

This document is provided for informational purposes only and may not be incorporated into a contract or Agreement. The contentshereof are subject to change without notice. This document is not warranted to be error-free, nor is it subject to any other warranties or conditions, whether expressed orally or implied in law, including implied warranties and conditions of merchantability or fitness for a particular purpose. We specifically disclaim any liability with respect to this document, and no contractual obligationsare formed either directly or indirectly by this document. This document may not be reproduced or transmitted in any form or by anymeans, electronic or mechanical, for any purpose, without our prior written permission.

Please note that Country Specific Features Data Sheets for Oracle products provide a brief introduction to country requirements for the applicable Oracle products, and the features of the applicable Oracle products that may be delivered by Oracle in support of those requirements, when you acquire such products. The data sheets do not provide an exhaustive, detailed guide for features and do not provide implementation, support, consulting or any other services or considerations. For additional details, please see the appropriate product implementation guides. In order to more fully understand features and implementation details, and to assess specific circumstances, please engage with the appropriate local Oracle Consulting Services organization.

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