WorksheetsVAT ID Update
Total questions: 12
Worksheet time: 6mins
In which field must a VAT ID be input in DX?
In the Company Data
In the Credit and Collections
In the Billing and Invoice Details
In the Tax Details
Once a VAT ID is updated in DX, it is automatically fed to Oracle.
True
False
VAT ID does not belong to the ARFC region
True
False
When updating a VAT ID in Oracle, select the ERFC Customer Maintenance
True
False
When updating a VAT ID in Oracle, it must be updated for all the billing sites
True
False
For certain countries where the VAT ID cannot be validated, what is the required procedure?
It is acceptable not to validate if external verification is impossible.
Validate it against the verbal confirmation with the account owner.
Validate it against the tax certificate provided by the customer.
Validate it against the confirmation email from the account owner.
Where is the field 'Tax Profile' located in Oracle?
At the account level
Under the Billing Site
Under the Payment Details
Under the Order Management
When updating a VAT ID in Oracle, under which section must the VAT ID be created?
Tax Registrations
Tax Reporting Codes
Associated Fiscal Classifications
Customer Account Site Business Purpose Tax Details
Which of the following methods can be used to verify a VAT ID?
VAT validation website
A Tax Certificate
Customer's website (If the ID is displayed)
All of the above
After the VAT ID is updated under the Customer Account Site's Business Purpose Tax Details in Oracle, the Tax Registration records must be manually activated.
True
False
When updating the tax details under Customer Account Site Business Purpose Tax Details in Oracle, both the Bill to and Ship to must be updated.
Ture
False
For Indian customers, it is not mandatory to update a VAT ID at the address level in DX.
True
False
