Oracle Cloud:

Whether its output tax (i.e. Sales Tax ) or input/output tax (i.e. VAT) we’ve got you covered. We make it easy to keep the accurate records and make the reports you need to meet regulatory requirements. You can set up how tax gets recorded and prepare the tax reports you need in minutes.

We provide support for multiple currencies the accounting features can be used just about anywhere. For example, our sales and purchasing documents automatically display and record the international or foreign price or cost, specific trading currency, related exchange rate, correct tax code for each customer or supplier. Foreign currency transactions and balances are shown in reports in both the local and trading currency (FX) values.

You can group together and organise documents for reporting and tracking purposes by assigning up to three different classes from as many classes as you want to specify. Classes are configurable on every document throughout the system, and enable you to create powerful cross function reports, which help you measure end to end performance in your business processes.