The billing process in Brazil has the following steps as
there are localizations and also the government involved in approving the
sequence numbers for the AR transactions.
1.
The Pre-invoice or the RPS has to be sent to the
District, Government – City Hall from Oracle usually through a third party
system that fulfills the Brazilian government rules.
2.
Once approved, the city hall returns the
electronic invoice back to Oracle with confirmation and approval.
3.
If the government does not approve, or changes
the sequence numbers, then the RPS is sent back to Oracle without approval.
4.
These changes have to be updated in Oracle AR
also.
5.
The billing process also involves integration with
compliance software to satisfy the government compliance and also for tax calculations.
6.
The Oracle standard feature of Latin Tax Engine
is also available for tax calculations when invoice is created in Oracle.
