For information about UK Inland Revenue requirements for the construction industry, see Construction Industry Tax Deduction Scheme, External Communication Unit of the Inland Revenue, Construction Industry Series IR14/15 (CIS), March 1999, including addendums CIS Fact 1 and CIS Fact, 3 March 1999.ģ Exchange Protocol, Dossier, and Single Third Party However, the reports are not approved as substitutes by the UK Inland Revenue. Oracle Public Sector Financials (International) meets the UK Inland Revenue requirements for construction industry scheme deductions. For information on UK requirements for combined basis accounting and cash and accruals, see Better Accounting for the Taxpayer's Money Resource Accounting and Budgeting in Government, HMSO Cm2929. In some cases both accounting methods are retained in perpetuity. The United Kingdom (UK) Government has specified a move from cash-based accounting to accrual-based accounting. Country or Government Specific Features Reference Notes Reference Note Numberġ Cash and Accruals Support and Combined Basis Accounting The table below describes the reference notes listed in the Country or Government Specific Features table. Country or Government Specific Features Feature Oracle recommends seeking advice from a qualified accountant about the implications of using a country specific feature. The table below and the Country or Government Specific Features Reference Notes table list features that might not be relevant in every country. Country or Government Specific Features, References, and Notes The remaining Oracle Public Sector Financials (International) features are not tested with the global accounting engine. The following Oracle Public Sector Financials (International) features function with the Global Accounting Engine: However, some features are country specific and might not be relevant or appropriate everywhere. The features in Oracle Public Sector Financials (International) conform to worldwide generally accepted accounting principles. Oracle Public Sector Financials (International) Features The diagram below shows the Oracle Public Sector Financials (International) features as described in Oracle Public Sector Financials (International) Features. Oracle Financials Modules Affected by or Enhanced in Oracle Public Sector Financials (International) The diagram below shows the Oracle Financials modules affected by or enhanced in Oracle Public Sector Financials (International). The relationship of Oracle Public Sector Financials (International) features to Oracle Applications is shown in the Oracle Public Sector Financials (International) Features diagram. Modules affected by or enhanced in Oracle Public Sector Financials (International) are shown in the Oracle Financials Modules Affected by or Enhanced in Oracle Public Sector Financials (International) diagram. Subledger Security is a tool rather than a product and is implemented by the systems administrator. Subledger Security is a security feature used in Payables, Receivables, and Purchasing. Oracle Public Sector Financials (International) provides extensions to the following products: Setup procedures for each of the features are described in feature setup chapters. Setup windows are provided to enable the Oracle Public Sector Financials (International) features described in this guide. Oracle Public Sector Financials (International) extends Oracle Financials functionality and provides the basis for an integrated financial management solution for public sector agencies, providing features such as the following:
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