How Does RMS Maintain VAT for an Item Where VAT Type = 'C' (Cost)? (Doc ID 1068317.1)

Last updated on AUGUST 17, 2016

Applies to:

Oracle Retail Merchandising System - Version 13.0.3 and later
Information in this document applies to any platform.
Checked for relevance 27-Apr-2012
Checked for relevance Oct-2013

Goal

How does the Retail Merchandising System (RMS) handle Value Added Tax (VAT) for items where VAT type = 'C' (Cost)?   What processes/calculations are maintained in RMS when the item has VAT with a VAT_TYPE of cost only?

 

Solution

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