Exemption Not Applied Properly On Bill Level Adjustment
Last updated on OCTOBER 04, 2016
Applies to:Oracle Communications Billing and Revenue Management - Version 188.8.131.52.0 to 184.108.40.206.0 [Release 7.5.0]
Information in this document applies to any platform.
On Oracle Communications Billing and Revenue Management (BRM) Applications 220.127.116.11.0 version, it is observed that while giving Bill Level Adjustments on an exempted account, the exemption is not properly taken into consideration.
Here is an example,
Consider an Amount of 20 with option Include taxes in Adjustment.
where Exemption is 20% and Tax is 10%.
Amount that should be applied,
Original Amount = 20
Tax percentage = Tax percent - (Exemption% of Tax) --> 10% - (20% of 10 -- > 2 %) = 10-2 -- > 8%
Tax amount = 8% of 20 = 1.6
Total Amount = 20 + 1.6 = 21.6
Amount Applied by BRM = 22
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms