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How Tax Exempt Sales Scenario Will Be Handled On a SVAT Environment In RMS? (Doc ID 2218731.1)

Last updated on FEBRUARY 22, 2019

Applies to:

Oracle Retail Merchandising System - Version 15.0.1 and later
Information in this document applies to any platform.


In SVAT environment a vat_code is assigned to an item and its Original Unit Retail includes vat. During sale application don't collect vat from some privileged customers thus Selling Unit retail , Original Unit Retail are populated exclusive of VAT which differs from RMS Unit Retail (Inclusive of Vat).For this transaction RTLOG was generated with zero vat/ tax details (IGTAX record with vat rate '0').

Eg: In the RTLOG file, Unit Retail = 116.858(Without vat), Original Unit Retail= 116.858(Without Vat) but in RMS Retail will be stored with Vat Inclusive, For an item 'x' Original Unit Retail = 100 (Vat of $10 included)
During sale , cashier chooses to perform sale without Vat for a privileged customer which will make the selling unit retail as $90.

How will RMS handle this transaction?



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