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Info Related To Tax Calculation (Doc ID 2708082.1)

Last updated on SEPTEMBER 07, 2020

Applies to:

Oracle Communications Billing and Revenue Management - Version 12.0.0.1.0 and later
Information in this document applies to any platform.

Symptoms

Tax rates are configured as follows -

Aug1  - Aug14 ---> 8%
Aug15 - December   ---> 7%
Billing date - Sep 1st

  Tax Rates -

 GST        : U : 8.0  : 08/01/20 : 08/14/20 : Fed : *     : GST-flat   : Std
 GST        : U : 7.0  : 08/15/20 : 09/30/25 : Fed : *     : GST-flat   : Std

ACTUAL BEHAVIOR
---------------

Applied tax rate 7% which is valid during billing time.

Product is purchased on August 3rd with configuration "Bill time taxation". However, the tax rate 7% applied instead of 8%.


EXPECTED BEHAVIOR
-----------------------
 Apply tax rate during billing 8% based on configuration.
 

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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