Taxes Not Included At Receipt
(Doc ID 749751.1)
Last updated on JANUARY 24, 2023
Applies to:
Oracle Utilities Work and Asset Management - Version 1.7.10 and laterInformation in this document applies to any platform.
Information in this document applies to any platform.
Goal
When we have a Purchase Order in WAM and the line item includes sales tax. When we receive
that item, and it is a Stores item, shouldn’t the price that is included in the Storeroom for
the receipt be the item cost plus sales tax?
For example, we ordered a quantity of 50 ea, PI ratio 1, of Stock Code 000000425, at $10.80 each,
or $530.00, plus 7.75% sales tax. When the line item was received for 50 ea at the $10.80, the
Storeroom value only recorded at $530. And did not include the $41.08 in sales tax. Is the system
operating correctly?
Solution
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In this Document
Goal |
Solution |