Reduced Taxable Basis Is Not Updated In Fusion Release 11 When Tax Is Manually Updated (Doc ID 2176727.1)

Last updated on AUGUST 26, 2016

Applies to:

Oracle Fusion Tax Cloud Service - Version 11.1.11.1.0 and later
Information in this document applies to any platform.

Goal

Reduced Taxable Basis Is Not Updated In Fusion Release 11 When Tax Is Manually Updated. Is this functionality available on Release 11 ?

Example:

The taxable basis is reduced from 100% and the tax rate remains the same:

Line before the change:
Item: 100
Tax: 20
Tax rate: 20%
Taxable basis: 100%

Line after the change:
Item: 100
Tax: 18
Rate: 20%
Taxable basis: 90%


EXPECTED BEHAVIOR
-----------------------
Expecting to have the value taxable basis amount

Line before the change:

Item: 100
Tax: 20
Tax rate: 20%
Taxable basis: 100%

Line after the change:

Item: 100
Tax: 18
Tax rate changes automatically to 18%
Taxable basis remains 100%
 

Solution

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