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How To Setup Withholding Tax To Exclude Tax Amount From Calculation? (Doc ID 2317813.1)

Last updated on DECEMBER 20, 2019

Applies to:

Oracle Fusion Tax Cloud Service - Version 11.13.17.09.0 and later
Information in this document applies to any platform.

Goal

 

How To Setup Withholding Tax To Exclude Tax Amount From Calculation?

E.g. : Invoice line = 1000, which is subjected to 7% Tax and 3% withholding tax.

Expected withholding tax amount is 30.

However, right now, the system calculate tax amount as 1070 x .03 = 32.1 which is incorrect.
 

Solution

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In this Document
Goal
Solution


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