Incorrect VAT Rate Calculating For Inclusive Tax Amount With Tax Control Amount
(Doc ID 2572945.1)
Last updated on AUGUST 09, 2024
Applies to:
Oracle Fusion Payables Cloud Service - Version 11.13.19.04.0 and laterInformation in this document applies to any platform.
Symptoms
On : 11.13.19.04.0 version, Invoice
ACTUAL BEHAVIOR
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Incorrect VAT rate calculating for inclusive tax amount with tax control amount
Tax rate is configured to be inclusive of VAT
Allow ad hoc tax rate is enabled
Adjustment for Ad Hoc Tax Amounts is set to Tax Rate
Tax is used with the tax control amount field.
Tax lines show the correct tax amount, however, the rate that is being displayed is wrong.
Example:
Invoice contains 2 lines with tax control amount = 50 and amount = 200 for each line
The rate is 30, but the expectation is to be 25
EXPECTED BEHAVIOR
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Tax rate should be 25
STEPS
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The issue can be reproduced at will with the following steps:
1. Create invoice
2. Enter tax control amount
3. Calculate tax
4. The tax rate is different than expected
BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot create invoice
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
References |