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Compound Tax On The Assessable Value Is Not Working As Expected (Doc ID 2671673.1)

Last updated on MAY 25, 2020

Applies to:

Oracle Fusion Tax Cloud Service - Version 11.13.20.01.0 and later
Information in this document applies to any platform.

Symptoms

On : 11.13.20.01.0 version, Manage Transaction Taxes

ACTUAL BEHAVIOR
---------------
On Tax compound tax is not getting calculating

EXPECTED BEHAVIOR
-----------------------
System should get calculating compound tax based.

Ideal Calculation

 Tax Name                     Tax Rate       amount               Tax amout
Custom                               12              5000                 600
Surcharge                            10                600                  60
IGST                                     8              5660                452.8 =(IGST 5000+600+60=5660)


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1.Create invoice and do tax calculation



Cause

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In this Document
Symptoms
Cause
Solution


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