How To Configure Tax Calculation Minimum Value Based On Payment Date?
(Doc ID 2704146.1)
Last updated on AUGUST 24, 2020
Applies to:Oracle Fusion Tax Cloud Service - Version 11.13.20.07.0 and later
Information in this document applies to any platform.
There is a requirement to set a minimum withholding tax amount per effective payment date.
For example, in case pf two fiscal documents from the same supplier and the total tax rate amount of the fiscal documents exceeds the minimum value of $ 10.00, but the system should only calculate in case of the payments are made of in the same day.
The Oracle Cloud has the minimum value functionality for tax, but the Threshold Basis is based in period (monthly), while payment day in period needs to be used.
How can this requirement be met?
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