Additional Information for 24C New Feature: Enhanced Tax Rapid Implementation - Error when loading new Tax Rate with existing Recovery Rate Code (Doc ID 3037349.1)

Last updated on JULY 25, 2024

Applies to:

Symptoms

Release 24C provides additional columns in Tax Rapid Implementation to enter information related to tax rate controls and offset tax and recovery rates.

Enhanced Tax Rapid Implementation

The following fields are included in the Manage Rates worksheet of the tax configuration workbook and the tax rates template spreadsheet.

Offset Rate Code
Default Recovery Rate Code
Tax Inclusion Method
Allow override and entry of inclusive tax lines

When uploading the new RI spreadsheet to load tax rates using existing tax recovery rate information, the below error occurs:
Recovery Tax Rate: <Recovery Tax Rate> does not exist for tax regime: <tax regime> and tax: <tax>

Cause

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