Last updated on DECEMBER 30, 2016
Applies to:Oracle Payables - Version 12.0.0 and later
Oracle E-Business Tax - Version 12.0.0 and later
Information in this document applies to any platform.
Prepayment Transactions Tax Lines Overwritten to 0 are not taking into consideration when applying it to and Invoices
For example ...
Create a Prepayment Invoice # 1 for 1,000,000 , calculate tax 18% rate.
System calculates 180,000 tax. In Tax Details window, overwrite tax amount to Zero. Save and Pay Prepayment. Total payment 1,000,000 .
Create an Standard Invoice# 2, for 1,000,000 , calculate tax 18% rate.
System calculates 180,000 tax. In Tax Details window, overwrite tax amount to Zero. Save and Validate the Invoice.
Apply Prepayment #1 to Invoice #2 . On the Invoice # 2 System is Creating the following Lines ...
The Net Payment Amount is 1,180,000 which is incorrect, because the Payment amount should be 1,000,000
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms