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R12: ZX: Error When Creating Invoice With User Rate Type: Payables Could Not Calculate Tax ... For Currency &cur1 There Is No Exchange Rate For Currency &cur2 Defined Or It Is Not Applicable For DD-MON-YY (Doc ID 1291520.1)

Last updated on JULY 12, 2021

Applies to:

Oracle Payables - Version 12.0.0 to 12.1.3 [Release 12.0 to 12.1]
Oracle E-Business Tax - Version 12.0.0 to 12.1.3 [Release 12.0 to 12.1]
Information in this document applies to any platform.


Please review the information Center for other EBTax articles. E-Business Tax (EBTax) Information Center > Note 1383309.1


For a specific operating unit, after entering a foreign-currency invoice (GBP) with rate type User and clicking Calculate Tax, get the following error:

Error message
Payables could not calculate tax due to: For this currency GBP, there is either no exchange rate for currency NZD
defined or it is not applicable for dd-mon-yy.


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