R12: Functional Currency Issue in Tax Invoice Distributions For Cross Currency Transactions
(Doc ID 1396732.1)
Last updated on SEPTEMBER 23, 2018
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.
For Cross Currency transactions, in some of the tax distributions, tax amount in functional currency is not populated. This causes base amount also to be null and results in incorrect accounting on the cross currency transactions. This scenario occurs when the transaction date (invoice_date / trx_date) is different from the exchange date and the conversion rate does not exist for the exchange date being used.
RCA for this issue is available through Patch 13028801 and will prevent re-occurrence of this issue. The GDF Patch 13365761 is for rectifying tax distributions in the existing invoices where tax amount in functional currency is null.
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