R12 Tax Amount is Not Rounded Correctly on the Manual Tax Lines (Doc ID 1570149.1)

Last updated on AUGUST 09, 2016

Applies to:

Oracle E-Business Tax - Version 12.1 and later
Oracle Receivables - Version 12.1 and later
Information in this document applies to any platform.

Symptoms

Attempting to create a Transaction with tax lines and find the tax line amount is not rounded correctly on the manual tax lines.

Steps to Reproduce:
Setup E-business Tax:
Responsibility: Tax Manager
Navigation: Defaults and Controls > Configuration Owner Tax Options
Application Name: Receivables
Event Class: Invoice
Default Tax Options:
    Rounding Precedence 1: Bill To Party Site
    Default Rounding Level: Line

Navigation: Tax Configuration > Taxes
Set the Rounding Rule of Tax to 'Up'

Navigation: Parties > Party Tax Profiles
Search customer site with Party Type : Third Party Site
Setup following:
<Main>
  Rounding Level : Line
  Rounding Rule  : Up
<Account Tax Details>
  Rounding Level : Line
  Rounding Rule  : Down

* This Tax setup leads Rounding Rule : Down

Create AR Transaction as follows :
Responsibility: Receivables Manager
Navigation: Transactions > Transactions
Create a transaction without tax classification code as follows:

Line>
     Num  Quantity  Unit Price  Amount   Tax Classification
     ---     --------   ----------  ---------   ------------
     1       1            99.99       99.99
* The tax amount is not calculated in this steps because we use STCC.

Enter the tax record on Detail Tax Lines screen manually like following:

     Tax Regime    Tax           Jurisdiction  Tax Status          Rate Name   Rate    Tax Amount
     ---------------  -----------  ------------  ------------------  ------------    -----    ----------
     TEST_REGIME  TEST_TAX  TEST_JUR    TEST_TAX_STAT   TEST_RATE   10.00  10.00     

* You can see Tax Amount is incorrectly.

Cause

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