R12 Tax Amount is Not Rounded Correctly on the Manual Tax Lines
(Doc ID 1570149.1)
Last updated on OCTOBER 18, 2018
Oracle E-Business Tax - Version 12.1 and later Oracle Receivables - Version 12.1 and later Information in this document applies to any platform.
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: