ER 9062253 ADC_MX_INCORRECT EXCHANGE RATE USED TO CALCULATE VAT
(Doc ID 1589749.1)
Last updated on JULY 10, 2020
Applies to:Oracle Receivables - Version 12.1.1 and later
Information in this document applies to any platform.
When you apply a receipt to an invoice with VAT tax, the exchange rate is incorrect.
The invoice was created using an exchange rate of 12.6549 and VAT tax is correct, based on this rate for the invoice.
The receipt has been created using an exchange rate of 13 and has been applied to the VAT tax of the invoice. However, the exchange rate being used is 12.6549 (corporate rate) and not the 13% (the user rate).
This is not correct and that application against the invoice should be at 13%.
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