Invoice Validation Error - 'Exception: The system could not determine a valid recovery rate for the tax regime' (Doc ID 1634834.1)

Last updated on APRIL 13, 2017

Applies to:

Oracle Payables - Version 12.0.4 to 12.1.3 [Release 12.0 to 12.1]
Oracle Payables - Version 12.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 12.0.X and later version, Invoice Issues & MassAdd

When attempting to validate invoice(s),the following error occurs.

ERROR
-----------------------
"
Unexpected error occurred during Tax calculation.
Exception: The system could not determine a valid recovery
rate for the tax regime XXXX, configuration owner
CCCC, tax ZZZZ, recovery type STANDARD,
and recovery rate code RRRR.
Please correct the problem or contact your System Administrator.
"


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Query the invoices
2. Validate the invoices

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot validate the invoices.

Changes

User has modified the Party tax profile set up for the OU to use the Profile of Legal Entity. 
 

Cause

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