Transactions Workbench: The Tax on Transactions is Different for Balances and for Create Accounting Due to Rounding Issue
Last updated on AUGUST 24, 2016
Applies to:Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.
In AR Transactions (Balance Due block, Balance Form-Functional Currency, Tax Amount), the Tax amount is not matching with the Tax amount that is accounted.
The functional currency Tax amount is rounded incorrectly and displayed.
Accounting is done correctly.
1. This happens only for certain cases where there are multiple lines and there are rounding differences
2. Create transaction with multiple lines having taxes in foreign currency.
3. Complete the transaction and check the balances in functional currency.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms