VAT Calculation Negative Taxes Landed Cost is calculated incorrectly (Doc ID 1684200.1)

Last updated on JUNE 17, 2016

Applies to:

Oracle Landed Cost Management - Version 12.2.2 and later
Information in this document applies to any platform.

Symptoms

On : 12.2.2 version, Landed Cost Management

ACTUAL BEHAVIOR
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If a local Item Supplier for which recoverable VAT is calculated ,LCM pre-receiving setup calculates a negative VAT line.

EXPECTED BEHAVIOR
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Recoverable VAT should not reduce the PO price of the item with the VAT as the PO line price does not include VAT.




Cause

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