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.


On : 12.2.2 version, Landed Cost Management

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

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


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