Need the Ability to Calculate Tax on a Deposit Transactions
Last updated on JUNE 12, 2018
Applies to:Oracle Receivables - Version 12.2.3 and later
Information in this document applies to any platform.
You are attempting to create a Deposit Transaction (Manually) in AR.
You have checked the setting in "Transaction Type" and checked the "Default Tax Classification," but Tax is NOT getting calculated on the Deposit Transaction.
Is there an ability to calculate Tax on Deposit Transactions?
There seems to be a mandate in Europe to publish Tax on Deposit Transactions.
Are there any Countries specific patches, when applied that would enable Tax on Deposits for Europe?
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