Payment Accounted Amount Different From Payment Amount When Invoice Has Withholding Tax (Doc ID 1923089.1)

Last updated on MARCH 10, 2016

Applies to:

Oracle Financials for the Americas - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, Colombian Payables

In Colombia, we have Withholding Taxes created on Invoice Validation. When paying the invoices, we see the amount paid is the correct one (Invoice Amount Less Withholding), however the accounting is incorrect, since the system is accounting for the full invoice amount w/o the Withholding tax  discount
 

Cause

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