Self Assessed Tax On Purchase Orders - How Is It Displayed?
Last updated on DECEMBER 08, 2017
Applies to:Oracle Purchasing - Version 12.1.3 and later
Information in this document applies to any platform.
Have Tax rules set up for Self Assessed Tax and this works correctly in AP. However when create a Requisition and then PO for suppliers that should self-assess, the tax on the Req/PO shows as Non-Rec Tax. It is calculated at the correct rate but it's not self-assessed (not sure how self-assessed tax displays on a PO?).
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