Unexpected Error Occured During Tax Calculation On Validating 3Way Matched Invoices (Exception: The system Could Not Determine a Valid Recovery Rate)
Last updated on APRIL 13, 2017
Applies to:Oracle Payables - Version 12.1.3 and later
Information in this document applies to any platform.
On : 12.1.3 version, Invoice Issues & MassAdd
When attempting to validate a PO matched invoice,the following error occurs.
Unexpected error occured during Tax Calculation.
Exception: The system could not determine a valid Recovery
Rate for the Tax regime 01-I-HO-N0-0, Content Owner 809727,
Tax 01-I-HO-N0-0, Recovery Type RECOVERABLE and Recovery
Rate 01-I-HO-N0-0_REC. Please contact your Tax
Administrator to ensure that a valid Recovery Rate is
defined for this Regime, Content Owner, tax, Recovery Type
and Recovery Rate Code.
Please correct the problem or contact your System
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