R12: AP: Open Interface Import Does Not Calculate Inclusive Tax Even Though AMOUNT_INCLUDES_TAX_FLAG Is Set to "Y" on Taxable Line
(Doc ID 1990234.1)
Last updated on APRIL 13, 2023
Applies to:
Oracle Payables - Version 12.1.3 and laterInformation in this document applies to any platform.
Symptoms
1. DESCRIPTION OF THE LOSS OF FUNCTIONALITY
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Payables Open Interface Import program does not compute inclusive tax even though AMOUNT_INCLUDES_TAX_FLAG is set to "Y" on taxable line.
2. BUSINESS IMPACT
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Due to this issue, users cannot pay supplier on-time.
Late payments affect the payment terms established by suppliers and consequently disrupts the business continuity of the organization.
Moreover, the current payables accounting period cannot be closed.
Problematic transactions will have to be swept to the following period, which is not in agreement with the date in which the transactions occurred.
3. EXPECTED OR ACCEPTABLE RESULT
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Able to calculate tax inclusive
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
References |