Credit Memo Tax Rate Percentage is Not Rounding and Showing Decimals When Crediting an Invoice
(Doc ID 1991560.1)
Last updated on MAY 20, 2024
Applies to:
Oracle Receivables - Version 12.1.3 and laterOracle E-Business Tax - Version 12.1.3 and later
Information in this document applies to any platform.
Symptoms
You are crediting an Invoice, showing a tax rate percentage of 21.
The credit memo is showing 20.999995.
Percentage amount is not rounding.
Steps to Reproduce:
Tax Rate Code setup:
Option for Adjustment for Ad Hoc Amounts is set to Tax rate.
Transaction data:
Create an invoice with tax rate : 21% enter line amount 3692.62 tax amount showing on tax line : 775.45 tax rate showing on tax line : 21
Tax line in backend table ZX_LINES TAX_RATE 21
LAST_MANUAL_ENTRY null
UNROUNDED_TAX_AMT 775.4502
Credit the Invoice:
The Tax amount showing on tax line : -775.45 tax rate showing on tax line : 20.999995
Tax line in backend table ZX_LINES TAX_RATE 20.99999458379145430616
ORIG_TAXABLE_AMT -3692.62 ORIG_TAX_AMT -775.4502
UNROUNDED_TAX_AMT -775.45
LAST_MANUAL_ENTRY TAX_AMOUNT
TAXABLE_BASIS_FORMULA STANDARD_TB
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |