AP: Functional Currency Rounding Issue for Withholding Taxes (Doc ID 1999007.1)

Last updated on SEPTEMBER 14, 2016

Applies to:

Oracle Payables - Version 11.5.10.2 and later
Information in this document applies to any platform.

Goal

When creating WHT invoice the exchnage rate is taking different rate for WHT invoice and original invoice.

Example :

Original Invoice WHT line amount--- (34,481,281.00)---- Exchange Rate----12402.0000000000333861840000000898756073 -- Foreign currency invoice
With Holding Tax Invoice amount---- (34,481,219.00)    --- Functional currency invoice

Original exchange Rate---12402

Note: This is happening for every month.


 

Solution

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