Credit Memo Tax Amount Overapplied When set to Prorate (Doc ID 2024092.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version

 

Create an invoice WITHOUT tax for $5600

Create an on-account credit memo line amount -$5600 WITH tax -$280.

Apply credit memo to invoice.
The tax amount on CM got overapplied and now shows a positive tax balance and
negative line balance.

Invoice balance is zero

Credit memo
line : -546.67
Tax: 266.67
Balance : -280

STEPS TO REPRODUCE
==================
Create an invoice WITHOUT tax for $5600

Create an on-account credit memo line amount -$5600 WITH tax -$280.

Apply credit memo to invoice.

Cause

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