How To Calculate Tax According To Fiscal Classification Tax Code? (Doc ID 2094832.1)

Last updated on JULY 24, 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, Oracle Applications Tax Module

ACTUAL BEHAVIOR
---------------
How to calculate tax according to fiscal classification tax code?

EXPECTED BEHAVIOR
-----------------------
Should be able to calculate TAX

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Tax Manager > Set up a new regime to Rate with Product classification.
2. Check if Taxes are getting calculated


BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users find discrepancy in tax calculation

Changes

 Upgraded Tax from 11i

Cause

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