Credit Memo - Incorrect Taxable Amount Calculated For Transaction Lines With Negative Line Amount
Last updated on JULY 11, 2018
Applies to:Oracle Receivables - Version 12.2.5 and later
Information in this document applies to any platform.
When create a receivable credit memo from an invoice, sometimes, the taxable amount is different from the line amount.
Steps to reproduce
1- Create an invoice with line amount = 868.07 and tax rate = 20%
2- Complete the invoice
3- Create credit memo from the invoice using the menu "Action -> Credit"
4- Set credit allocation to "Lines and Tax"
5- Set line to 100%
6- Save and complete the credit memo
7- When you check the credit memo, the line amount = 868.07 (correct) and taxable amount = 868.05 => There is 0.02 as difference.
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