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R12: AP: VAT Calculation On Complex PO Invoices (Doc ID 2373589.1)

Last updated on FEBRUARY 27, 2019

Applies to:

Oracle E-Business Tax - Version 12.1.3 and later
Information in this document applies to any platform.

Goal

Working with Complex PO . the requirement is to calculate the VAT amount on Item amount before the retainage.

System behavior :
Item = SAR 100
retainage = SAR 10
Tax = SAR (100 -10) * 5% = SAR 4.50
 
Expected behavior :
Item = SAR 100
retainage = SAR 10
Tax = SAR 100 * 5% = SAR 5.00

Is there any way to get the expected behavior?
 

Solution

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In this Document
Goal
Solution
References


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