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Datafix For Incorrect Tax Calculation Based on Base Amount In Place Of Assessable Price At Receipt Level (Doc ID 2575063.1)

Last updated on AUGUST 14, 2019

Applies to:

Oracle Financials for India - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------------
On Receipt Level Tax Amount is Calculated on Base Amount in place of Assessable Price of Item.


EXPECTED BEHAVIOR
------------------------
Tax Amount on Receipt Level should be calculated based on Assessable Value in Place of Base Amount, if Assessable Value is provided for Item.


BUSINESS IMPACT
-----------------------
Due to this issue, tax is calculated incorrectly and hence, on AP Invoice also, tax will be incorrect because of which incorrect Payments will be done to vendors.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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