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India Tax Details Form Error "Default term is not setup for the transaction type Debit memo" On Confirm Advance Receipts (Doc ID 2718262.1)

Last updated on JUNE 07, 2021

Applies to:

Oracle Financials for India - Version 12.1.1 and later
Information in this document applies to any platform.

Symptoms

PROBLEM STATEMENT

When attempting to confirm taxes in India Tax details
the following error occurs.

ERROR
-----------------------
Default term is not setup for the transaction type Debit memo


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create an advanced receipt
2. Select Applicability as Y in the DFF
3. Open India Tax details and check the taxes.Click on Confirm
4. Observe the error

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot use TCS functionality

Cause

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In this Document
Symptoms
Cause
Solution


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