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Tax Amount Is Not Getting Calculated On Purchase Order , Receipt , Payable Invoice , AR Invoice for Newly Created Tax Regime Like TCS (Doc ID 2721895.1)

Last updated on OCTOBER 21, 2020

Applies to:

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

Symptoms

ACTUAL BEHAVIOR
--------------------------
 
Find that tax is not getting calculate on Purchase Order for newly define tax regime

EXPECTED BEHAVIOR
---------------------------

TCS tax related information to be calculated at receipt level.
 

STEPS
--------

1. Define the new regime like TCS
2. Create the Purchase Order and save it
3. Navigate to tolls > India Tax Details
4. Try to attach the newly define tax rate for TCS
5. Click on apply button , find that tax amount is coming as zero , it is not
   being calculated as per tax rate

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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