R12: Incorrect VAT On AR Credit Invoices
(Doc ID 2723978.1)
Last updated on MARCH 17, 2021
Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.
On : 12.1.3 version, Receivables Uptake of EBTAX
Incorrect VAT on Account Receivables (AR) Credit Memo (CM)
Credit Memo (CM) to have the same tax amount as Return Management Authorization (RMA)
Steps to Reproduce:
Responsibility: Receivables Manager
- Create invoice through Autoinvoice.
- In transaction workbench, do Tax adjustment on invoice, then opposite tax
adjustment on invoice (so invoice is back to original amount)
- Create applied Credit Memo (CM) through Autoinvoice, tax amount on the Credit Memo (CM) is wrong
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