Argentina Localizations: Incorrect Withholding Tax Amount Getting Calculated When Multiple Invoices Are Paid
(Doc ID 2760300.1)
Last updated on AUGUST 13, 2021
Applies to:
Oracle Financials for the Americas - Version 12.1.1 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
---------------
Incorrect withholding tax calculation for Argentina when multiple invoices are paid. In the scenario when invoice is paid alone , then amount is coming as expected.
But when it is paid along with credit memo, the withholding tax is calculated with incorrect decimal value.
Steps for replication ( with an example)
----------------------
Scenario 1 : Raise a payables invoice with relevant Argentina withholding taxes .
When Paid Alone
Invoice Details:-
Item Amount 112984, Withholding to be applied as per setup
1. Tax A 4.5% - 5084.28 (As expected)
2. Tax B 1.25% - 1412.3 (As expected)
3. Tax C 0.05% - 56.49 (As expected)
Scenario 2 : When Paid with Credit Memo
Credit Memo Details:-
Item Amount: -85215
Invoice Details:-
Item Amount 112984, Withholding to be applied as per setup
1. Tax A - 5,084.30 (Decimal Variation)
2. Tax B - 1,412.29 (Decimal Variation)
3. Tax C - 56.47 (Decimal Variation)
Ideally there should not be any difference .
EXPECTED BEHAVIOR
-----------------------
Expect to have correct withholding tax amounts in case of invoice paid with a credit memo.
STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Login to Argentina localization responsibility
2. Go to View > Requests > Submit a New Request
3. Run 'Argentina Withholding Tax ' report.
4. Notice that tax amount is incorrect for all invoices paid with credit memo.
Changes
Cause
To view full details, sign in with your My Oracle Support account. |
|
Don't have a My Oracle Support account? Click to get started! |
In this Document
Symptoms |
Changes |
Cause |
Solution |
References |