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Negative And Positive US UPFRONT TAX Invoices Created When Contracts Modified Where Tax Was Billed And Not Financed (Doc ID 2840654.1)

Last updated on MAY 10, 2022

Applies to:

Oracle Lease and Finance Management - Version 12.2.5 and later
Information in this document applies to any platform.

Symptoms

On : 12.2.5 version, Lease Authoring

ACTUAL BEHAVIOR
---------------

The system is creating a negative and positive US UPFRONT TAX invoice any time a modification is processed on a contract
  where the upfront sales tax was billed and not financed.

Users will either have to clear with $0 receipts or manually adjust both the negative and positive invoice to the Sales Tax Adjustment Activity Name.
All negative invoices as of May month-end have been reviewed and all are related to a modification (310 invoices on 154 contracts) have been affected.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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