Tax Amount Is Fully Adjusted In Case Of Partial Amounts Adjustments
(Doc ID 2859266.1)
Last updated on MARCH 29, 2022
Applies to:
Oracle Receivables - Version 12.2.9 and later Information in this document applies to any platform.
Symptoms
After creating a termination quote in OLFM (Oracle Lease Financial Management), adjusting the Late Fee, termination adjustment does not reflect correctly in AR. The invoices have incorrect amounts for the Late Fee adjustment.
This issue is happening always when the partial adjustment API call is triggered from OLFM (Oracle Lease Financial Management) application.
Customer is expecting the line and tax should be adjusted proportionally.
1.Create a Termination Quote. 2. Adjust one of the Lines that has Tax. 3. Approve and Accept the Quote. 4. Run the Terminate Expired Contracts program. 5. Check the outstanding invoices in AR for the Adjustments. 6. Note that 100%of the Tax is adjusted off and the rest is adjusted from the Amount.
Changes
Cause
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