Tax On Transactions Are Not Calculated From the Item Category in Determine Tax Rate Rule
(Doc ID 2908824.1)
Last updated on NOVEMBER 13, 2022
Applies to:Oracle E-Business Tax - Version 12.2 and later
Information in this document applies to any platform.
On: 12.2.11, Tax Related
Defined a new category set for inventory items and added the items to a value in the category set.Then defined tax rules for "Determine Tax Rate" for each of our tax rates linked to Determining Factor Sets which are in turn linked to determining factor class of "Product - Inventory Linked" However when an item is selected on a sales invoice line the tax being calculated is the default rate and not as per the item category.
New tax rule based on inventory item to be evaluated and corresponding tax rate applied on the invoice.
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