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R12: AP: AR: EBTAX: Tax Amount Mismatch in Intercompany Receivables Invoice And Payables Invoice (Doc ID 2937204.1)

Last updated on MAY 01, 2023

Applies to:

Oracle E-Business Tax - Version 12.1.3 and later
Oracle Payables - Version 12.1.3 and later
Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

Tax Amounts in Intercompany Receivables Invoice and Payables invoice are not matching

Users are having intercompany transactions for which they need to have same TAX of 21% applied to both Receivables and Payables Invoice

They have 6 lines with below Line prices with 5 decimals
Line1 - 46859.69937
Line2 - 1625.61761
Line3 - 341.12231
Line4 - 46859.69937
Line5 - 1625.61761
Line6 - 341.12231

Total - 97652.88

Tax @ 21% = 20507.10

When Payables invoice is created, the TAX calculated on the AP invoice is 20507.10. This amount is correct
When Receivables invoice is created, the TAX calculated is 20507.12. This amount is incorrect. Users expect the tax amount in Receivables invoice to be 20507.10

STEPS
-----------------------

1. Create Intercompany Payables and Receivables invoice.

2. Navigate to Receivables > Transactions > Query Receivables invoice and check tax amount in lines.

3. Navigate to Payables > Invoices > Entry > Invoices > Query Payables invoice and check tax amount in lines.




Cause

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In this Document
Symptoms
Cause
Solution


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