For the Receivables Invoice, the System is not Rounding the Tax Amount Value Based on the Rounding Setup Done at the Tax Regime Level.
(Doc ID 2966831.1)
Last updated on AUGUST 14, 2023
Applies to:Oracle Financials for India - Version 12.2 and later
Information in this document applies to any platform.
For the receivables invoice, the system is not rounding the tax amount value as per the rounding setup done at the tax regime level.
The system must round the tax amount value as per the rounding rule setup defined at the tax regime level.
The issue can be reproduced at will with the following steps:
1. Navigate to the India Local Receivables responsibility.
2. Oracle Receivables-> Transactions-> Transactions.
3. Enter a new transaction, click on Tools-> India Tax Details and apply taxes.
3. Tax amount is not rounded to the nearest rupee as per the tax regime setup.
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