R12: AP : Incorrect Withholding Tax Is Being Calculated for Foreign Currency Invoices
(Doc ID 3049739.1)
Last updated on SEPTEMBER 25, 2024
Applies to:
Oracle Payables - Version 12.0.0 and laterInformation in this document applies to any platform.
Symptoms
When validating the invoice, the Withholding Tax(WHT) is not calculating as 'Invoice amount * WHT tax rate' for foreign currency invoices
STEPS
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The issue can be reproduced at will with the following steps:
1. Navigate to Payables Responsibility
2. Create the foreign currency invoice from invoice workbench
3. Validate and verify the WHT line
Cause
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In this Document
Symptoms |
Cause |
Solution |