Last updated on JULY 28, 2017
Applies to:Oracle Receivables - Version 126.96.36.199 to 188.8.131.52 [Release 11.5.10]
Information in this document applies to any platform.
FORM:ARXSYSPA.FMB - Define System Options
FORM:RAXSUTRM.FMB - Define Payment Terms
FORM:ARXRWMAI.FMB - Receipts
FORM:ARXTWMAI.FMB - Transactions
Vat Tax On Earned Discount Being Calculated As 0.00
The following setups may have caused this issue:
a) System Options > Transactions and Customers System Options > Discount Basis is on Invoice.
b) Tax Codes & Rates >Tax Basis > VAT before discount.
c) Miscellaneous System Options > Enter the Discount Basis - Lines
d) Miscellaneous System Options > Application Rule Set > Line First--Tax After
c) Payment term > allow discount on partial payments > Lines
Create an invoice with the Discount Payment Terms and calculate tax..
Apply a cash receipt to the invoice within the discount payment terms, and run General Ledger Interface.
a) AR_RECEIVABLE_APPLICATIONS_ALL has one line that shows tax_applied correctly.
b) AR_DISTRIBUTIONS_ALL ( Source = Receivable Applications ) has tax_accounted_dr = to the amount of the discount, which is incorrect.
c) GL_JE_LINES: Accounted_dr - Tax = zero.
Fresh installation 11.5.10 and new setups.
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