Tax Calculation Issue: Cannot Override Calculated Tax Amount when Using Header Level Rounding for Inclusive Tax Code
(Doc ID 399860.1)
Last updated on FEBRUARY 03, 2019
Oracle Receivables - Version 22.214.171.124 to 126.96.36.199 [Release 11.5.10] Information in this document applies to any platform.
Header Level Rounding is not working as expected when you try to override the tax amount.
1. Tax Rounding is set as follows:
Navigation: Setup > System > System Options
Tax Tab - Rounding Options
Calculation Level - Header Rounding Rule - Nearest Reporting Currency - SGD Precision - 2 Min Accountable Unit - null
2. Tax Code is set up as follows:
Navigation: Setup > Tax, Codes Tax Code Type = Standard GST5 - 5% Inclusive
3. Invoice is entered as follows:
Enter Invoice Enter Line Items Line Amount is 100 Tax Code GST5 Tax Amount is Calculated 4.76 and Line Amount is 95.24
Save, Hit the Tax Button Go to Tax for this Line Cange tax amount to 6.00 Rate is 6.30% Save Go back to Tax Button - Tax for this line - the tax amount is changed to 6.30 instead of 6.00. 6.732224025100%
If changed to 5.00, the rate is changed to 5.2632 but when saved and re-queried the tax amount is now 5.25 instead of 5.00
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