Invoice Discounting: Tax Is Not Collected From Penalty Component
(Doc ID 2690833.1)
Last updated on JULY 15, 2020
Applies to:Oracle FLEXCUBE Universal Banking - Version 22.214.171.124.0 to 126.96.36.199.0 [Release 14]
Information in this document applies to any platform.
During the liquidation of discounted bill in BCDTRONL Bills and Collection Contract Detailed screen, the penal interest is liquidated, but tax is not deducted from penalty component.
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