My Oracle Support Banner

Use Tax is Not Calculating with the Correct Effective Dated Rate from Tax Authority (Doc ID 2243932.1)

Last updated on SEPTEMBER 26, 2017

Applies to:

PeopleSoft Enterprise SCM Purchasing - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

Use Tax is not calculating using the correct effective dated rate

Sales tax increases were entered on 03/09/17 with the effective date of 04/01/17. Vouchers dated 02/07/2017 are being calculated at the newest rate instead of the existing rate. Newest 04/01/2017 rate has been marked inactive in order to have calculations be correct. Why would the system ignore the effective date of the new rate?



Cause

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.