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April 12, 2017

4/12/2017 02:31:00 PM
Oracle eBusiness Suite :Purchasing Tax options

Issue:Able create inclusive tax in case of Oracle Payables But failed to  calculate match the supplier invoice to the receipts transaction in PO.

Solution:Tax in PO is always exclusive and even for AP invoices which are matched to PO also will have exclusive tax, 

For that we have to setup following while setting up Tax Regime

Create a Tax Regime with the following options checked.
    • Allow Tax Inclusion: Standard Inclusive Handling - The price on the transaction line is inclusive of tax.
    • Allow Override and Entry of Inclusive Tax Lines - Lets you change the setting for tax inclusive handling at the tax level.
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