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Tax Calculate on assessable value in Order Managment ( AR Transaction )

edited Oct 28, 2024 8:48AM in Order Management 2 comments

Summary:

We are Automotive supplier in Some case , Customer gave the Tool to us (Supplier) . So the Basic Value is calculated on Basic Rate, But tax calculated on assessable Value ( assessable line Value that is ( Basic+ Amort Value ).


Content (please ensure you mask any confidential information):

Basic Value Calculation = ( Basic Price * Qty ) E.g:- 10 * 100 = 1000

Tax Calculation = { ( Basic Price (10 )+ Amort Price (2) ) * Qty } E.g:- 12 * 100 = 1200 * 18% =216

Total Invoice Value = (1000+216)= 1216

Version (include the version you are using, if applicable):

Oracle Fusion Cloud Applications24C (11.13.24.07.0)



Code Snippet (add any code snippets that support your topic, if applicable):

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