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Tax rate variance(TRV) accounting is not working as expected.

edited Jan 6, 2025 12:20PM in Tax & Global 1 comment

Summary:


Tax rate variance(TRV) accounting is not working as expected

Content (please ensure you mask any confidential information):

The tax rate variance is being calculated in the invoice as there is no tax enabled at the PO level and the tax calculation is enabled at the invoice level. This is a valid behavior of the system where the TRV is being calculated for the tax calculated. The issue is in the accounts being picked for recording the TRV. As per the oracle docs it is calculated in the case of PO PO-matched invoice and the tax is non recoverable and the accounting should be picked up from the invoice distribution. But this is not being observed in the

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