Failure to reflect updated Tax Recoverable Account in AP Invoices for Tax Rate
Summary:
Unable to reflect the updated tax recoverable account in AP invoice after updating the tax rate configuration
Content (please ensure you mask any confidential information):
We need to update the Natural Account segment for the Tax Recoverable Account associated with Tax Rate A (Percentage type).
Despite updating the configuration and using appropriate effective dates, New AP Invoices continue to pull the legacy/incorrect account combination.
Here are what had been tested for Tax Rate A:
- - in Rate Periods, End-dated the original tax rate (25%) effective 01-JAN-1969.
- - Created a new tax rate record (20%) with the corrected Tax Recoverable Account, effective 02-JAN-1969.
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