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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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