Transaction tax entered in the invoice shouldn't appear in Invoice accounting
Summary:
Customer requirement is, Transaction tax entered in the invoice shouldn't appear in Invoice accounting. Reason is they are considering this tax as inclusive in the item cost, separate accounting for the Tax is not needed.
I have checked knowledge sources, there it is mentioned that “This is oracle standard functionality, if taxes are added to invoice lines those will appear in accounting.” Also I have checked Tax configuration, there I didn't find a option select this Tax as reporting type tax.
Content (please ensure you mask any confidential information):
Version (include the version you are using, if applicable):
Code Snippet (add any code snippets that support your topic, if applicable):
Tagged:
0