12.1.3 Payables tax on header level
Hi Oracle Gurus,I’ll appreciate any help/guidance in the following requirement issue:
Standard payables invoice with more than 1 Item line and identical taxes/tax rates (20% VAT) on each:
1-st Item Line taxable basis: 500$
2-nd Item Line taxable basis: 200$
3-rd applied Prepayment line taxable basis: -100$
I need a single Tax line calculated on taxable basis: 600$ (500+200-100) * 20% = 120$.
Currently I have 3 tax lines calculated for each Item line.
Do you have any suggestions about setup or workaround? The need of such tax behavior is due legal requirements.
Thanks in advance for the support.
Regards
Krasen
Standard payables invoice with more than 1 Item line and identical taxes/tax rates (20% VAT) on each:
1-st Item Line taxable basis: 500$
2-nd Item Line taxable basis: 200$
3-rd applied Prepayment line taxable basis: -100$
I need a single Tax line calculated on taxable basis: 600$ (500+200-100) * 20% = 120$.
Currently I have 3 tax lines calculated for each Item line.
Do you have any suggestions about setup or workaround? The need of such tax behavior is due legal requirements.
Thanks in advance for the support.
Regards
Krasen
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