E-Business Tax (MOSC)

MOSC Banner

Tax calculation on Credit Memo

edited May 7, 2013 11:25PM in E-Business Tax (MOSC) 2 commentsAnswered
Hi,While am creating an Invoice by taking a Customer and selecting item/memoline, tax classification code is defaulting and tax also calculating.
 But when am creating a Credit memo for the same Customer by selecting the same item/memoline tax classification code is coming by default but tax is not calculating for the Credit Memo.

Is there any specific setups required to calculate taxes on the Credit Memo (negative amount) ?
Any help in this regard greatly appreciated.

Thanks & Regards.

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Tax Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center