Receivables - EBS (MOSC)

MOSC Banner

Autoinvoice Project Billing Credits will not record tax in vertex

edited Nov 20, 2013 10:45PM in Receivables - EBS (MOSC) 1 commentAnswered
System setups:

We invoice using PA and credit via the invoice review in PA. We have the profile AR: Use Invoice Accounting For Credit Memos set to YES, and the the setup for the specific transaction type in AR has the Tax Calculation falg set to NO. We are also using Vertex O series as the third party tax engine.  If we set the transaction type tax calculation field to YES, we will generate tax that gets recorded to vertex but it uses current sysdate for the call.  Rates may have changed causeing a varience.

Issue:

Our credits seem to come back to us several months, and in some cases, quarters after the original transaction occured. Is there a systematic way to send the original transaction date for the tax call or do I need to customize our Vertex call for credits to ensure I credit the same tax rate?  Are there any profiles or setups needed to accomplish this?

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

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center