Tax percentage is not updated with the correct value in the invoice line in billing module.
Hi,
Tax percentage is not updated with the correct value in the invoice line.
When there is a tax jurisdiction and tax authority, the non taxable amount that comes from vertex is taken into consideration. In this case, the tax amount is getting calculated properly but the tax percentage(that comes from vertex), while summing for updating in the bi_line table shows an incorrect value.
Tax jurisdiction | Amount before applying tax | Non Taxable Amount from Vertex | Remaining taxable Amount | Tax Percent from Vertex | Calculated Tax Amount |
---|---|---|---|---|---|
X | 29,700,000.00 | 29698400 | 1,600.00 | 2.25 | 36 |
Y | 29,700,000.00 | 0 | 29,700,000.00 | 7 | 2079000 |
Z | 29,700,000.00 | 29698400 | 1,600.00 | 2.75 | 44 |
For the above data, the tax percentage that is getting updated in the bi_line table with a tax percentage as 12%.