Receivables - EBS (MOSC)

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AR Tax Calculation base

edited Jun 25, 2017 11:36PM in Receivables - EBS (MOSC) 2 commentsAnswered ✓

Hi All,

The version I'm using is R12.1.3.

Currently, the tax amount is calculated in line level. The sum of line tax amount is not agreed to the total revenue multiple the tax rate.

For example , the total revenue is 148,895.28, tax rate is 5% , we expect to see the tax amount is 744.76. There are 13 lines with this AR invoice , the total of the line tax is 744.75.

Could you please advice how to resolve the rounding difference? is it possible to have the tax amount to be calculated base on the total revenue instead of line revenue amount?

Thanks & regards,

Anna

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