This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
benny
Posts: 127 Joined: Tue Nov 28, 2006 7:08 am
Location: India
Post
by benny » Tue Nov 09, 2010 1:24 pm
Hi Members,
We have a requirement where we need to have the Recoverable Tax account in AP to be defaulted from the Invoice distribution line.
As of now the Recoverable tax account is defaulting from the TAX RATE >> DEFAULT TAX ACCOUNT >>><b>TAX RECOVERABLE ACCOUNT/LIABILITY ACCOUNT.</b>
Is there an option that we can override the account given at the Tax rate and have the distribution account default.
Rel: 12.1.1
App: Payables/e-business Tax
Rgrds
Ben[?]
M.wattar
Posts: 10 Joined: Wed Oct 17, 2007 11:10 am
Location: Egypt
Post
by M.wattar » Tue Jan 04, 2011 10:13 am
Hi Ben ,
You can define another tax code or you can make SLA for specific condition take the inovice distribution account.
Thanks
Mohammed
badry
Posts: 15 Joined: Sat Jun 27, 2009 1:21 pm
Location: Egypt
Post
by badry » Fri Jun 10, 2011 5:35 pm
Hi Benny,
This is an intened funcionality for recoverable tax. You may use SLA as Mohamed told you to alter the distribtion account.
Regards,
Mohamed Badry
badry
Posts: 15 Joined: Sat Jun 27, 2009 1:21 pm
Location: Egypt
Post
by badry » Sat Jun 18, 2011 4:08 pm
Hi Benny,
Another solution I foud for you issue is you can define an new recovery rate with 0% and a new tax rate for this non recoverable tax and assign the 0%recovery rate to the new non recoverable tax rate
Regards,
Mohamed Badry
Users browsing this forum: No registered users and 2 guests