R12.0.4:Wrong WHT tax calculation basis:

[k.khan]

JUST EXAMPLE SEE THE FOLLOWING CASE WHICH IS AS PER LAW IS "WRONG"

USD 100 EXCHANGE RATE 10 WHT TAX RATE 10% FUCTIONAL AMOUNT 1000

AT THE TIME OF PAYMENT

USD 90 EXCHANGE RATE 20 WHT TAX RATE 10% FUCTIONAL AMOUNT 1800

SYSTEM CALCULATE IT LIKE THAT WHICH IS "WRONG"
WHT INVOICE 10*10=100



SHOULD HAVE CALCLUTED IT LIKE

10*20(PAYMENT RATE)=200

HOPE THAT YOU WILL GET MY POINT THIS IS THE REASON WHY I AM DOING THIS ALL RND

REGARDS
K.KHAN

[oracleapps1983]

Hi K.Khan

I am not under standing Properly. Total Invoice when 100USD*10=1000. Then the Rate goes to 20 per USD or What.

In Payables Options to Calculate AWT at what level it is select
.At Validation Time
.At Payment Time

If you select at validation time is selected then there is no concept on Payment of AWT. Converion Rate for AWT is taken at time of payment to WT Officer.

Regards
Oracleapps1983