Oracle Receivables Activities – Asset Tax Rate code not in LOV

When setting up  Receivables Activities and you need to associate a tax rate to the ‘Asset Tax Rate Code’ or the Liability Tax Rate Code’ but the tax rate you’re looking for is not visible then it is probably because you have set up the tax rate but not associated any tax account or not associated a tax account that is linked to the same ledger used by the operating unit that the receivables activity is linked to.

 

To resolve the issue, you must add the tax account under the same ledger.