Last updated on JUNE 07, 2016
Applies to:JD Edwards EnterpriseOne Procurement and Subcontract Management - Version 9.0 and later
Information in this document applies to any platform.
Voucher Match (P4314)
When Use Tax is added during 3-way voucher match, and the Inventory On-Hand Quantity is less than the Voucher Match Quantity, part of the Use Tax amount gets written to a G/L variance account.
The client expects the entire Use Tax amount to get written to the G/L account setup under DMAAI 4350.
The issue can be reproduced at will with the following steps:
- User creates a purchase order for a quantity of an inventory item with no tax information populated.
- User receives the purchase order for the same quantity, and still there are no taxes.
- User sells, or consumes units of the item so that now the Inventory On-Hand Quantity is less than the quantity received on the PO.
- User creates a 3-way match voucher, populating Tax Explanation Code U (Use Tax) and a Tax Area on the Voucher, so the Use Taxes are assessed.
- The Voucher 3-way match voucher is Posted.
- The journal entries created are as follows:
- Debit to Received Not Vouchered Account (AAI 4320) for Amount of the Inventory
- Credit to the AP Trade Account (PC AAI) for the Amount of the Inventory
- Credit to the Use Tax Purchases Account (PT AAI) for the Amount of the Use Tax
- Debit to the Purchase Tax Accrual (AAI 4350) account for most but not all of the Use Tax
- Debit to a Variance Account for the balance of the Tax Amount attributed to the quantity of items that was under the quantity of the original receipt.
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