E1: 43: Deferred Tax on Retainage Rounding on Retainage Release

(Doc ID 2032708.1)

Last updated on NOVEMBER 04, 2015

Applies to:

JD Edwards EnterpriseOne Procurement and Subcontract Management - Version 9.1 to 9.1 [Release 9.1]
Information in this document applies to any platform.


Program: P4314 - Voucher Match

A rounding issue occurs when the taxes are applied to the retained amount for
VAT taxes during the voucher match process and retainage release.  When the
voucher is created, the deferred tax on retainage amount is not rounding up.
When the retainage is released, the deferred tax on retainage does round, but
this causes a .01 remaining amount in the accounts used for the PTVATD and
PCVATP AAIs.  This can only be duplicated using specific amounts for
retainage percentage and tax percentage..


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