E1: 74Y: Error 024D Incorrectly Set When Re-Inquiring On Notula (A.k.a. Italian Prepayment Voucher With Withholding Tax) (P740411, B7400110, B74Y0040)
Last updated on AUGUST 22, 2017
Applies to:JD Edwards EnterpriseOne Accounts Payable - Version 9.0 to 9.2 [Release 9.0 to 9.2]
Information in this document applies to any platform.
After activating and setting up Italian localization, enter an Italian prepayment voucher, also called a "notula", using Standard Voucher Entry (P0411). No errors are set.
Re-inquire on the notula: P740411 sets error 024D:
Withholding Tax Amount Not In Balance
CAUSE . . . The withholding tax value of this voucher does not balance with the voucher total amount.
RESOLUTION: The correct calculation should be based on the following algorithm:
Total Voucher Amount =
1) Taxable Amount Not Subject To Withholding Tax +
2) Taxable Amount Subject To Withholding Tax +
3) Vat Amount - Withholding Tax Voucher
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