E1: 76C: Post Of Foreign Currency Voucher With Taxes Creates CA Ledger Entries For The Taxes In Domestic Currency Amounts (R09801 version ZJDE0002, B76C0015, B76C0009)
(Doc ID 2547511.1)
Last updated on JANUARY 17, 2020
Applies to:JD Edwards EnterpriseOne Accounts Payable - Version 9.2 and later
Information in this document applies to any platform.
With Colombia localization set up and activated, the post (R09801) of a foreign currency voucher does not create the CA ledger entry correctly for the entry (entries) to the Colombia tax account(s). This happens when after opening Standard Voucher Entry (P0411) and clicking on Add, the foreign checkbox is unchecked, and the domestic side of the foreign currency voucher is entered.
Steps to reproduce:
- P0092: activate Colombia localization by putting CO in the Localization Country code field; log off and back in.
- P0005: set up the UDCs for Colombia taxes
- IV: set up the processing option of P76C0101
- Set up a company for Colombia (P01012, P76C0101, P0010, P7400010)
- P0022: set up tax rules for this company
- Economic Activity (P76CI00): specify the dates, rate, and amount by the city and economic code for the Colombian tax type(s)
- P4008: set up a Colombian tax/rate area
- Tax Parameters (P76CI00): set up for the Colombia tax/rate area
- P0012: set up RTyyyy tax AAI
- Set up a Colombian supplier (P01012, P04012, P76C0101): set USD as its default currency, and the tax rate/area from Step 7 as its default tax rate/area
- P0411: create a voucher for this supplier for the Colombian company as follows:
- Set the transaction currency to USD
- Uncheck the foreign checkbox
- In the grid, enter the domestic value (in COP) of the voucher
- Click on OK, and enter the GL distribution side.
- Click on OK to save the voucher
- R09801: post the voucher
Result: Post goes out of balance. R09801E PDF shows that the post did not use the voucher's exchange rate to calculate the foreign currency value of the tax amount. Even though the currency code shown for the CA ledger entry of the tax account is USD, the amount/value is the same as that of the AA ledger entry in COP. The post did calculate the foreign currency entries to the A/P Trade account and the expense account(s) correctly.
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