My Oracle Support Banner

E1: 76E: Voucher Entry Rounds Taxes in Aggregate Instead of at Individual Tax Level (P0411) (Doc ID 2741841.1)

Last updated on JANUARY 12, 2021

Applies to:

JD Edwards EnterpriseOne Accounts Payable - Version 9.2 and later
Information in this document applies to any platform.

Symptoms

Symptoms

When using Standard Voucher Entry (P0411) to enter vouchers with Ecuadorian Localization active, rounding for the Total Tax Amount and Gross Amount is done using aggregated tax values when more than one tax rate is in the setup of the Tax Rate/Area used.  Rounding should instead be done at the individual tax level prior to aggregation of tax amounts.

Steps to reproduce:

  1. P0092 - Set user to EC localization
  2. P01012 - Set Tax Person Code for Company being used
  3. P01012 - Set Tax Person Code for Supplier being used
  4. P76E0002 - Set up Additional Pair Tax setup with 3 records using Tax Person Code (T/C) Company and (T/C) Supplier values set up in prior step. Set Calculate Account Payables (Y/N) to Y on first two records, and N on third.
  5. P4008 - Set up tax rate/area IVA-70-1 with the following rates:

GL Offset:       Tax Rate:

RT2%             2.750-

IVA              12.000

70RF             8.400-

 

  1. P0411 - Voucher Entry Test - Enter standard header information, then enter only the IVA-70-1 Tax Rate/Area, C Tax Expl Code, and 2.63 Taxable Amount values on the grid record.
  2. P0411 - Moving out of the Pay Item 001 grid record into the Pay Item 002 grid record allows the system to calculate the Tax Amount and Gross Amount values. Notice that the calculated amounts (Gross Amount 2.87 and Tax Amount 0.24) are the result of rounding AFTER aggregating the individual unrounded tax amounts, as opposed to being rounded BEFORE aggregating the individual tax amounts (where the Gross Amount would instead be 2.88 and Tax Amount would instead be 0.25).

 

Changes

 

Cause

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Symptoms
Changes
Cause
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.