E1: 15: Recurring Billing Generation (R15100) for AR Tax Explanation Code with Gross Amount Greater than Taxable Amount Is Incorrect
(Doc ID 2912700.1)
Last updated on DECEMBER 05, 2022
Applies to:JD Edwards EnterpriseOne Real Estate Management - Version 9.2 and later
Information in this document applies to any platform.
Recurring Billing Generation will generate incorrectly the first billing line for Recurring Billing line with Tax Explanation Code AR and Gross Amount greater than Taxable Amount. With this setup, the difference should be Non Taxable Amount and the tax should be calculated on the Taxable Amount.
1. In Lease Master Revisions (P1501) enter one Lease.
2. Take Form Exit Recurring Billing and enter Recurring Billing with Tax Explanation Code=AR and with Gross Amount greater than Taxable Amount. This means the difference is Non Taxable Amount.
3. Run Recurring Billing Generation (R15100) for the first period of the Lease and notice the first line listed the Tax + Taxable Amount and the second line listed the Tax again and the total is Taxable + 2 x Tax Amount.
The expected result was to have the first line with the amount equal with the original Gross Amount from the Recurring Billing Line (that is Taxable Amount + Non Taxable Amount). And the second line with the Tax Amount.
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