Attempt To Submit CIS 2007 Monthly Return: Invoice Price Variance Distribution Line Not Selected
Last updated on SEPTEMBER 14, 2016
Applies to:Oracle Public Sector Financials (International) - Version 12.0.3 to 12.1.2 [Release 12.0 to 12.1]
Information in this document applies to any platform.
IGIPGMTH module: IGI : CIS2007 Generate Monthly Returns Process
For a CIS 2007 Subcontractor:
You create a invoice and match it to a Purchase Order: there is a Price Variance between the Purchase Order and the Invoice. This creates an Invoice Price Variance Distribution line on the invoice
You pay the invoice
You submit the CIS 2007 Monthly Returns Report
You review the output:
The amount from the Invoice Price Variance Distribution line is not taken in account in the amount paid for the invoice
Note: The same issue happens for Exchange Rate Variance distribution line.
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