Attempt To Run CIS 2007 Monthly Return: Report Output Shows Wrong Figures For Invoice With Retention And Discount
(Doc ID 1508469.1)
Last updated on JULY 04, 2019
Applies to:Oracle Public Sector Financials (International) - Version 12.1.1 and later
Information in this document applies to any platform.
ConcurrentProgram:IGIPGMTH - IGI : CIS2007 Generate Monthly Returns Process
- You enter a Payables invoice showing Retention and Discount like:
Withholding Tax Group is CIS Net (20% deduction rate)
- You pay it
- You navigate to the Monthly Returns page
- You submit the Monthly Return
- You review the Monthly Return output. It shows:
Total Payments: 127.67
Taxable Amount: 72.00
Tax Deducted: 14.28
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