Asset Lines Not Generated For Tax Amount On Expense Type Purchase Orders

(Doc ID 1578351.1)

Last updated on SEPTEMBER 01, 2016

Applies to:

Oracle Financials for India - Version 12.1.1 to 12.1.2 [Release 12.1]
Information in this document applies to any platform.


On : 12.1.3 version, Project Accounting

Not able to capitalize the Non-recoverable taxes

The program PRC: Generate Asset Lines for a Single Project is working only
for the PO Base Price.

The program PRC: Generate Asset Lines for a Single Project should generate base and tax lines

The issue can be reproduced at will with the following steps:
1.Create PO ,attach non-recoverable taxes & give Project details
(Task:Capitalizable in nature)
2.Receive it
3.Run PRC: Interface Supplier Costs
4.Run PRC: Update Project Summary Amounts for a Single Project
5.Check in Expenditure Inquiry , Item exp appears
6.Check in Capitalization screen for the project (Both Base Price & tax amt
appears in CIP column)
7.Now give asset details for the line & run PRC: Generate Asset Lines for a
Single Project.
Asset details available only for base price.

Unable to capitalize assets and it leads to period closure and its an serous issue for quarter results release of client business



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