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.

Symptoms

On : 12.1.3 version, Project Accounting

ACTUAL BEHAVIOR
---------------------
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.

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


STEPS
-----------------------
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.

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

 

Cause

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