R12:AP:Tax Discount Entries Are Transfering Into Mass Additions
(Doc ID 1589930.1)
Last updated on MARCH 02, 2019
Applies to:Oracle Payables - Version 12.1.3 and later
Information in this document applies to any platform.
In Payables when an invoice is entered with asset clearing and the invoice also includes tax which is the normal case. If the payment term allows discount and the invoice is paid in time, discount will be taken. The discount is divided so that the item line gets it's proportion of the discount and the tax line gets it's proportion. See the accounting entries attached for both the invoice and the payment.
Now the problem is that the discount line for the tax is transfered to Mass additions.
Requirements to Transfer Lines to FA
In order for an invoice distribution amount to be transferred to FA, the invoice must meet the following conditions:
• If an invoice distribution charge account is an asset type account, then that account must be set up in Fixed Assets on an asset category as either an Asset Clearing Account or a CIP Clearing Account. If it is not set up, the mass additions create process will select the invoice distribution line for evaluation, but it will be rejected by the FA code.
SO THE TAX DISCOUNT LINES SHOULD BE REJECTED as the account 226459 is not any asset cost clearing account.
We need a fix on the same for not allowing the tax line discount to pass to Mass addition.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document