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Receiving Inventory and Inventory AP Accural Accounts Are Not Getting Nullified Incase Of PO(Purchase Order) Is Having Inclusive Taxes (Doc ID 1633822.1)

Last updated on SEPTEMBER 01, 2016

Applies to:

Oracle Financials for India - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, Excise - Procure to Pay Cycle

ACTUAL BEHAVIOR
---------------------
On PO Receipt for inclusive tax, the balance is not being knocked off in AP Accrual Account.
Therefore AP accrual account shows balances

EXPECTED BEHAVIOR
-----------------------
On PO Receipt for inclusive tax,
  balances should be knocked off in AP Accrual Account.


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1)Create a PO

2)Apply Excise Inclusive Recoverable taxes

3)Create the receipt

4)Claim the cenvat

5)Create the Invoice with receipt match




BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot reconcile due to wrong accounting

Cause

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