RTN Invoices Are Getting Generated With Wrong Amount (Doc ID 1923904.1)

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.

Goal

On : 12.1.3 version, Tax Deducted at Source-Payables

RTN Invoices are getting generated with Wrong amount

We have applied the patch for "Change in calculation logic for Tax Deducted at Source (TDS) on Service Tax Component"

Query:
Before applying Patch we have a prepayment invoice in that we have booked the invoice.
eg: Invoice amount: 10000
TDS: 1000 (10%)

But now after applying patch we have raised a Standard Invoice in that we have booked the invoice
Invoice amount 10000 with services tax.
Hence TDS deducted on base amount,
eg: Invoice total amount: 10000
Base amount: 8900
Services tax: 1100 (12.36%)
Now TDS deducted 10% on base amount that is = 8900*10% = 890
After doing Application for prepayment, RTN invoice get generated.
In this scenario RTN invoice generated of RS 890/-
So there is a difference of RS. 110/- .. So that's what we're going to do, How to adjust the balance amount
 

Solution

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