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Wrong Asset Value When Invoice Interfaced To Assets Having Reverse Charge Taxes (Doc ID 1983735.1)

Last updated on MARCH 08, 2017

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, India AP Localizations

ACTUAL BEHAVIOR
---------------
Invoice having the reverse charge Non Recoverable Taxes (Negative Line amount) is interfaced to oracle assets. Hence the total asset cost is reduced 

EXPECTED BEHAVIOR
-----------------------
System should not interface the reverse charge Non Recoverable Taxes  (Negative line amount)

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create the Purchase Order with asset clearing account
2. Assign the Reverse charge Service tax codes
2. Receive the PO
3. Create AP Invoice
4. Match the AP Invoice with Receipt

Cause

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In this Document
Symptoms
Cause
Solution
References


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