WRONG ACCOUNTING GENERATED IN LCM ABSORPTION IN CASE OF NON-RECOVERABLE TAXES , IT IS GETTING DOUBLED (Doc ID 2022249.1)

Last updated on APRIL 05, 2017

Applies to:

Oracle Process Manufacturing Financials - Version 12.1.2 to 12.1.3 [Release 12.1]
Information in this document applies to any platform.

Symptoms

The accounting generated for Landed Cost Absorption in case of non-recoverable tax is getting credited twice,
 i.e. once with Inventory AP Accrual & secondly with Landed Cost Absorption Account. The non recoverable tax is getting accounted twice.

The LCM is part of OPM Financials.

The following note has been used:
  EBS LCM : How Does the Landed Cost Management Impacts the Accounting Flow in a Procure To Pay Cycle (Doc ID 782920.1)

Cause

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