ISC Non Recoverable Accounting Entries Are Not Available In Destination Org For IOT when FOB is SHIPMENT (Doc ID 2022776.1)

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 PO Localizations

ACTUAL BEHAVIOR
----------------------------------
Non Recoverable accounting entries are not available in destination organization after receipt, we are doing FOB as SHIPMENT.

EXPECTED BEHAVIOR
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Issue – FOB point set to Shipment
Tax Type: Other Taxes

A/c Entries Should as below:

  Sending Organization:

  Debit: Inter Org Receivable A/C
  Credit: Other Taxes Payable (Other Taxes)

  Receiving Organization:
  
  Debit: In Transit Inventory A/C
  Credit: Inter- Org Payable A/C

Receipt – FOB point set to Shipment
Tax Type: Other Taxes

A/c Entries Should as below:

  Receiving Organization:

  Debit: Inventory Receiving A/C
  Credit: In Transit Inventory A/C


Issue is at the Receipt – FOB point set to Shipment. The Accounting entries are not generated. 

STEPS
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The issue can be reproduced at will with the following steps:
1. Navigate to India Local Inventory
2. Perform the Inter Org Transfer
3. Create the Receipt in the receiving organization

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, the accounting entries not getting created when the FOB point set to SHIPMENT.

Cause

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