MULTIPLE TIME CURRENCY CONVERSION RATE GOT APPLIED WHILE CALCULATING EXCISE DUTY AT SHIPMENT (Doc ID 2034307.1)

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, Excise - Procure to Pay Cycle

ACTUAL BEHAVIOR
---------------
Excise invoice wrongly calculate the tax value

Cur Qty Rate Per Kg Exc 12.5% Total
USD 1 90,147.96 11268.5 101,416.46
In RG1 Form front end the excise duty it shown for correctly, but accounting entry generated multiple and update the Register, so we have to manually adjusted the difference value
Details for.
USD 90147.96 x INR 63.70 = 5742425.00 x 12.50% = 717803.10 (This is actual value)
But system generated
USD 90147.96 x 63.70 = 5742425.00 x 63.70 = 365792475.80 x 12.50% = 45724059.00.
So value it calculated multiple x multiple….
 
EXPECTED BEHAVIOR
-----------------------
The excise duty should get calculated correctly

STEPS TO REPRODUCE
-----------------------
The issue can be reproduced at will with the following steps:
1. Created SO
2. Attach IL Excise taxes to it
3. Book the order and ship confirm
4. After shipment RG23 part11 gets updated but is updated wrongly

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, Cenvat balance is calculated wrongly.

Cause

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