Reverse Service Charge Liability Is Generated In Future GL Date For Invoices (Doc ID 2095657.1)

Last updated on JANUARY 22, 2016

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, Service Tax - P2P

ACTUAL BEHAVIOR
---------------

Reverse Service charge liability is generated in future GL date for Invoices


EXPECTED BEHAVIOR
-----------------------
System should generate the liability entries in the current period

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. create invoice
2. attach taxcode where tax point basis blank
3. validate invoice
4. run service tax processing

Cause

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