VAT Settlement Form Showing Payable Amount If The Credit Is More Than Debit (Doc ID 2121076.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Financials for India - Version 12.2.5 and later
Information in this document applies to any platform.

Symptoms

On :  12.2.5 version, Value Added Tax Setups-General

ACTUAL BEHAVIOR  
---------------
"Payable amount" in Settlement form is showing difference of debit and credit when credit is more then debit

EXPECTED BEHAVIOR
-----------------------
"Payable Amount" should be equal to 0 when credit is more than debit

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Navigate to settlement form
2. Provide details and click on "Get Details"
3. Check the "Payable Amount" field

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot have correct settlement performed

Cause

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms