VAT SETTLEMENT FORM SHOWING WRONG CREDIT AMOUNT (Doc ID 2172059.1)

Last updated on AUGUST 14, 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, India AP Localizations

ACTUAL BEHAVIOR
---------------
VAT Credit amount is not matching with credit balance in settlement screen.

EXPECTED BEHAVIOR
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VAT Credit amount should be matching with credit balance in settlement screen.

STEPS
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The issue can be reproduced at will with the following steps:
1. Calculate total VAT Claim amount.
2. Check credit balance in VAT settlement screen

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot maintain statutory compliance related to VAT.

Cause

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