Recoverable/Modvat Flag Does Not Set On BPA When Taxes Are Added Manually (Doc ID 2194874.1)

Last updated on FEBRUARY 26, 2017

Applies to:

Oracle Financials for India - Version 12.2.4 and later
Information in this document applies to any platform.

Symptoms

On : 12.2.4 version, Excise - Procure to Pay Cycle

ACTUAL BEHAVIOR
---------------
Modvat flag is not set by default for taxes which are recoverable.

EXPECTED BEHAVIOR
-----------------------
Modvat flag should be enabled by default for the recoverable taxes.

STEPS TO REPRODUCE
-----------------------
1. Create a blanket purchase agreement with Item as modvatable
2. Apply recoverable taxes on the lines.
3. Observe Modvat flag is not getting set for taxes which are recoverable.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users not able to claim cenvat for receipts.

 

Cause

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