My Oracle Support Banner

GST :Exports- Bond Amount Not Reduced (Doc ID 2378418.1)

Last updated on FEBRUARY 21, 2019

Applies to:

Oracle Financials for India - Version 12.1.1 to 12.2.7 [Release 12.1 to 12.2]
Information in this document applies to any platform.


Reported Issue
This comes under Exports under BOND setup.
Wherein , post defining Bond with Amount under a specific tax regime and on raising an Order at the time of delivery,
Bond value should get reduced in. On Submission of Proof of Export for the transaction , the deducted entry
will be reversed back and the bond amount will be updated back.

Expected Behavior
Ideally , Bond amount should be reduced once the transaction is completed.

Steps for replication
1. Create a Sales order . Apply GST  taxes.
2. Book , Pick Release and ship confirm the order.
3. After delivery, the bond amount is expected to be reduced .
4. Once the proof of export is entered in , the credited bond amount in gl will be reversed back.


To view full details, sign in with your My Oracle Support account.

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

In this Document

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.