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GST: Misc Lines Generated For Reporting Purpose Only Taxes Resulting In Accounting Impact (Doc ID 2504816.1)

Last updated on JUNE 07, 2021

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, GST Payables

ACTUAL BEHAVIOR
---------------
For Payables invoices, Reporting Only Type taxes were created as MISC lines resulting in accounting impact

EXPECTED BEHAVIOR
-----------------------

Reporting only taxes should not cause any accounting impact for payables invoices

STEPS
-----------------------
The issue can be reproduced at will with the following steps:

  1. Create a standard invoice
  2. Apply Reporting only purpose taxes along with GST taxes.
  3. Misc lines got generated for reporting only taxes
  4. Accounting got generated for those misc lines post performing accounting.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot proceed and perform reconciliation and close books due to accounting issue.

Changes

 Extended functionality of reporting only taxes to Payables module.

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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