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GST: Wrong Reversal Amount Of GST Taxes On Advance Adjustment (Doc ID 2530636.1)

Last updated on DECEMBER 04, 2019

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, GST

ACTUAL BEHAVIOR
---------------
Wrong reversal amount of GST taxes on Advance adjustment


EXPECTED BEHAVIOR
-----------------------
Incorrect accounting for advance receipt reversal.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
Lets say, Applied total invoice of INR 4,01,004.12/-against advance no. ADV-32-2017-001. Correct amount of GST reversal is INR 61,170.12/- whereas system is reversing GST of INR 59,569.60/-

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot reconcile accounts

Cause

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In this Document
Symptoms
Cause
Solution
References


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