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GST: System Generating RCM accounting entries with Accounting Date Of Past Month (Doc ID 2592940.1)

Last updated on JANUARY 12, 2021

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 Payables

ACTUAL BEHAVIOR
---------------
RCM accounting entries getting generated in a closed period.
Issue observed for a few invoices.

EXPECTED BEHAVIOR
-----------------------
System should generate the RCM accounting entries in correct period.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. (N)->Payables Manager
2. Create an AP Invoice with RCM taxes.
3. Validate and account the invoice.
4. Observe that RCM accounting is not generated in correct period.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
1. Incorrect liability accounting.
2. Compliance issues.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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