GST: NON Recoverable Tax Is Picking Item Expense Account Instead Of AP Accrual Account
(Doc ID 2720565.1)
Last updated on NOVEMBER 13, 2024
Applies to:
Oracle Financials for India - Version 12.1.3 and laterInformation in this document applies to any platform.
Symptoms
On : 12.1.3 version and above, GST Payables
ACTUAL BEHAVIOR
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India GST Non recoverable tax amount going into expense account instead of AP Accrual Account
When we create invoice and apply GST taxes (non Recoverable) and the tax amount hitting in expense code (Distribution).
Actually it should be the AP Accrual Account
EXPECTED BEHAVIOR
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Expect the AP Accrual Account to be used for GST Non Recoverable Misc Lines
STEPS
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The issue can be reproduced at will with the following steps:
Create PO/Receipt Matched invoice with Non Recoverable Tax
BUSINESS IMPACT
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The issue has the following business impact:
Wrong Accounting
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |