GST: RTN invoice is not getting generated for threshold transition rollback under multiple threshold slabs
(Doc ID 2733518.1)
Last updated on FEBRUARY 04, 2022
Applies to:
Oracle Financials for India - Version 12.1.1 to 12.2.9 [Release 12.1 to 12.2]Information in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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RTN invoice is not getting generated under multiple threshold slabs.
EXPECTED BEHAVIOR
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RTN invoice is expected to be generated.
STEPS
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Multi rate slab scenario:
1. Navigate to Oracle Financials for India > Withholding Tax Setup > Define Threshold Setup
0 --- 50,000 ---> 1% Rate ---Slab 1
50,001 -- unlimited ---> 5% Rate ---Slab 2
2. Navigate to Accounts Payables Responsibility > Invoices > Entry > Invoices.
3. Create an AP invoice 'INV01' with amount '20000' and apply TDS tax.
-TDS deducted 200 - Correct
4. Create an AP invoice 'INV02' with amount '35000' and apply TDS tax.
-Transition of Slab : TDS deducted 550 - Correct
5. Create AP Invoice 'INV03' with amount '15000' and apply TDS tax.
-TDS deducted 750 - Correct
Here if user cancels the 'INV02', then threshold rollback should happen on 'INV03' and RTN should get generate.
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |