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GST: RTN invoice is not getting generated for threshold transition rollback under multiple threshold slabs (Doc ID 2733518.1)

Last updated on DECEMBER 03, 2020

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  
---------------
RTN invoice is not getting generated under multiple threshold slabs.

EXPECTED BEHAVIOR
-----------------------
RTN invoice is expected to be generated.

STEPS
-----------------------

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


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