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Accounts Payable Credit Memo Added To Fixed Assets As Adjustment , Creates Different Value In Fixed Assets Corporate Vs Tax Book (Doc ID 2923144.1)

Last updated on FEBRUARY 24, 2023

Applies to:

Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.


while creating the Accounts Payable  credit memo,
Oracle treats it as an adjustment and in Corporate Book creates a posting that has one account statutory A and in Tax Book, it is statutory B, which is not correct.
The whole entry should be with Statutory A

Entry should be in Corporate Book only.


The issue can be reproduced at will with the following steps:

Asset Manager > Setup > Asset System > Book Controls>Generator Default

> Query for TAX Book


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