GST: Non Recoverable Tax On Purchase Receipt Not Updated To The Item Cost On Receiving Date (Doc ID 2946360.1)

Last updated on MAY 20, 2023

Applies to:

Symptoms

ACTUAL BEHAVIOR
---------------
Non-Recoverable Tax on Purchase Order Receipt not updated to the Item cost the Receiving Date.

Material Purchased on 13-Sep-2022 With Non-Recoverable Taxes.
But after Certain days on 01-Oct-2022 Non-Recoverable Taxes is Updated and added with Item Cost.
For this reason When the material is sold after GRN (13-Sep-2022), the COGS Amount is being considered without Non-Recoverable Taxes and on 01-Oct-2022 item Cost is very highsuddenly.

EXPECTED BEHAVIOR
-----------------------
The item cost should have updated with the non-recoverable tax on the same date it was delivered.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Navigate to India Local Purchasing > Receipts.
2. Perform receiving of goods.
3. Add non-recoverable taxes on it from Tools > India Tax Details.
4. Confirm taxes and save receipt.
5. Go to receiving transactions and deliver the receipt.
6. Find that the item cost is not updated with the non-recoverable tax amount.

Changes

Cause

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.