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Tax Deducted at Source (TDS) Invoices Are Generated With Double Tax Amount for Foreign Currency PO Matched Invoices With Exchange Rate Variance (ERV) Distributions (Doc ID 2982502.1)

Last updated on OCTOBER 29, 2023

Applies to:

Oracle Financials for India - Version 12.2.1 and later
Information in this document applies to any platform.

Symptoms

When PO matched invoice is created with exchange rate variance then system is generating TDS Invoices with double tax amount.

The issue can be reproduced at will with the following steps:
1. Navigate to India Local Purchasing --> Purchase Orders --> Purchase Order.
2. Create a purchase order with foreign currency and approve the PO.
3. Now Navigate to India Local Payables --> Invoice --> Invoice.
4. Create a PO match standard Invoice and change the exchange rate.
5. Either attach TDS or Default the TDS using TDS defaulting mechanism.

6. Validate the Invoice and observe that TDS Invoices are generated with double tax amount.

Changes

 Applied patch 34886794:R12.JAI.C.

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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