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Accounting Not Generated For Receipt Correction With Non-Recoverable Self-Assessed (RCM) Taxes (Doc ID 3018147.1)

Last updated on DECEMBER 09, 2024

Applies to:

Oracle Financials for India - Version 12.2 and later
Information in this document applies to any platform.

Symptoms

Self Assessed / Reverse Change (RCM) non recoverable tax accounting not generated for Receipt Corrections.

The non-recoverable RCM tax accounting should be reversed for the Receipt when Receipt correction is done.

The issue can be reproduced at will with the following steps:
1. Navigate to India Local Purchasing > Purchase Orders > Purchase Orders.
2. Create Purchase Order.
3. Navigate to Receipts > Create Receipt.
4. Go to Tools > India tax details and apply RCM Taxes on the receipt.
5. Save the receipt. At this point RCM accounting processed.
6. Go to Receipt > Corrections > Correct Receipt.
7. After correction, RCM accounting of the receipt doesn't get reversed.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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