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Reverse Charge Mechanism (RCM) Tax Accounting Is Not Generated for Accounts Receivable (AR) Transaction Which Is Imported From Projects Draft Invoice (Doc ID 3052326.1)

Last updated on OCTOBER 13, 2024

Applies to:

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

Symptoms

 For AR Invoices imported from Projects draft invoice, RCM Tax accounting is not getting generated.

Below message is observed in FND Debug log :

Autoinvoice Import Program prints the following log message :

For Project Invoice we will hit liability_amount in dist ccid and No accounting from OFI OR INCLUSIVE CREDIT MEMO CALL IS MOVED TO TAIL END

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

1. Navigate to India Local Project Billing -> Billing -> Events -> Projects -> create Event and save it.
2. Go to View --> Requests and Submit 'PRC: Generate Draft Invoices for a Single Project'.
3. Draft Invoice will be generated.
3. Now go to Billing -> Invoice review and query the draft invoice, go to Tools --> India Tax Details.
4. Attach the RCM tax category with TPB as INVOICE and save it.
5. Approve and release the draft invoice.
6. Go to view --> requests --> Submit 'PRC: Interface Invoices to Receivables' to insert the data into AR interface tables.
7. Now navigate to India Local Receivables --> View --> Requests and submit 'Autoinvoice Import Program' to import the AR transaction.
8. Query the AR transaction and observe that Tax distributions are not generated, and RCM Tax accounting is not generated.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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