VAT Tax leaves a balance on AP Accrual A/c When Invoice Matched
(Doc ID 461099.1)
Last updated on NOVEMBER 14, 2008
Applies to:Oracle Purchasing - Version: 220.127.116.11
Information in this document applies to any platform.
the Inventory AP Accrual shows a credit of $1050 including the tax amount. AP Invoice is
created and matched to the receipt. The total invoice amount is $1050 . The Inventory AP accrual
shows a debit of $1000 and $50 is debited to the VAT Tax input account mapped to the tax
code. Hence there is an imbalance of $50 in the Inventory AP accrual account.
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