LC/LI- VAT Amount Fired Under AMND Event Against Expiry Decrease Amendment
(Doc ID 3063879.1)
Last updated on DECEMBER 19, 2024
Applies to:
Oracle Banking Trade Finance - Version 14.7.0.0.0 and laterInformation in this document applies to any platform.
Symptoms
On : 14.7.0.0.0 version, Implementation Support
ACTUAL BEHAVIOR
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LC/LI- VAT amount fired under AMND event against expiry decrease amendment
Issue- VAT on commission amount fired under AMND event against expiry decrease amendment.
EXPECTED BEHAVIOR
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VAT should be correct
STEPS
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The issue can be reproduced at will with the following steps:
1) Booked an LC of amount 1000. Commission fired in CLIQ and VAT on commission fired in BISS event.
2) Now do amendment in LCDAMEND screen and increase the Expiry date to 2nd quarter. Commission on Initial Booking amount and VAT on the same fired in CLIQ event.
3) Now do amendment in LCDAMEND screen and increase the contract amount by 1200. Commission on Increased contract amount fired in CLIQ event and VAT on commission fired in AMND event.
4) Now do amendment in LCDAMEND screen and decrease the expiry date by 5 days.
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot validate the VAT
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |