EAP: Withholding Is Not Calculated On Voucher Net Amount (But Net + Excise i.e. Voucher Gross Amount) While Applying Regular Voucher To Prepayment Voucher.

(Doc ID 1947270.1)

Last updated on MARCH 18, 2016

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.


Withholding is not calculated on Voucher Net amount (but Net + Excise i.e Voucher Gross amount) while applying Regular Voucher to Prepayment Voucher.

Withholding Rule = 2% of Net Amount at Voucher Posting.

1) Create a Prepayment Voucher of 1020408 INR.
2) Post, Pay and Post the Payment of Prepayment Voucher.
3) Withholding Calculated = 20408.16 INR.
4) Create Regular Voucher with
Net amount: Rs. 127,889.20
Excise Tax: Rs. 15,807.11
Voucher Gross Amount = 143,696.31
Withholding Basis amount Rs.127889.20

5) Apply the Regular Voucher to Prepayment.
6) Post the Regular Voucher.

Expected result:
Withholding Amount should be 2,557.784 INR (2% of 127,889.20 ).

Actual result:
Withholding Amount is 2,873.93 INR (2% of 1,43,696.3 Net + Excise).


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