EAR9.0+: Final VAT Line is Missing When Generating Accounting Entries for Direct Debit Cash Control
Last updated on FEBRUARY 01, 2018
Applies to:PeopleSoft Enterprise FIN Receivables - Version 9 to 9.2 [Release 9]
Information in this document applies to any platform.
On : 9 version, Direct Debit
When Generating Accounting Entries for Direct Debit Cash Control the Final VAT line is missing.
Correct VAT line Entry should be generated.
Steps To Replicate
- Create 2 Pending Items for Direct Debit Customer (Example USADD001) with VAT amount and Take Declaration Point: as Payment at VAT Header level.
- Create accounting Entries for the items so that Intermediate VAT will be generated.
- Post the Group.
- Change the Due date to past date for first item and change the Payment Method as CHECK for the second item.
- Create Direct Debit for the first item by running AR_DIRDEBIT .
- Approve The Direct Debit and Remit it to bank.
- Run ARUPDATE.
- Create a regular deposit for second item and apply full payment using Payment Worksheet.
- Set the Worksheet to Batch Standard and run ARUPDATE.
- Check the Accounting entries for the first item for Direct Debit Cash Control and see that Final VAT accounting Entry is missing.
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