VAT Is Added to the Cost of the Asset when Interfaced from Receipts (Doc ID 2068948.1)

Last updated on OCTOBER 27, 2015

Applies to:

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


When we create a PO followed by a receipt against it, and when the receipt is interfaced to AM, it adds the VAT to the asset cost.

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

  1. Setup the VAT for Canada business unit.
  2. Create a PO for Canada Business Unit and provide Asset Information(Business Unit and Profile Id).
  3. Dispatch the PO.
  4. Create a Receipt for the PO.
  5. Select the Check box 'Interface Receipt' Save the Receipt.
  6. Check the Asset, VAT amount is added to the Asset.


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