EAR9.1+: VAT Lines Not Generated For The Payment Entry Type When 'VAT Adjustment on Advance Pymt' Option Is Enabled (Doc ID 2104357.1)

Last updated on NOVEMBER 28, 2016

Applies to:

PeopleSoft Enterprise FIN Receivables - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

On : 9.1 version, Payment Predictor

ACTUAL BEHAVIOR
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VAT Adjustment not managed correctly by the Payment Predictor

EXPECTED BEHAVIOR
-----------------------

VAT Adjustment should be managed correctly by the Payment Predictor

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

 

  1. Enable 'VAT Adjustment on Advance Pymt' checkbox on the Receivables Definition page.
  2. Setup Predictor Method to process Under Payment and Over Payment.
  3. Create a Item.
  4. Create an On Account Item for the above Item.
  5. Create a new Payment using the AR_PAYLOAD process (Lockbox data source).
  6. Review the Payment and run the Payment Predictor process.
  7. Run ARUPDATE process to post the Payment.
  8. The On Account item got closed. But the VAT accounting entries are missing.

Cause

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