Last updated on OCTOBER 09, 2017
Applies to:PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
PeopleBooks has the following information regarding VAT Registration ID:
PeopleSoft FSCM 9.2 > PeopleSoft Source to Settle Common Information > Entering Supplier Identifying Information > VAT Registration Details Page
VAT Registration ID
Enter the supplier's VAT registration ID for the country. It is not necessary to enter a VAT registration ID, but if you do, the system validates it against the algorithm for the country and issues a warning message if the number that you enter is not in the valid format for this country.
In Release 9.1, Customer was able to create a Vendor with the VAT Registration box checked on the Vendor > Identifying Information page, click the Registration hyperlink, populate the VAT Registration Details page with
the Country and Home box checked but leave the VAT Registration ID field blank. They were then able to save the Vendor without any issues.
However in Release 9.2, this is not the case. If the above steps are followed when saving the Supplier, an error occurs.
The VAT check box is selected but there is no VAT registration information for the Vendor. (7025,137)
The VAT check box on the "Identifying Information" page indicates that VAT will be calculated for this Vendor. If it is selected, VAT registration information must be provided in order for VAT to be calculated.
It appears that an additional validation check was added to Supplier processing as part of Enhancement Bug 20825842 - ENH: VAT/SUT IMPLEMENTATION FOR REAL ESTATE MANAGEMENT, which was originally incorporated into Image #14. This means that Suppliers are now required to have a VAT Registration ID if the VAT Registration check box is checked.
However, in Canada the VAT registration ID is not required for businesses that are smaller than a specific size but the VAT calculations are still needed. As a result, the check box needs to be checked in order to set defaults. This results in the customer having a very large number of Suppliers with no VAT Registration ID. Thus, they are unable to make any changes to these Suppliers, and they are unable to add new Suppliers with the same circumstances.
1. Navigate to Suppliers > Supplier Information > Add/Update > Supplier
2. Display Supplier ID = CAN0000001
3. On the Identifying Information page, click the Registration hyperlink
4. On the VAT Registration Details page, blank out the VAT Registration ID
5. Click OK
6. Save the page
7. Above error occurs
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms