EAP:Payment Post Generating RSA Entries For Federal Payment With Late Charges (Doc ID 2167649.1)

Last updated on AUGUST 01, 2016

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.1 and later
Information in this document applies to any platform.

Symptoms

Payment Post generating RSA entries for Payments associated with Late Charge payments.
This only with Federal Payments for voucher(s) with multiple lines and Late Charge is incurred.

Steps:
1. Payables Installation : Enable Federal Payment and Late Charge

2. Late Charge Code - LATE with Interest Rate = 4.25 %

3. Enter Voucher with following details:
Invoice Date = 12/02/2015
Accounting Date = 01/21/2016
Schedule Due Date = 01/21/2016
Total Amount = 4619
Voucher Line Amount
Line # 1 741
Line # 2 790
Line # 3 30
Line # 4 255
Line # 5 78
Line # 6 75
Line # 7 340
Line # 8 2310

Late Charger Code = LATE

4. Using Express Pay Cycle pay the Voucher with Payment date of 01/22/2016
5. Voucher paid and Late Charge calculated is 11.29
6. Post Payment.
7. Review Voucher Accounting Entries for Payment - RSA entry for 0.1 generated.

                                      Voucher Line Amount                Late Charge                Calculated CAS Entries
-----------------------------------------------------------------------------------------------------------

Voucher Line # 1                 741                              1.81                                -742.81
Voucher Line # 2                 790                              1.93                                -791.93
Voucher Line # 3                   30                              0.07                                  -30.07
Voucher Line # 4                 255                              0.62                                -255.62
Voucher Line # 5                   78                              0.19                                 -78.19
Voucher Line # 6                   75                              0.18                                 -75.18
Voucher Line # 7                 340                              0.83                                -340.83
Voucher Line # 8                         10                                         5.66                                        -2315.65 <====================== CAS Entries off by penny (0.1)
---------------------------------------------------------------------------------------------------------------------
Total Amount                            4619                                      11.29                                      -4630.28

Note: If in above scenario if Federal Payment is turned off but Late Charge is still enable , Payment Post will not generate RSA Entry for the same voucher and payment.



Cause

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