Incorrect Suspense Service Tax Reversal Entries Generated By Payment Post for Credit Vouchers
(Doc ID 2275274.1)
Last updated on MARCH 26, 2019
Applies to:PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
Credit Voucher has Excise Tax Accounting Entries with different Amount for Accrual and Payment when payment posted with Debit Vouchers
1: Create a credit Voucher with Gross Invoice Amount (-427767.26) having Excise Amount (- 64165.10)
2: Create a debit Voucher with Gross Invoice Amount (491625) having Excise Amount (64125)
3: Create a debit Voucher with Gross Invoice Amount (57500) having Excise Amount (7500 )
4: Post all the Vouchers together
5: Process all the 3 vouchers together via Financial Gateway
6: Run Payment Post
7: Credit Voucher shows Tax Accrual Amount = -62026 and Tax payment Amount = -7250
Tax Accrual Amount and Tax payment Amount should be equal
Tax Accrual Amount and Tax payment Amount are not equal
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