EEX9.2 VAT ACCOUNT PULLS FROM VAT CODE INSTEAD OF VAT BUSINESS UNIT
Last updated on JULY 09, 2018
Applies to:PeopleSoft Enterprise FIN Expenses - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
VAT Account pull Account Number from VAT CODE instead of the VAT Business Unit
1) Setup Fin>Common Definitions>VAT and Intrastat>Value Added Tax>Vat Defaults
select VAT Driver :Expense Type and then enter SETID SHARE and then select an Expense Type.
Enter VAT reporting Country, Default State and in the VAT Code Defaults enter Taxable Goods Purchases as CA1 Canadian GST and Taxable Service Purchase as CA1, Canadian GST.
2) Setup Fin>Common Definitions>VAT and Intrastat>Value Added Tax>VAT Accounts by Business Unit
and input a specific account number for Input Rebate
3) Setup >Common Definitions>VAT and Intrastat>Value Added Tax>VAT Code go to the Accounting Information tab enter an Input Rebate account number.
(ensure the account number is not the same account number used by VAT Accounts by Business Unit).
4) Create an expense report for an employee in CAN business unit
5) Stage, Post Liability
6) Pay via Accounts Payable
7) Post Payment
Please see replication steps document for more details.
Actual Result: The account number is being pulled from the VAT Code Input Rebate account number and not from the Business Unit Account number.
Expected Result: The account number to be used will be pulled from the VAT Account Business Unit, specifically Input Rebate Account
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