My Oracle Support Banner

EAP 9.1 Brazil: Treatment of ISS For Suppliers Simple National Tolerance Retention (Doc ID 2587678.1)

Last updated on APRIL 26, 2021

Applies to:

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


Treatment of ISS for suppliers Simple National

Supplier Registry with the following retention:

% Tolerance Max. ISS "National Simple" = 89.6% When the ISS Tax is = 5%, you could enter the tax amount up to 89.6% lower than the 5% calculated.
INSS Rule of 3.50%
ISS Rule of 5.00%
Fiscal Note:
Total value of NF ..: 54,000.00
ISS of NF 4.48% ....: 2419.20
INSS of NF 3.50% ...: 1890.00
You could not enter a value less than 2419.20 (54000 * 5% = 2700 * 89.6% = 2419.20).

System allowed this transaction ONLY when the retention tolerance value in the Business Unit is above the difference calculated by the system versus what is in the tax receipt.
For treatment of ISS for Simple National this can not be the solution as opening retention tolerance within the Business Unit will cover all retentions, and not just ISS.


To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.