PO Rollover Process Rolls Entire Sales Tax Amount for Partially Vouchered Purchase Order When Voucher Was Tax Exempt.
(Doc ID 2693581.1)
Last updated on JULY 22, 2020
Applies to:PeopleSoft Enterprise SCM Purchasing - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
PO Rollover rolls entire Sales Tax Amount for partially vouchered PO when voucher was tax exempt.
1. Create a PO with one line. 1 EA @ $100. Amount Only. $8 sales tax.
2. Budget check and Dispatch the PO.
3. Receive for $10
4. Create voucher from the receipt for $10. Voucher is tax exempt.
5. Budget check voucher.
6. Rollover the PO.
7. Look at the PO distributions (PO_LINE-DISTRIB).
Distribution 1 - Amount is $10 and tax rate is 8%...but Sales Tax Amount is zero. Sales Tax Amount should be $0.80 ($10 x 8% = $0.80)
Distribution 2 - Amount is $90 and tax rate is 8%...but Sales Tax Amount is $8.00. Sales Tax Amount should be $7.20 ($90 x 8% = $7.20)
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