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EAP: VAT IS CALCULATING FOR CUSTOMER WHOSE APPLICABILITY IS OUTSIDE OF SCOPE OF VAT (Doc ID 2709693.1)

Last updated on SEPTEMBER 11, 2020

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

ISSUE:


When creating a quick invoice for a BU that has setup at VAt Entity - VAt Defaults , for Goods and service declaration point as ‘ AT Accounting Date’ and on Payable option- Vat Default asGoods and service declaration point as ‘ AT Delivery Time’, after build that voucher, the value is ‘A’ for Accounting under the field ‘VAT_DCLRTN_POINT’ instead of ‘D’ for Delivery


STEPS:

1.Vat reporting entity HU018

Click on ‘VAT Default’

2.Select Goods and service declaration point as ‘ AT Accounting Date’

3.Go to payable option for bu HU018

4.Click on ‘VAT Default’ under ‘Tax Option’ page

5.Select Goods and service declaration point as ‘ AT Delivery Time’

6.Create a quick invoice entry using the above BU and build the voucher:

7.Run a query in voucher table using below sql:

Query SQL
SELECT A.BUSINESS_UNIT, A.VOUCHER_ID, A.VAT_DCLRTN_POINT
  FROM PS_VOUCHER A
  WHERE ( A.BUSINESS_UNIT = 'HU018'
  AND A.VOUCHER_ID = '00006093')

8. You can notice the value is ‘A’ for Accounting under the field ‘VAT_DCLRTN_POINT’ instead of ‘D’ for Delivery



Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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