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EBI9.1: BRAZIL LOCALIZATION: System Does Not Calculate PIS and COFINS Taxes Correctly when Uses ICMS and ICMS FECP (Doc ID 2817098.1)

Last updated on NOVEMBER 04, 2021

Applies to:

PeopleSoft Enterprise FIN Billing Brazil - Version 9.1 to 9.1 [Release 9]
Information in this document applies to any platform.

Symptoms

While creating new basis setup with the possibility to include the FCP as part of the calculation, when users have FECP on ICMS, it is correct, but PIS and COFINS taxes, that uses ICMS and ICMS FECP as part of the calculation processes, are getting wrong.

REPLICATION STEPS
=================
1. Setup PIS and COFINS, setup tax basis formula ICMS and ICMS FECP
2. Create new basis setup with the possibility to include the FCP as part of the calculation.



Cause

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In this Document
Symptoms
Cause
Solution
References


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