EAP: Payment Post Creates RSA When VAT Input Credit Recoverable Line Is Involved
(Doc ID 2940394.1)
Last updated on APRIL 12, 2023
Applies to:
PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]Information in this document applies to any platform.
Symptoms
In the case of inter unit transactions, when posting a payment that generates VAT credit lines, VAT input recoverable credit line and an incoherent rounding suspense account line are getting generated.
Steps:
0. Prerequisite for replication:
Setting VAT inter-unit options for SetID (Navigation: Set up financials/Supply Chain > Common Definitions > VAT and Instrastat > Value Added Tax > Business Unit Interunit Options).
- Set all options to "Distribution line GL Business Unit.
1. Creating an online voucher (Navigation: Accounts Payable > Vouchers > Add/Update > Regular Entry | [AddNew Value]).
Summary: Creating, paying then posting an online regular voucher with:
- VAT declaration point set at Payment time.
- A least one distribution line with a negative merchandise amount.
- … and on a GL business unit other than the one associated with the header AP business unit.
2. Saving the online voucher:
3. Voucher processing until payment posting: Budget check (executed from Regular Entry component for commodity only, not required):
4. Recording a payment (using manual payment):
Note : Used the accounting date as date of payment to avoid any change gains or losses.
5. Posting voucher (Navigation: Accounts Payable > Batch processes > Voucher > Voucher Posting).
6. Posting payment (Navigation: Accounts Payable > Batch processes > Payment > Payment Posting).
7. Review the Accounting entries (Navigation: Accounts Payable > Review Accounts Payable Info > Vouchers > Accounting Entries)
RSA inputs are created on all ledgers.
- Expected results:
Balanced interunit entries with no RSA entries when posting payments.
- Actual Results
Unbalanced interunit entries resulting in creation of RSA entries when posting payments.
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Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |