Payables tax issue
Hoping I might catch someone on here who may have encountered this issue...we are going live with a reimplementation of E-Business Tax (to replace the 11i upgraded regimes with a completely new regime from scratch) on 01-Dec-2011. This has been done to support some new fuel excise taxes that the Australian Tax Office are imposing on certain suppliers.
The problem we have recently encountered and working through is where a user enters in a backdated AP invoice (invoice date prior to 01-Dec) but matched to a newly created purchase order in the system (ie. a purchase order with a creation date after 01-Dec). Obviously in our testing we have a different cutover date (like 21-Nov-2011 rather than 01-Dec-2011). When we calculate tax on the AP invoice it will correctly pull the old tax regime's tax as a line on the AP invoice but in addition to that, it pulls the NEW regime's tax from the Purchase Order but with