ACCOUNTING OF FREIGHT CHARGES ON IMPORT PURCHASES
For import purchases of material, I need to book C&F charges as a part of inventory cost. The problem here is I receive about six bills separately at various dates for the same quantity (one for bonding, de-bonding, transfer from port to customs bonded warehouse, transport to production plant).
What is the way to account the same?
Kindly help me out.
regards,
Lalitha.
Hello
Check Shipment Cost Condition Type in TCode T_06.
For your reference. refer Standard Condition Type FS01 - Container/Wei/Dist & check how its scale is maintain.
I hope this can suffice your requirement. .
Thanks & Regards
JP
Similar Messages
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Wrong CHA Charges in Imports Purchase Order
Hi,
We are in the Process of creating the Imports Purchase Order.
The scenario is as follows:
The Exchange Rate = 49
We are entering CHA Charge = 2000 INR; the system converts the Condition Value as 40.82 USD in the Line Item of the Condition Tab of the Purchase Order
I am creaing the PO, doing the GR & MIRO on the same current date.
While doing the Goods Receipt, the following entry is passed:
In USD:
50100040 GR/IR ACCOUNT 1000.00- USD
50100300 Custom chg clg a/c 40.82- USD
20100020 000021000031 0000 1040.82 USD
In INR:
50100040 GR/IR ACCOUNT 49000.00- INR
50100300 Custom chg clg a/c 2000.18- INR
20100020 000021000031 0000 51000.18 INR
While doing the Invoice Verification, the following entry is passed:
400000 247 Learning Solutions P. Ltd. 2000- INR
20100020 000021000031 0000 0.18- INR
50100300 Custom chg clg a/c 2000.18 INR
My Question is: While entering CHA charges we are entering 2000 INR, but in MIGO, it is showing 2000.18. & in MIRO is passing a difference entry of .18 INR.
Why the system is behaving like this? Is the System passing correct FI Entries or do I need to change somewhere in the Configuration in MM / FI.
I have maintained the condition Type for CHA as follows:
In Control Data 1
Cond. class A Discount or surcharge
Calculat.type B Fixed amount
Cond.category B Delivery costs
In Group Condition Tab
Group Condition - Checked
RoundDiffComp - Checked
GrpCond.routine 1 Overall Document
Note: I have posted the same Query earlier also on SDN.
Please guide.
Regards,Hi PK,
Remember,
1. Exchange rates are maintained till 5 decimals in FI. (T code OB08 - OB ZERO 8)
2. You are keying in CHA carges in INR in PO & Clearing in INR in MIRO - Locically 1X1 formula applies.
3. in GR, the system uses the exchange rate and arrives at USD value.
Take the exchange rate and calculated this 2000 INR to USD, even in the calculator you will have small decimal differences.
Normally, these differences are posted to small difference account.
This case is SAP Std. Nothing to change in config.
Hope this helps.
Thanks & regards
Hameed Parvez -
I purchased an album through iTunes on my iPhone 4, and my PayPal account has been charged for the entire album. However, all but 2 songs would download to my phone. The other 2 have a download error. Any suggestions on how to fix the error, or to get a refund for the songs that I can't get?
I purchased an album through iTunes on my iPhone 4, and my PayPal account has been charged for the entire album. However, all but 2 songs would download to my phone. The other 2 have a download error. Any suggestions on how to fix the error, or to get a refund for the songs that I can't get?
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Can someone please answer my question?
Does anything show on your account's purchase history i.e. they are 'proper' charges and not temporary store holding charges ? If they do then try the 'report a problem' link to contact iTunes Support : http://reportaproblem.apple.com
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Hi All,
I am created one GRPO for raw material includes freight charges as Rs.200 which is inventories & system passed the respective entry to stock account including freight charges. The problem is when I create the AP invoice for the same GRPO, system pass the JE which debits the Inward transportation a/c by Rs.200 & credit the Sundries Rounding off A/c by Rs.200 along with other normal debit & credit.
I am not able to understand this behavior as system has already inventories the freight charges but its again hitting the expense account of freight charges.
Please reply as soon as possible.
Regards,
AbhishekHi ! Abhishek
Make ths setup in Test System and Try it.
1. Create a new Frieght Master.
2. Select Distribution Method as "Quantity"
3. Check the "STOCK" check box.
4. If, GL setup by Warehouse then, go to approp warehouse and set
Expenses Clearing Account - "clearing acc"( this account will be zero after invoice posted. same like
Allocation acc)
5. Book a GRPO with frieght.-see Audit report to confirm Frieght amount added with itemcost.
6. Book A/P invoice.
Acc posting.
GRPO:
Inv acc Debit
Allocation Acc Credit
Expenses Clearing Account Credit
AP Invoice:
Vendor Credit
Allocation Acc Debit (net 0)
Expenses Clearing Account Debit (net 0)
Hope this will help.
Regards,
Thanga Raj.K
09710445987 -
Purchase Analysis Excluding Freight Charges
Dear Expert,
Our purchase analysis report by ap invoice is exclusive freight charges, is it the norm? Is there anyway to include freight in the purchase analysis so that we can reconcile it against our purchase report?
Regards,
NgHi
In purchase analysis report you got Accessable value only. I think there is no way to add frieght charges in that report.
With Regards
Balaji Sampath -
Yes my itunes account was disable because i got charged for unathorized purchases and due to that fact i cannot download any apps or get my music from icloud because my account is disable can you help me please,?
Try contacting the iTunes Store: http://www.apple.com/support/itunes/contact/
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I have a balance on my ITunes account, but when I try to purchase music, it says my credit card will be charged. Why can't I use my current balance? and why does't it show up in the ITunes store account. It appears on my IPhone.
Well no, not from my experience. Last night, with a balance of about $42 in the iTunes store (several gift cards this summer) I purchased a 4.99 app - credit card was charged, not the balance in the iTunes store.
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I have purchased and began to download music several times. While i is downloading iTunes quits and when I come back to iTunes my account has been charged and my songs have not been downloaded? How do I get my songs?
Hi there Angel T,
You may find the articles below helpful.
iTunes: Finding lost media and downloads
http://support.apple.com/kb/TS1408
Downloading past purchases from the App Store, iBookstore, and iTunes Store
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Scenario on Purchasing Process - Freight Charges to Different Vendor
Hi Experts,
We have a business scenario here that we want to implement on the MM - Purchasing Process.
My Client's industry is on Selling Mixed Concrete. Every time they make Contract with Scheduling Agreements, for Raw Materials like Cement 20MM or DUST, on each available Plant from a partner company on a different location. Some of the Location are not inside the country as well.
When we do Scheduling Agreement, we do a blank quantity for example, 30,000 for 20MM on Plant A and 10,000 for 20MM on Plant B. During the creation of Schedule Lines, we key in differect schedules of delivery (incl PGR). Then by the end of the Period, we create a Vendor Invoice.
However on some delivery item, we have a scenario where from a specific Vendor A, we have a Vendor B that delivers our Materials to our Plant (Transporter Vendor). So we have to create another Invoice for them. We have to have 1 Invoice for the Supplier and 1 Invoice for the Transporter Vendor.
I understand that SAP can do 2 Vendor assignment on PO, 1 for Material Goods and 1 for Freight Charge. The Amount will sum up per Ordered Item and during PGI, the Material Cost will be based on this amount. I'm okay with the first statement but the summed amount is not okay with some scenarios.
The problem with some scenarios is that we should not base the Freight Charge on the schedule quantity. We agreed that the Quantity to be considered for Freight Charge is based on their Shipment Tonnage Agreement (which is weighed on the Vendor 2's side). Then for the Schedule Line Qty, we have to take the Average Weight from our side and from their side, and that should be the Schedule Line Qty. The Amount to be posted in PGR line item should be the amount from the Schedule Line Qty and the Freight Charge based on the Shipment Tonnage Agreement and the Material Cost will be valuated with the sum of these values. At the end of the Month, we create an Invoice for the 2 Vendors at the same time: one with Freight Charge the other on is the Stock Amount.
So for this requirement, is there a way we can add another Quantity, based on the Shipment Tonnage Agreement to calculate the Freight Charge inside, And the Transporter Vendor, in the Schedule Line Conditions to be included in the PGR?
Please suggest me configurations to do this also.
Thanks a lot for your suggestions.Hi Cruz,
If your requirement is to bill on the monthly average basis for the freight vendor, you can create new condition type for freight based on quantity. Use the calculation type 'M' - Quantity monthly price, in conjunction with the scales and use the scale basis 'C' if the freight cost is fixed based on your shipment agreement.
If your agreement is based on no.of shipments use the scale basis 'S' - no. of shipping units.
Even if these two are not suiting use the scal basis 'G' - formula and define the calculation based on your requirement.
Once this is configured for the condition type. Then maintain the conditiona values accordingly.
Hope this is helpful.
Thansk,
Satya -
Freight Charges posted to vendor Recon., Account
Dear All,
Issue is regarding the freight charges borne by the company.
As we treat freight forwarder as vendor, and enter vendor at sales order level.
However, how to make the posting of this freight charges to vendor reconciliation account.
If any inputs required do revert back.
Inputs will be of great help and rewarded too.
with regards,
VijayashreeHi,
Is you people using the transportation module?, if your using then freight cost is posted through shipment cost document as a liability in vendor account automatically.
But in case of transportation module is not using then
1. Create Freight condition type and activate the condition type as accrual condition.
2. Maintain Account key in pricing procedure for Freight condition.
3. Do the VKOA setting
4. During the order creation, assign the vendor in header assignment or reference field of sales order
5. Freight condtion is determined if you maintain conditon record automatically or maintain manually
6. During the billing document, system creates the liability in the system as a accrual entry.
7. Vendor number is visible in FBL3N, FBL1N if we store in assignment or reference fireld of header.
8. Run FBL3N with accrual GL Account, system shows the liabilities which are due for a particular vendor.
Please consult with your FI Consultant further more to do the process.
Rewards if it helps
Regards
Goutham -
Freight charges to be posted to vendor recon., account.
Dear All,
Issue is regarding the freight charges borne by the company.
As we treat freight forwarder as vendor, and enter vendor at sales order level.
However, how to make the posting of this freight charges to vendor reconciliation account.
If any inputs required do revert back.
Inputs will be of great help and rewarded too.
with regards,
VijayashreeHi
Goto TCode OBYC and check transaction key of FR1 and FR2 and enter Vendor Reconciliation GL account here.
However i am strongly recommending FI guy to involve in this process of changing the GL Account.
Cheers
Srinivas -
Freight Charges In Purchase Order
Hello Friends,
I m working on Purchase order.I am using Freight charges which is given in the footer of PO form.I want to know about where this amount get stored and what is object ID of Freight Charges??The same functionality I want to used in my own form.So please give me information of Freight Charges.
Please help me Solved this problem.
Thanks & Regards,
SwatiHi,
these are the list of freight charges in saleorder and are found under ORDR table
TotalExpns(total freight charges), TotalExpFC(total freight charges in foreign currency), TotalExpSC(total freight charges in system currency)
Rgds
Bharadwaj -
Purchase Order Freight Charge Settings
Dear All,
I dont want freight charges to be inventorised. In PO I have assigned accurals and accounting keys for freight condition though. I am getting seperate line item for freight condition but it still getting inventorised. pls advice how to acheive.
Thanks in Advance
ShuvankarHi,
Mention these condition as statictical in Pricing procedure. Those value wil not calcute for material.
SAM -
Foreign Purchase - Freight Charges
Dear Gurus,
I have an issue for freight charges. It's a new implementation and i want to map this scenario in SAP.
For foreign purchase, My client receives and move their Material at the port area by hiring any transport delivery services they can find.
Once the goods has been delivered to our WH, the Material will not be received and marked it as suspended for sometimes until the Finance dept. finalizes the freight charges.
The freight charges must not be included on the liability to the vendor.
I did a simulation of this scenario by creating a Purchase Order and on the item details, condition tab, 1 selected condition type FRB1 and changing the condition details and selecting other vendor.
After doing the purchasing cycle till finishes the Invoice verification, i checked FBL1N but the vendor line item shows the freight charges has been charge to the foreign vendor.
How can we do or map this in SAP Purchasing?
Regards,
BerHi,
I think the your issue is because you selected "Goods/Service items + Planned Delivery cost" option in MIRO and posted everything to the main vendor.
If the material and freight vendors are different, please ensure that the invoice is done separately for goods and planned delivery cost. Go to MIRO and select the planned delivery cost option first and enter the PO number. If there are multiple freight vendors, system will gibe a pop up asking for the vendor. You can select the required freight vendor and proceed. If there is only one freight vendor, the same will be automatically populated in MIRO Header. Enter the details and post the planned delivery cost.
For the material cost to the main vendor, select the "Goods/services" option in MIRO and enter the PO number. Here, system will default the foreign vendor and you can enter the material cost and post.
Test the scenario and revert back.
Regards,
AKPT
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