Cheque Amounts for Foreign Vendors

Hi All,
My cheques for canadian vendors are printing fine, but my cheque amounts for foreign vendors have the wrong format.
Eg.: 1,317,150.00 is printing 1.317.150,00 (The commas are being replaced by periods and vice versa).
Amounts for both Canadian and foreign vendors are in CAD$.
How can I set the format to display correctly? Points will be awared generously!!
Thanks,
Deki

I didn't change any parameters. They were set correctly to begin with. Any other ways I can fix this?
Thanks,
Deki

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How to app run for foreign vendors and customers please tell the steps

hai every body this is raj
i am asking how to create the foreign vendors and how to apprun for foriegn vendors please tell the steps
and another questions is how to run app for customers t

Lets say your company code is in country IN. Every vendor you create (using XK01, lets say) with a country other than IN is a foreign vendor for your company code. To enable APP for foreign vendors, make sure you check the checkbox 'Foreign Business Partner Allowed' in 'Payment method in company code' in T Code FBZP. If the vendor invoice is in a foreign currency, make sure you include that currency as permitted currency for that payment method.
To run APP for customers, your 'Payment method in country' in FBZP must be for incoming payment.

How to set up wire transfer for foreign vendor?

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Prior to the question I posted, I guess my question is : what configuration steps need to be done in order to set up a wire transfer for foreign vendor?
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Hi Nancy,
You need to have a Bank Account which is setup to issue payments in foriegn currency.
Apart from that all other steps remain the same as to doing a domestic wire.
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Hi Experts,
Can some body shed light on this..
Can we run the payment program for foreign vendors in their currency.. if soo what r the settings needed.Pls send in this mail iD ([email protected])
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R.Manigandan

Hi,
Yes we can run the payment program for foreign vendors in their currency.
In FBZP double click on Pment Methods in Country
Select your country and double click on Currencies allowed
You can specify the foreign currency here. SAVE and Back
Double click on Pment Methods in Company Code
Double click on the company code
and Tick all the three check boxes for foreign payments and foreign currency payments. SAVE
This is the required config apart from the general configuration.
Hope it helps
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Jyostna

Excise details for foreign vendors, Error: 8I565

Hi Experts,
After upgrade from 4.7 to ECC 6.0 system throwing error message 8I565: Vendor Excise details are not maintained.
Foreign vendors do not have excise details, Is there any config/ SAP note available to ovecome this issue?
Experts Kindly respond.
Regards
NDS

Hi Jeyakanthan,
I checked that SAP Note, that is already there in ECC 6.0 EHP4.
This Note checks the vendors excise fields in Vendor master excise details and if found balnk throws the error message.
This note was not there in 4.7 so no error message was coming in 4.7
This SAP Note makes it necessary to enter a dummy data in vendor excise details.
But my client does not want to enter any dummy details in these vendor excise fields for foreign vendors.
Reg
NDS

Check format for Foreign Vendor

Hi guys,
When we need to pay a foreign vendor thru check, the currecny format and date format defaulted from that vendors's country' and most of the time its different than US format.
I am using alternate payee to cut the check for foreign vendors in US currency ,date format.Is there any other way we could achieve this without creating another master record for foreign vendor??
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Shaun

HEllo Shaun,
I believe you can add some source code to your form to change the format of the currency and date depending on the country.
Regards,
Renan

Set up wire transfer for foreign vendor

Hi all,
anyone knows how to set up wire transfer for foreign vendor? please advise.

Hi Nancy,
You need to have a Bank Account which is setup to issue payments in foriegn currency.
Apart from that all other steps remain the same as to doing a domestic wire.
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Is it possible to activate CIN tab for foreign vendors also?
We have a requirement in our project.
Please reply ASAP.
Points assured.
Thanks,
Senthil

Hi
Go to OMT3E and left hand side, there will be "User screen reference". Double click and add your user id and enter Sref.user as IN. Then it comes for all the vendors.
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Antony

Getting for foreign vendor for getting excise capture

Dear all
is the any customization for capturing excise deatil for foreign, CIN is only for local or indian vendor, i m making import po where i have get cenvat for cvd, with JIED for foreign vendor how could i do.
regard
nabil

Hi sayednabil ,
First understand the concept.
Import PO you are procuring material from Import vendor thats all. when you see the material vendor invoice only material price will be there.
No link with Custom /Excise with Import vendor.
Custom & import duties all when the material reaching the indian orgin/sea.
You have to create vendor for each custom or fright & C&F vendors.
In Po condition type u are maintain all the condition type with vendor number.
subsequently GR& payment will happpen.
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Error In Transaction F-44 for Foreign Vendor Payment

Hi Experts,
User is getting the Error In Transaction F-44 (G/L account 14281001 xxxx does not exit) while doing Vendor Payment to Foreign Vendors.
When I checked in Vendor Master Data, Reconcilliation account is maintained for all Foreign(other) & Foreign(Intercompany) Vendors.
The GL 14281001 is maintain in the account determination configuration for other Foreign Vendors.
User is getting this Error After successful FF67 transaction Process.
Please advice.

Hi Amitash,
GL is created @ COA level & not mark for deletion. This GL is not created in Company code. I discussed with user she was saying
F-44 transaction is booked a realized gain/loss while a foreign vendor invoice clearing vs payment. Normally this realized gain/loss must be booked directly to the foreign vendor account which is linked to GL XXXXXXXX for all IC foreign vendors and linked to GL YYYYYYYY for all other foreign vendors .
It will be not correct to book a foreign vendor realized gain/loss to a separate account therefore a new GL 14281001 should not be created in comp code XXXX, instead of incorrect GL14281001 SAP must select either GL XXXXXXXX for IC foreign vendors or GL YYYYYYYY for all other foreign vendors.

With holding tax base amount for 1099 vendors with discounted payment term

Hi Friends,
We have a below situation for 1099 vendors,
Some of the 1099 vendors are set-up in the system with payment term with discounts i.e. 2% if paid within 10 days
As per config, system posts with holding tax base amount at the time of posting payment.
With holding tax rate is 0%,
Based on modified net amount calculation
and
Cash discount calculation before w/tax calculation
When we have vendor with input tax, system excludes tax amount at the time of payment but for the with holding tax base calculation amount system does not exclude input tax type.
Which causes difference in 1099 misc vendors
Below is the example of how system calculates the amount.
Invoice $ 1000, payment term 2% if paid within 10 days. Input tax 7.25%
Payment going out=
$1000- $ 72.5(tax 7.25%) = $ 927.5 18.55 [2% discount] = $ 908.95 (payment amount)
With holding base calculation =
$ 1000 100 (2% discount) = $ 900
Difference between payment going out and with holding tax base = 908.98 900 = 8.98
Can some one please tell me how to get rid off this difference?
Moreover, please tell me if its normal to have 1099 vendors with discounted payment term.
Any thoughts on above situation will be helpful
Edited by: Shefford William on Jan 28, 2008 11:36 PM

Dear All
i am also having the same problem. The example is
Net invoice Value   = $ 100,000
Input Tax @ 15%   = $ 15,000
Total Invoice Value = $ 115,000
Cash Discount = 20% with in 20 days
On payment the system behavior should be
Debit Vendor invoice Value   = $ 115,000
Debit Cash Discount @ 20%    = $   20,000   ( 20% of the Net Invoice Value that is 20% of $ 100,000)
Credit W/H Tax deduction @ 3.5% = $ 3,325 ( 3.5% of 95,000 the Inv Value - Cash Discount that is $ 115,000 - $20,000)
Credit Bank Account = $ 91,675 ( Inv value - Cash Dic - W/H tax that is $ 115,000 - 20,000 - 3325 = 91,675)
However at the time of payment system is calculating tax as follows
Debit Vendor invoice Value   = $ 115,000
Debit Cash Discount @ 20%    = $   20,000   ( 20% of the Net Invoice Value that is 20% of $ 100,000)
Credit W/H Tax deduction @ 3.5% = $ 3,220 ( 3.5% of 92,000 the Inv Value - Cash Discount that is $ 115,000 - $23,000. This $ 23,000 is only calculated for W/H tax calculation that is 20% of $ 115,000 )
Credit Bank Account = $ 91,780 ( Inv value - Cash Dis - W/H tax that is $ 115,000 - 20,000 - 3220 = 91,780)
this is not the common practice when using the net base value in the system.
Can any one help me in this regard. I really have been stucked in this problem for many days
Regards
Bilal Athar

Excise for foreign vendor

i need to know that if i am doing a import po, in that case how i will capture my excise setting, as we know that no option to capture the detail of vendor in j1id, then how i will capture excise invoice and take the benefit for cenvatin that case how i must go through.
regard
nabil

Hi,
Check the below link:-
Import Business Process and Pricing
Re: Domain process-Import???
Import Purchase Process
Re: Process of import PO
Users opposing- the Import PO process
Re: Import PO Processing
Also check wiki link for SAP CIN Settings/configurations
http://www.sdn.sap.com/irj/scn/index?rid=/library/uuid/207dd2ad-bf92-2b10-a88b-e3a4a01ca7fc
http://wiki.sdn.sap.com/wiki/pages/viewpage.action?spaceKey=ERPLO&title=CIN+Configuration&decorator=printable
Also check other links
http://www.sap-img.com/materials/process-of-imported-material-with-excise.htm
http://www.sap-img.com/materials/procedure-for-import-po-and-duty.htm
General import procedure in this link
http://www.indiandata.com/import_procedures.html
pherasath

Not able to post Realized Gain/Loss GL acct during foreign vendor payment

Dear Experts.
1. When I make a vendor payment by using F-53 for USD payment for foreign vendor. I am supposed to get Realised Gain /Loss account for the variation on payment date.
2. My local currency is INR and foreign Currency is USD.
3. DIrect quote and indirect quote maintained for INR and USD.
4. During payment I have selected USD currency and given the conversion rate.
5. When I paid to vendor, realzied amount did not capture.
My configuration for Foreign currency valuation is as follows:
1. T. COde OBA1. and KDB - Here I maintained unrealized gain and loss account
2. T. COde OBA1. and KDF - Here I maintained Realized gain and loss and unrealized loss and gain along with balance sheet adjustment account for foreign vendor reconciliation account.
Please suggest me for this issue.
Best Regards
Surya

Hai Surya,
Check the OBA7 t.code for doc type whatever ur using like KZ in that check the Exchange rate type specified or not like M,G, or B based on ur OB08 t.code settings
Regards
Madhu I

Errors for foreign payments in the APP run

HI all
we have created new house bank for foreign payments for foreign vendors. The bank has been created for domestic payments and for foreign payment for the company code.
The domestic payment works fine and the international does not work. It can create payments and IDOCS in SAP but once it is received and it is marked as a DOmestic payment instead of a International payment.
we have tried to go through house bank config and I cannot find what we are missed out in the config.
Can some one help me to find out what we have missed out in the config?
Thnaks in advance
Best Regards
Venu

Hi Venugopal,
Please paste the log message here to find out what may be wrong with this issue..What is the error message.
As a wild guess, Please check your settings in FBZP>Payment Methods in Company code> Check the section Foreign Payments/Foreign Currency payments, whether all are allowed or not for your Payment method of Foreign payment.
Regards,
SAPFICO

Payment to Foreign Vendor

Hi Experts,
Can some body shed light on this..
Can we run the payment program for foreign vendors in their currency.. if soo what r the settings needed.
thanks in advance,
siva reddy s.

Hi,
For the above problem u can send it my mail id i .e [email protected]
points are assured.
bye
siva reddy s.

Cheque Amounts for Foreign Vendors

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