Direct Quote and Indirect Quote
Hi,
If i m trying to post a transaction in foregin currrency, what difference does it make, if there is direct or indirect exchange rate maintained for that curreny and local currency in OB08 (TCURR)
Thanks
Balla
Hi,
the two methods calculate the rate in two ways (directly & inversely).
In direct quotation, one unit of the foreign currency is converted into equivalent value units of your local currency. whereas in indirect quotation, one unit of your currency is converted to units of foreign currency.
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What is the difference between Direct Taxes and indirect Tax. In which Cases those are both are applicable .
please give to me details
regards
RAMHi
a direct tax is one paid directly to the government by the persons (juristic or natural) on whom it is imposed (often accompanied by a tax return filed by the taxpayer). Examples include some income taxes, some corporate taxes, and transfer taxes such as estate (inheritance) tax and gift tax.
an indirect tax or "collected" tax (such as sales tax or value added tax (VAT)); a "collected" tax is one which is collected by intermediaries who turn over the proceeds to the government and file the related tax return.
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Direct procurement and Indirect Procurement in SAP AFS
Hi,
Can you diffrentiate between Direct procurement and Indirect Procurement in SAP AFS.
thanks
AkiHi Aki,
Direct Procurement
Raw Material and Production Goods
Order Qty: Large
Value: Industry specific (Like shirt in apparel industry)
Direct procurement supports the conversion of planned requirements to purchase orders.
Primary Processes-Direct Procurement
1. Determination of the materials and services required.
2. Create requisition.
3. Request for the quotation.
4. Quotation Management.
5. Vendor selection.
6. Create Purchase Order.
7. Goods Receipt and Invoice Receipt.
8. Invoice Verification/ Vendor Payment.
Indirect Procurement
Maintenance, Repair and Operating (MRO) Supplies
Order Qty: Low
Value: Generic (Machine Spare Parts in any industry)
Indirect procurement supports the purchasing of indirect materials and subcontracting.
This process can be dealt with using standard functions such as material requirements planning, purchase requisition, stock transport order, transportation planning and the handling of internal deliveries.
The cross-plant, internal procurement of materials can be carried out within one company code (intercompany) or by using several company codes (cross company).
Primary Processes-Indirect Procurement
1. Requisitioning
2. Purchase Order Management
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4. Financial Settlement
Hope it helps.
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Anirban Roy -
Direct Purchasing and Indirect Purchasing in AP ?
Hi Experts
Please let me know what is direct purcdahsing and Indirect purchasing inlcuding the T codes and what are the implications in both cases on FI?
Thanks in advance and points assigned accordingly.
Meenakshi.NDear Meenakshi,
We can relate indirect purchasing & direct purchasing to PO based material procurement & with out PO based procurement resp.
In case of indirect purchasing, a procurement cycle starts from generating the PR -> PO -> Goods receipt -> Invoice verification.
Where as in direct purchasing no PO is generated & invoicing is done directly in FI.
Hope this of help to u.
Regards,
Ajay -
Direct Procurement and Indirect Procurement
Please explain the different between direct procurement and Indirect procurement??
Hi,
Direct Procurement
Raw Material and Production Goods
Order Qty: Large
Value: Industry specific (Like shirt in apparel industry)
Direct procurement supports the conversion of planned requirements to purchase orders.
Primary Processes-Direct Procurement
1. Determination of the materials and services required.
2. Create requisition.
3. Request for the quotation.
4. Quotation Management.
5. Vendor selection.
6. Create Purchase Order.
7. Goods Receipt and Invoice Receipt.
8. Invoice Verification/ Vendor Payment.
Indirect Procurement
Maintenance, Repair and Operating (MRO) Supplies
Order Qty: Low
Value: Generic (Machine Spare Parts in any industry)
Indirect procurement supports the purchasing of indirect materials and subcontracting.
This process can be dealt with using standard functions such as material requirements planning, purchase requisition, stock transport order, transportation planning and the handling of internal deliveries.
The cross-plant, internal procurement of materials can be carried out within one company code (intercompany) or by using several company codes (cross company).
Primary Processes-Indirect Procurement
1. Requisitioning
2. Purchase Order Management
3. Receiving
4. Financial Settlement
Hope it helps.
Regards
KK -
Direct material and indirect material
please explain the what is direct material and indirect material and its different between them
Hi.
Direct materils: These material are bulkly needed and regularly needed for that orgnization to have their end product. these materials usually raw materials ....
Indirect materials: these materils are needed with direct materlias for the manufacture or to produce end product.
Ex: If your orgn's is cement Industry.
Direct materials: Silica Sand. etc..
Indirect matrials:BAG. Gypisum.....
Hope you are Understand with these example...
Regards
S B H -
What is direct PO and indirect PO?
Dear Gurus,
What is direct PO and indirect PO?
Thanks in advance..Hello,
Direct materials are used directly in the production process and thus have influence on the value of the final good. This material is mostly held in stock and needs to be kept in inventory management.
Indirect material, also known as MRO material, could be office supplies or machine parts, for example. In most cases, indirect material is characterized by high-volume and low-dollar transactions
Ordering a direct material means ordering a product that will be received into stock. Account Assignment information is blank at the time of creating purchase order whereas for Indirect PO, Account Assignment is mentioned as appropriate K or F (Cost center, order, WBS etc.)
Hope this helps.
Ashutosh -
What is direct procurement and indirect procurement?
Dear Gurus,
What is What is direct procurement and indirect procurement from purchasing point of view.
Pls briefly explain with examples.
Thanks in advance..Direct procurement. Direct categories are all goods purchased by the company which directly enter into the production process of that company. For the food industry as an example, ingredients and packaging will be the key direct procurement categories.
Indirect Procurement. Indirect categories are all the goods and services that are bought by the company to enable its activity. This entails a wide scope, including marketing related services (media buying, agencies), IT related services (hardware, software), HR related services (recruitment agencies, training), facilities management and office services (Telecoms, furniture, cleaning, catering, printers), or utilities (gas, electricity, water)...etc
Regards
Lakshminath Gunda -
Getting direct reporting and indirect reporting employee
Hi,
In one of my development, their is a requirement to have a screen of type Tcode PPMDT.
My screen will be having tab strip for direct and indirect employee and on both tabs org structure will be displayed.
I am using function module RH_STRUC_GET to get the org structure details. I need to know the logic of separating direct reporting employee from indirect reporting employee from the data returned from function module.
Thanks
Vishal KapoorHi,
In one of my development, their is a requirement to have a screen of type Tcode PPMDT.
My screen will be having tab strip for direct and indirect employee and on both tabs org structure will be displayed.
I am using function module RH_STRUC_GET to get the org structure details. I need to know the logic of separating direct reporting employee from indirect reporting employee from the data returned from function module.
Thanks
Vishal Kapoor -
Hi Guru's,
Can i know the difficulties in switching from direct to indirect rates.
Currently in SAP we are inputting direct rates (eg .89694) for the conversion from USD to CAD. This is causing FX issues when it comes to interco invoice processing as well as completing the Management report. I would like SAP to switch to using the indirect rate (eg 1.1149).
Thanks for your help and will assign good points.
ThanksWell, I have this wonderful SAP-documentation:
All R/3 applications and functions process exchange rates using the direct quotation as well as the indirect quotation. Whether the exchange rate is defined or communicated using the direct or indirect method of quotation depends on the market standard or the individual business transaction. The use of indirect quotation is neither application nor country-specific - it affects all the components in which exchange rates are used.
The direct quotation is also known as the price notation: The currency value is expressed in the local currency per unit of foreign currency. The indirect quotation is also known as the volume notation: The currency value is expressed in units of the foreign currency per unit of the local currency. Example:
local currency: EUR, foreign currency: USD
direct quotation: 1 USD = 0.92000EUR
One unit of foreign currency USD costs the displayed number of units of local currency
indirect quotation: 1 EUR = 1.08696 USD
For one unit of the local currency EUR you will receive the displayed number of units of the foreign currency.
For each currency pair you can define either the direct quotation or the indirect quotation as the standard notation for the exchange rate. If the exchange rate you enter does not have the same quotation as the standard quotation set up here, the exchange rate is highlighted to show this.
From a mathematical point of view, it does not make any difference, you only need to be consistent. You cannot have one exchange rate as direct, another one as indirect quote. This will lead to hilarious figures in documents where you have items in local and different foreign currencies.
The numerical issue is that you may gain more reliability for certain rates where you will lose a significant digit depending on direct/indirect. It was quite different to do a direct quote of the Italian Lira against the Euro as compared to the indirect quote. However, there are additional settings that help circumvent this problem.
Hope this helps. Just remember: The main thing is to be consistent.
Kind regards,
Rudolf -
Hi all,
May I know what is Direct Quote in foreign currency transactions?
Thanks in advance
ShravanHi,
Here do you have group currency and company code currency
For example your group currency might be EUR
your company code currency might be INR
whenever you are making your transation it will get update through tranding partner Group account number and with alternative account number.
it will get update eur to inr or inr to eur automatically
you hv to configure in okb9 -
Finding direct and indirect dependency
Hi,
I have table say SAPECC, which is used in one of the procedure as given below :
create or procedure test121
as
begin
insert into sapecc2
select * from sapecc;
end;
And SAPECC2 is used in another procedure as given below :
create or procedure test122
as
begin
insert into sapecc3
select * from sapecc2;
end;
Now if I want to get what are the direct and indirect dependency for SAPECC, how can we get that? Say I want to see TEST121 procedure and SAPECC2 table are the 1st level dependency for SAPECC and TEST122 procedure and SAPECC3 table are the 2st level dependency for SAPECC.
Regards,
KoushikHi Koushik,
There are no dependencies as you describe them between the sapeccX tables.
SQL> select level
,name
,type
,referenced_name
,referenced_type
from user_dependencies
start with referenced_name like 'SAPECC%'
connect by prior referenced_name = name
LEVEL NAME TYPE REFERENCED_N REFERENCED_T
1 TEST121 PROCEDURE SAPECC TABLE
1 TEST121 PROCEDURE SAPECC2 TABLE
1 TEST122 PROCEDURE SAPECC2 TABLE
1 TEST122 PROCEDURE SAPECC3 TABLE
4 rows selected.I don't know about 11g and PL/Scope maybe you can get something from there.
As a final resort you can play with user_source:
select *
from user_source
where name like 'TEST%';Regards
Peter -
What r the direct and indirect taxes
hi gurus,
can any one pls give me what r the direct and indirect taxes.
Thanks in advance,
RAVI
Moderator: Please, respect SDN rules. As it's not your first warning, upon next violation your user will be bannedHi,
the Tax tht we Pay directly to Govt is Direct tax and tax tht we pay indirectly is Indirect tax. Ex. Income tax on salaries is direct tax and Sales Tax on Products is a indirect Tax.
Hope you got clarify on the Both type of Taxes.
Thanks
Goutam
Edited by: Goutam78 on May 27, 2011 3:07 PM -
DIRECT MATERIAL PROCUREMENT and INDIRECT MATERIAL PROCUREMENT
please explain , what is the differance between DIRECT MATERIAL PROCUREMENT and INDIRECT MATERIAL PROCUREMENT.please explain with example.
source: http://www.ftpress.com/articles/article.aspx?p=24168
Procurement materials can be broken down into two major categories: indirect and direct.
u2022
Indirect procurement involves any commodity or service that a company buys that does not result directly in finished goods.
u2022
Indirect procurement can be divided into two groups: ORM (Operations Resource Management) materials such as office products and travel services, and MRO (Maintenance, Repair and Operations) materials such as replacement parts.
u2022
Direct procurement involves materials purchased for use in the manufacturing or distribution supply chain that are "directly" related to the production of finished goods. -
Which Function Module can find all direct and indirect subordinate.
Hi,
I have a employee number(Chief of a organizational unit A). Do you know which function module can get all the direct and indirect subordinate of this chief? Indirect subordinate means that this chief can also view the Organizational unit(for example, Org. unit B) that under Org. Unit A. Further more, this chief can also view all the employees in other org unit that under Org. Unit B. If there is no such function module, do anyone of you have the example coding to get it? Your help is greatly appreciated. Thanks.use RH_STRUC_GET
~Suresh -
How to find both direct and indirect responsibilites attached to user
Hi All,
I have a requirement to write a sql to list all direct and indirect responsibilities attached to a particular user.
Please help me.
Thanks,
Raghav.Hi;
Pelase see below which could be helpful for your issue:
responsibilty -to find any users assigned
to find any users assigned to a responsibilty
Regard
Helios
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