GST (TAX) in Landed Cost

Hi
What would be the best way to add GTS (Tax) in Purchase > Lnaded Cost Window.
I can see two text boxes for Tax1 and Tax2 but are they link with the G/L accounts. I tried adding Landed Cost but it did not add the TAX1 or TAX2 automatically like in A/P Invoices.
Another option I can think of is to add GST when converting Landed Cost to Gernal Entry and add extra line got the GST (TAX)
or is there any other way of doing this.
Thank you very much for your help
Kind Regards
Sanjaya

Hi Sanjaya
The tax1 and tax2 fields are informational only in the landed cost function and do not post to tax to the general ledger. My suggestion wiht Landed Costs is to post the entry to Trading Stock and an offset account. Then post A/P invoices as services for the custom duties, etc. with the relevant tax and offset this to the offset account for the landed cost.
Kind regards
Peter Juby

Similar Messages

Tax1/Tax2 in Landed Cost

Hi,
Please kindly explain how to utilize Tax1 and Tax2 field in 'Item' tab on Landed Cost screen. I've tested it and this value isn't effected to JE.
Besides, when I copy Landed cost from Landed cost, I cannot change value of Tax1 and Tax2, it will show error message. If I would like to change tax value, how to do?
Thanks in advanced for your help.
Angnam.

Hi,
The tax1 and tax2 fields are informational only in the landed cost function and do not post to tax to the general ledger. My suggestion wiht Landed Costs is to post the entry to Trading Stock and an offset account. Then post A/P invoices as services for the custom duties, etc. with the relevant tax and offset this to the offset account for the landed cost.
Check the below thread:
Re: Tax in Landed cost
Hope this will help you.
Regards,
Neetu

Cannot assign Project Code to GST Tax Code

Hi all
With reference to SAP Message 389302, SAP has acknowledged the following limitation.
We would like to feedback to SAP Development team for correction of such limitation so that there is an option to assign Project Code to GST Tax Code in AP Transaction.
Our Client is not able to assign Project Code to Input GST Recoverable in AP Invoice transaction posted to General Ledger.
Currently, we are able to assign Project Code to the GL account for expense and AP Vendor so it will Dr Expense with Project Code Cr AP Creditor with Project Code but there is no way for us to assign Project Code to GST Code in AP transaction.
This is very incomplete and User has to make extra
effort to assign Project Code that is missing in Journal Entry created in from AP Invoice transaction with GST for printing the Balance Sheet by Project Code.
Kedalene Chong

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Another issue is cost center or profit center. It must also be assigned in th journal entry.
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Landed Cost In Purchase

We are using ECC 6 version. We are creating Import Purchase Order on supplier of material in US$. After Import of material we want to load Custom Duty & Other CHA charges to material.Kindly suggest any way to add the Landed Cost for Import of material so that my value of material will show Actual Import Value + Landed Cost for correct consumtion value of material. Pls guide me.
Thanks & Regards
Mukesh

Hi
Are you using the conditions of taxes for the Import duty. If the import duty is not recoverable then the NAVS is used to load the charge on the material. For the CHA charges you can use standard conditions relating to freight or you can create new ones and use that in the pricing procedure.
Thanks
Anupam Murarka

Total landed cost in MM pricing

i cant understand how system is calculating the Total landed cost it is showing 20,310.40
Can anyone pls check
ZBP0     Basic Price                 100.00      INR     1     KG     10,000.00
ZJDV     Discount quantity                          INR     1     KG     0.00
ZJDP     Discount Perc          2.000-     %                    200.00-
             Net basic price              98.00      INR     1     KG     9,800.00
ZPFQ     Pack & Forward Qty     10.00      INR     1     KG     10.00
JEXS     Taxes on the PO             400.40      INR                    400.40
            Total landed cost             203.10      INR     1     KG     20,310.40      INR

Hi
Check your calculation schema and condition type what you have entered in that,because whatever you are getting the price (landed cost )system will take the conditions from the calculation schema.

Landed cost

Hi,
What is landed cost??
Is it automatically posted when we create a document in SAP Business One 2005?
Is every company suggested to have landed cost?
Thanks

Hi,
Landed costs have to be allocated for imported items in order to calculate their real cost.
Landed costs include the air or sea transportation, insurance, storage, and so on. To assign each imported item to its relevant landed cost, allocate these costs to the various items according to a certain criteria.
The above explanation is taken from the Help.
Generally the landed cost is to be calculated for purchase items other than the material cost like freight, carriage inward etc.,
Let us assume in purchase bill vendor has billed for only Rs.1000/- inclusive of all taxes etc., After wards the cost occured during the transportation say 100/- then the purchasing price will be added with this amount and totally Rs.1100.00.
In B1 you need to handle in such a way that first GRN to be entered then that particular GRN will be opened in the Landed cost document and add the additional cost occured then save it.
Then again open the entered the document entered, and open the "Journal" tab press the create jounral button. This will Open the Journal entry form and pass the JV. As soon as pass the JV, the additional cost will be added to particular item warehouse wise then you can see the item cost in the item master --> INventory tab.
Mostly this calculation will be done for imported materials.
Hope this will help you
Regards,
Venkatesan G.

Landed cost of Material.

In MM pricing landed cost of material is calculated dynamically.Its not stored anywhere.Then if I want take the landed cost into a condition type how can I do it.

Dear pritesh
Landed Cost is Actually the Taxes on PO + Other cost
Other Cost Can be:
Freight %
Freight (Value)
Cash Discount
DD/LC charges %
DD/LC charges(Value)
Labor charges %
Labor chrg(Val)
Insurance% (Local)
Insurance(Val)
So in you pricing procedure let us say that TAXES on PO step is 60 and the last step is 110
So for landed cost calculation you have to just mention from step 60 to step 110
Hope your query gets solved,or let us know what do u want exactly so that we can give u more inputs.
Please award if helpful
Regds
shailesh

Landed cost for Imports

Dear Experts
How to take total landed cost for a particular purchase in imports. In Single purchase order there may be multiple GRIR , But we neet to take cost for total po.
Is there any particular report to take that please suggest.

Hi Muniraj,
Copy all POs and goto BSEG table paste all POs in Purchasing document column enter your company code execute.
here you will get i all details like ur local currency as well as document currency. If you want to see the taxes then you need to copy all these accounting documents(BSEG table) and goto BSET table paste it and enter your company code and execute.
if you need further deails.
Kinldy let me know.

Use of Import Log feild in Landed Cost

Hi Experts,
I just wanted to know about what is the use of Import log field in Landed cost.
Regards-
Mona.

Hi
Are you using the conditions of taxes for the Import duty. If the import duty is not recoverable then the NAVS is used to load the charge on the material. For the CHA charges you can use standard conditions relating to freight or you can create new ones and use that in the pricing procedure.
Thanks
Anupam Murarka

Release strategy based on Total landed cost

Dear Friends
My client has the following requirement.
Release strategy should be triggered based onthe Total Landed cost which include taxes, insurance, octroi and freight.
we tried with the user exit but could not achieve the target as the Total landed cost is nowhere updated inthe EKPO table.Help inthis regard is appreciable.
Regards
Bapears K

Hi,
While defining characteristics please link up to standard dictionary i.e.
Cost Center CEBAN - KOSTL
Item Value CEBAN - GSWRT.
If you want account assignment also a controlling paramenter, then define Acc Assgnmt as a characterstic and assign the same to the class.
Assign these characteristics to a class.
Regards
Satish

Quotation comparison for Landed Cost

Dear Experts,
Can anybody please explain how to enter Conditions in RFQ (TC-ME41). Our requirement is that, we want to ask the quotation to vendor for Discounts, Freight charges, Taxes.
(all including final price)
and also quotation maintenance (ME47) for those conditions.
Price comparison (ME49) for landed cost (final price)
Please explain the process.
Thanks in Advance !!!!!!!!!!!!!!!!
Vijay

For Sch Agreement - Table EKET
MANDT                          Client
EBELN                          Purchasing Document Number
EBELP                          Item Number of Purchasing Document
ETENR                          Delivery Schedule Line Counter
EINDT                          Item Delivery Date
SLFDT                          Statistics-Relevant Delivery Date
LPEIN                          Category of Delivery Date
MENGE                          Scheduled Quantity
AMENG                          Previous Quantity (Delivery Schedule Lines
WEMNG                          Quantity of Goods Received
WAMNG                          Issued Quantity
UZEIT                          Delivery Date Time-Spot
BANFN                          Purchase Requisition Number
BNFPO                          Item Number of Purchase Requisition
ESTKZ                          Creation Indicator (Purchase Requisition/S
QUNUM                          Number of Quota Arrangement
QUPOS                          Quota Arrangement Item
MAHNZ                          No. of Reminders/Expediters for Schedule L
BEDAT                          Order date of schedule line
RSNUM                          Number of Reservation/Dependent Requiremen
SERNR                          BOM explosion number
FIXKZ                          Schedule Line is "Fixed"
GLMNG                          Quantity Delivered (Stock Transfer)
DABMG                          Quantity Reduced (MRP)
For PR - Table   CEBAN
BANFN                          Purchase Requisition Number
BNFPO                          Item Number of Purchase Requisition
BSART                          Purchase Requisition Document Type
BSTYP                          Purchasing Document Category
BSAKZ                          Control indicator for purchasing document
LOEKZ                          Deletion Indicator in Purchasing Document
STATU                          Processing status of purchase requisition
ESTKZ                          Creation Indicator (Purchase Requisition/S
FRGKZ                          Release Indicator
FRGZU                          Release status
FRGST                          Release Strategy in Purchase Requisition
EKGRP                          Purchasing Group
ERNAM                          Name of Person who Created the Object
ERDAT                          Changed On
AFNAM                          Name of Requisitioner/Requester
TXZ01                          Short Text
MATNR                          Material Number
EMATN                          Material Number Corresponding to Manufactu
WERKS                          Plant
LGORT                          Storage Location
BEDNR                          Requirement Tracking Number
MATKL                          Material Group
You can check the table name & fields in SE84 also - ABAP Dictionary - Fields
Rgds,
Vikas

Fixed Asset procedure For acquirsion Throught Landed Cost

I Have To Import A Fixed Asset From Foreign Vendor.But How Can i Able Charge Landed Cost To That Asset.means Simple Landed Cost procedure just Cost the Charge to Inventory item But How To Fixed Asset
Regards
Naveed

Naveed,
Landed cost only supports inventory item in current system design. You need to do it manually for Fixed Asset.
Thanks,
Gordon

Landed Cost not showing in Inventory Audit

I have a query that goes against the OIPF/IPF1 tables to locate all Landed Cost transactions for a particular item. To test/verify the query, I ran the Inventory Audit report for the item. There are transactions returned from the query that do not show in the Inventory Audit report. Is there any reason or circumstance under which a Landed Cost Transaction would not show in the Inventory Audit report. I checked against all warehouses. This does not seem to be a singular event in that I have found random occurences of this for different items yet the majority of the time the Audit Report returns all entries.

Dear Cristian
Please check the Following things.
1)First check audit report for a Single Product.
2)Select all warehouse in Audit report.
3) Check you landed cost entry if your JV not pass in landed cost, so landed Cost not reflected in you audit report. (Auto JV not pass in SAP 2005 Version)
Please check and Let me Know.
Regards
Mangesh Pagdhare.

To add cost in already posted Landed Cost document

Hi experts,
i have created an landed cost against an GRPO and added my other costs against the GRPO, and then i have made an A/P invoice against the document, now my GRPO has been closed and the payment to the party has been done.
Later to add some cost against the landed cost, i am trying to use the landed cost option under copy from button by selecting the same vendor. but the earlier landed cost entry is not available for selection.
Kindly guide me with this process.
Regards
Pradeeo

Hi,
It is not possile to change the posting period in a posted document, alternatively you can park the document form the external system and it can be posted in SAP after review by the user.
Thanks and regards
K.R

How to reverse landed cost on open A/P Invoice

Dear Support
Please be so kind to assist wiht the following issue: I need to reverse landed cost from a open A/R Invoice # 72223
Purchase Order # 125025
Goods Receipt # 16426
Landed Cost 15332
A/P 72223
If i select the A/P invoice and copy to A/P Credit memo and preview the journal remarks first, the following error occurs
"Quantiy falls into a negative inventory"
My Question however are if I do proceed with this function, will this rectify the landed cost?
Please view the screen shots attached for investigation as well as the journal remarks on each document
Inventory Posting List:
The reason for not posting to the stock account is because the AR Invoice was been done before the landed cost has been processed:
At the time of landed cost there were no stock on hand, this has been the reason why the amount has been posted to the Price difference ledger account and not the stock account.
Your response will be much appreciated
Kind regards,
Ilze Fourie

Dear Nagarajan
Thank you for your response, much appreciated!
Attached please find the screen shots
Kind regards,
Ilze Fourie

GST (TAX) in Landed Cost

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