How to Handle Amortization Cost in TAXINN

Experts,
I have a business Case of Amortization Cost with TAXINN. I have mapped it upto some extent. Need Some help to conclude.
Created a condition type in M/06 - ZASS with
Cond. class    - A Discount or surcharge
Calculat.type - C Quantity
Cond.category - H Basic price
Added in normal pricing procedure M/08 - given a subtotal "6" for condition type ZASS & given "363" Routine in Alternative formula for condition base value. System is calculating the follwing results for Taxes :
Pricing     Condition      Description                           Value
Schema    Type
JRM0000     P000     Basic               95.00                    95.00
JRM0000     ZASS     Amortization                   5.00                     5.00
TAXINN     JMOP     Excise Duty          10%(95+5)           10.00
TAXINN     JSEP     Education Cess               2%                     0.20
TAXINN     JCV1     S.H.Education Cess           1%                     0.10
          SubTotal for VAT                         105.30
TAXINN     JVRD     VAT            4%(95100.20+0.10)        4.21
          Net Value                              109.51
Above is correct as far as Tax calculation is concern. Now When I post the Goods receipt I am getting :
RM Inventory - 100 (95+5)
GR & IR         - 100 (95+5)
I need it like :
RM Inventory - 95 DR
GR & IR         - 95 CR
Amortization Cost - 5 DR (If possible)
Suspense Account - 5 CR (Possible)
Need suggestion & advise.
Regards
Rohit Arora

Experts,
I have a business Case of Amortization Cost with TAXINN. I have mapped it upto some extent. Need Some help to conclude.
Created a condition type in M/06 - ZASS with
Cond. class - A Discount or surcharge
Calculat.type - C Quantity
Cond.category - H Basic price
Added in normal pricing procedure M/08 - given a subtotal "6" for condition type ZASS & given "363" Routine in Alternative formula for condition base value for JMOP in TAXINN. System is calculating the follwing results for Taxes :
Pricing Condition Description Value
Schema Type
JRM0000 P000 Basic 95.00 95.00
JRM0000 ZASS Amortization 5.00 5.00
TAXINN JMOP Excise Duty 10%(95+5) 10.00
TAXINN JSEP Education Cess 2% 0.20
TAXINN JCV1 S.H.Education Cess 1% 0.10
SubTotal for VAT 105.30
TAXINN JVRD VAT 4%(95100.20+0.10) 4.21
Net Value 109.51
Above is correct as far as Tax calculation is concern. Now When I post the Goods receipt I am getting :
RM Inventory - 100 (95+5)
GR & IR - 100 (95+5)
I need it like :
RM Inventory - 95 DR
GR & IR - 95 CR
Amortization Cost - 5 DR (If possible)
Suspense Account - 5 CR (Possible)
Need suggestion & advise.
Regards
Rohit Arora

Similar Messages

How to handle labor cost?

Dear All,
Scenario:
I have a finished component ;an assembly of 3 items,how to handle the labor cost i am paying for assembling in SBO.
could you all please write in detail .
Thanks,
Nandakumar

Hi Nandakumar,
you could have a look at this Expert Empowerment Session:
PDF:
[18.05.2007 - Moving Average Price calculation - effects of Rounding|https://websmp203.sap-ag.de/~sapidb/011000358700000418832007E/KP_MAP_in_BOM.pdf]
Recorded Webex
[18.05.2007 - Moving Average Price calculation - effects of Rounding|https://websmp203.sap-ag.de/~sapidb/011000358700000415572007E/CW20_FIN_moving.wrf]
There is an example involving a BOM with integrated labout costs.
& also this Wiki:
[How to include labour cost in a BOM. |https://wiki.sdn.sap.com/wiki/display/B1/Howtoincludelabourcostina+BOM.]
All the best,
Kerstin

How to handle the cost in third party process

Hi experts,
As the request, my client has some trading goods. the customer buy them from my client. but there is no stock in my client. for this transaction, my client send PO to the vendor and the vendor delivers the products to the customer directly. After my client recieve the shipping notification, they create the invoice to end customer. So i want to use the Third-Party Function.
But i have a confuse. How dose sap process the cost of trading goods(HAWA) in standard? you know, there is no stock for the trading goods, how to get the condition value of cost(VPRS)? Is there any special setting for the trading goods master data or some parameters in other place?
can anyone give some supports? Thank you very much.

Hi Dave,
You can capture vendor price in billing document as a cost.
Check the following settings.
1) select the determine cost field in third party item category.
2) Billing relevance F
3) check the VPRS condition type in pricing procedure. It will come after total amount.
VPRS statistical
Subtotal = B
Requirement = 4
Now create a sales order with third party material and maintain price E.g 500 USD
system will take VPRS value from material master in sales order level. E.g 300 USD. ( In billing level only system copies vendor price as a cost )
Do the following transactions after sales order.
Create a purchase order ME21N with reference to PR( take the PR number from Sales order)
In purchase order maintain price in item conditions tab E.g 320 USD.
Goods receipt MIGO
Vendor invoice MIRO
Now create a Billing document with reference to sales order number.
Here system takes VPRS cost 320 USD(PO price) instead of 300 USD which we maintained in Material master.
Regards,
Chandra

How to handle blocked cost centers from Payroll to FI (RPCIPE00)

We have the need to do retro payroll adjustments - the problem is that many times the original cost centers are blocked. This causes errors in the feed to finance via program (RPCIPE00). How can we avoid this error? We have considered using payroll substitution - but we understand that this will not send just the adjustment amount to the substituted cost center - but in effect create a transaction reversing all of the original transaction and then repost.
Has anyone tried an enhancement point in RPCIPE00 to try to address this problem? Any other suggestions?
Any ideas would be appreciated.

Hi
The salary is sent to GL and charge payroll account XXXXX
When you import the employee time to Projects, you will distribute the expenditures. Verify you set up the auto accounting rules so the project labor costs will debit the project cost account on GL and credit the payroll account XXXXX.
At the end of each period you will see that the employee salary was allocated to the projects.
If the labor rate you use are not accurate, you will see that payroll account XXXXX is not totally offset. Remaining balance of account XXXXX has not been absorbed in project costs. Depending on the significance of the residuals, you may consider updating the labor rate and recosting.
Dina

Handling delivery cost for Assets

Hi Friends,
Can we have delivery cost in POs of Assets. How to handle these ?
Regards
Sai Krishna

HI,
Normally in asset procurement, the delivery of asset shall be handled by Third party transporter on freight to pay basis. In this case, you create a condition type by copying the existing condition type like FRA1 for freight ( delivery cost) and include the same in condition tab in PO and create a vendor master and assign the same by selecting the condition type of freight in details.
Now the freight will be captured and payment can be made to the freight vendor.
Regards
Ram

How to handle this kind of scenario in SBO

Hello, I am new to SAP Business One. I would like to know how to handle Transporation Company scenario below in SBO.
QUESTION 1: A transportation company has 30 truck. The company receives orders from the customer and use the trucks to deliver the goods from Point A to Point B everyday. The cost for delivery is $0.50 per-KG.
The way I handle above:
1. In ITEM MASTER DATA:
Create a new item > Item Type: Labor > Description: Delivery from Point A to Point B > and determine the delivery price is $0.50.
2. Use the item created in no 1 above when creating Sales order/Invoice.
If the weight is 5000kg then simply put QTY 5000 in Sales Order with the price of $0.50/KG, which has been set in Item Master Data.
Is the above method correct or there is better way to handle?
QUESTION 2: TRACKING EACH TRUCK EXPENSES BY ITS LICENSE PLATE:
Each truck has Spare Parts expense (e.g. bulbs, oil, battery, tires etc) that the company would like to track.
The company purchased the spare parts from suppliers and keep it in the warehouse. When a truck needs to replace its spare parts, the company will issue the parts and record it under that truck's license number as that truck's expense.
The goal is SBO must be able to provide detail monthly expense report for each truck when inquired by its license plate. I prefer NOT to manually input "directly" in Journal Entry to prevent error.
Thanks.

Hi,
welcome to sbo forum!
For your question 1, it will depend if you will only have 1 route for all of your deliveries.If your point of origin is always point a then destination is point B w/ price of $0.50,then you are right with your process... but if you will have to expand and move into different places, i think it will best for you to create a UDT for your pricing.
in summary:
1.create UDT pricing(with origin,destination and price)
2.Create UDF in row level of Sales order(U_origin,_U_destination)
3.) create FMs for your Sales order Origin and destination based on UDT Pricing table.
4.) create automatic fms for your price( based on origin and destination selection).
for question 2, all your repairs and maintenance will pass through AP invoice( either by item or service). in our country we normally use Ap service,since a truck has normally several types of spare parts. This figures will will surely add up to the number of item master data record in your system ,since you will need create a unique item for each and every item available.
-To monitor all your expenses, you will need to create a UDF in the header of PO, GRPO or AP invoice, place your plate number here. so that when you extract your reports, you will easily identify your expenses per truck.
in summary:
1.create UDF for header of PO,GRPO or AP( Udf_Plate number) you can set valid values for you udf or by FMS with default values.
2.Create Udf for lines of PO,GRPO or ap(UDF_spare part type) --note: if you will use the Item type document for repairs and maintenance then i guess you dont need to add UDF_spare parts.
Hope i was able to help you.
Regards,
Darius Gragasin

How to use same cost center?

Hi Gurus,
I have one controlling are and 2 company codes. I have assigned these company codes to same controlling area. I have observed that cost center is company code specific. In this case, whether we can use same cost center and standard hirachy for both the companie or any other configuration is required.
Kindly guide me in this regard.
Thanks and Regards,
Ganesh.

Hi,
I have created another group of cost centers for the 2nd company code and I have gone to OKB9 transaction for default assignment of cost centers. Here I got another problem, that is same cost elements for both the company codes. How to handle this situation.
I am using same operational chart of accounts for both the company codes.
Kindly give me your valuables suggessions.
Thanks and regards,
Ganesh.
T

How to handle restocking fee

Dear guru,
We cut a PO to vendor and later we decided to cancel the PO. However the vendor wants to charge a 15% cancellation fee(or restocking fee). I need your opinion on how to handle this situation:
1. if this is a stocked/valuated material, can I post the 15% to the material stock(says, currently there are stock on hand available). How to achive this?
2. If there is no exisitng stock on hand, how do I post this 15% cancellation fee upon receipt invoice from vendor(no PO issued)? via direct FI?
Appreciate your input.

Hi,
Is there a way that if I need this to be handled via PO process instead of making manual/direct FI entries?
Reason being the supplier wants us to issue a PO to them and I need the cost of cancellation goes back into this particular material/stock.(i have stock on hand now).
Appreciate your further input on this.

How to handle Drop Down Box on Interactive Adobe Form

Hi,
On my adobe form there are some drop down boxes like company code, cost centre etc, actually i need F4 help on those fields, but what i found is it's not possible to have F4 help on adobe form so i have choosen alternative as webdynpro acitvex drop down box in library. I have written a web dynpro application to fetch the data and display it on adobe interactive form, i could able to display the data for all the fields on adobe form except these drop down boxes, can any body suggest me how to handle these drop down boxes in webdynpro application. Your help will be greatly appreciated.
Thansk & Regards,
Venkat

Hi Venkat,
As you are using the WDP ActiveX dropdown in your form, it is fine but to populate values in the DD, you need to bind the context attribute with a simpletype and then populate the values. Use the below code to obtain a ModifiableSimple Type:
IWDAttributeInfo abcInfo = wdContext.nodeABC().getNodeInfo().getAttribute("AttributeName");
ISimpleTypeModifiable def = abcInfo.getModifiableSimpleType();
IModifiableSimpleValueSet abcValueSet = def.getSVServices().getModifiableSimpleValueSet();
and after this put te values in the obtained modifieable simple type like below:
abcValueSet.put(key,value);
where key may be the ID and value may be the name to be displayed in DD.
Reward points if found helpful.
Regards,
Arafat

How to handle a glitch gracefully with client

Any professional designers here, I could use some perspectives on how to handle a situation.
Briefly: first time client, somewhat fussy but well-intentioned and nice to work with. I designed an annual report for them, process color, nice piece. The cover image is a color satellite image from NASA, and on the proof some slight horizontal banding appeared in one area that turned out to be a glitch in the printer's proofing device.
I did some very slight color adjustments on the image and on the second proof some diagonal banding appeared in the same area. After discussing this with the prepress chief, I concluded again that this must be another proofing device issue. I did not see this banding on my monitor, so concluded it wasn't in the file.
At the press check yesterday I was surprised to see the banding. I discussed it with the prepress chief again, he said he had noted it on screen the previous day and "thought that T---- was going to discuss it with you." To my knowledge nobody had contacted me (T---- was off that day).
I have never stopped a print run before and was reluctant to do so now (everything else looked A1). This banding in one area of the image didn't seem catastrophic, just annoying to my fussy designer eye. A lot of people might not even notice it. Apparently, it's part of the original composite digital image NASA created.
So the question is, how do I handle this with my client? When showing them the proof with the banding, I said "don't worry, this won't be on press."
My professional sense is that I offer to correct the cover in Photoshop at no charge and have it reprinted (nothing has been trimmed or bound together yet--I've asked the printer to hold off on that). Do I wait and see if my client even notices? Do I point it out first thing?
And with the printer, do I insist they reprint the cover gratis? Or do I share responsibility?
If I had it to do over again I would've insisted on a perfect proof...I was just trying to keep things moving along and I trust this printer who I've worked with before (they do good work).
Thanks for your perspectives.

Thanks guys. I had a good chat with my printer rep. today, nobody pointed any fingers, they basically said they are willing to do whatever is necessary to make things right, except they indicated that they would charge for any additional prepress time. That seemed fair--I can do the Photoshop work and all they need to do is run a new proof and burn a single plate. I would cover that cost.
Later in the day I met with my client and told them everything went fine except for one glitch--I asked if I could wait until after they'd reviewed the proof to reveal it, just to see if it was obvious. They good-naturedly went along (we have a good rapport) and could not spot the problem. When I pointed it out and explained what happened, I said I would be more than happy to fix it, no charge to them, just a little extra time delay in getting the final product.
The person I work directly with felt it wasn't worth fussing over, but wanted to show it to the boss who wasn't in today. So I'll get a final answer tomorrow (he's the fussy one, so I'd say there's a pretty good chance he'll want a reprint).
I feel it has been handled well by everyone to this point. Good learning experience for me.
Thanks again for your input. Any further advice or comments welcome.

How to handle Supplementary Bills

Hi all,
Can any one suggest me how to handle the supplementary bills in indian localization?
The concept is encountered in cases when companies follow contract agreements in sales and purchase. To provide a breif description of the scenario: A contract prevails with a vendor from a period of 1st april to 30th June for an item A @ Rs. 30. Now all the bills generated within this period is raised at the said rate along with taxations. The contract is liable for renewal from 1st July but the process take time and the new rates are available on 25th July but effective from 1st July @ Rs. 40. Now the bills generated from the period of 1st July to 24th July has been raised at the old rate as new rates were not available. On 25th July, the company raises a supplementary bill for the difference amount i.e. Rs 10 x Qty billed from 1st july to 25th july. Now this will efect the taxation also. In case of a cost raise the tax accounts shall be debited and the stock accounts shall have to be revaluated for the item. In case of a reduction the tax accounts have to be credited and the stock account has to be revaluated for those items. However, though this has an effect on the stock value it does not have any effect in the stock quantity.
How to map this in SAP Business One? This has been a standard practice in any manufacturing industry now a days and I am seeking for any one who has done it. Please share a solution.
Regards,
Raj

Hello,
still not get proper answer for this prob.
It is very complax issue for handing in SAP .
i think it can handle making nos of AccountAmount reconcialation , inventory tracking(phsical stock tracking) and service invoice .
and result based on your client Accountant and your clear explaination.
You have only one opion make credit note make with respective excise docuemnt .but whenever you receive bill you have issued qouantiy in production floor.otherwise make all document again..
Thanks
Manvendra Singh Niranjan

Subject: Handling revaluating cost for ECP version 0 in CJ9ECP/CJ20N

From sale transaction i need to call cj20n/cj9ecp for revaluating cost estimates. Can anyone say how to proceed with this thing.
Can any one say how to handle pop up window in CJ20N/CJ9ECP when clicked edit ecp button. Later how to revaluate cost estimates. For this should i need to go for call transaction or is there any method available. If so how to handle method for revaluating cost estimates for ECP of WBS elements

How to handle method on_costing_component_to_outtab belongs to badi gui_itemization_ck. This is to revaluate CCR in CJ20N.

Handling revaluating cost for ECP version 0 in CJ9ECP/CJ20N

From sale transaction i need to call cj20n/cj9ecp for revaluating cost estimates. Can anyone say how to proceed with this thing.
Can any one say how to handle pop up window in CJ20N/CJ9ECP when clicked edit ecp button. Later how to revaluate cost estimates. For this should i need to go for call transaction or is there any method available. If so how to handle method for revaluating cost estimates for ECP of WBS elements

How to handle method on_costing_component_to_outtab belongs to badi gui_itemization_ck. This is to revaluate CCR in CJ20N.

I took my iMac 2010 to a "Third Party" company to replace my hdd, they did, but now it will not boot. if i took this to the Apple store, how much would it cost to fix? if i buy my own SSD (£70) Thanks a LOT!

I took my iMac 2010 to a "Third Party" company to replace my hdd, they did, but now it will not boot. if i took this to the Apple store, how much would it cost to fix? if i buy my own SSD (£70) Thanks a LOT!

DewiRobbo wrote:
Well, this "third party" is going to put my old hdd back and not charge me any money (as he did not fix it) but i think its better off taking it to an AASP because i have a feeling Apple store will charge way too much.
The way I read that comment – you seem to suggest the Mac was broken before the third party replaced the disk - is that the case or was it working before the HD was replaced?
Since the Mac is out of warranty you will have to pay for any repairs wherever you take it. Authorised Apple service centres will be able to get parts whereas any non certified technicians will have to use 'grey market' parts since Apple will not sell parts to the public. These may be reconditioned or not official parts - it's a risk to use them. Visit the Apple store & ask them - there is no point in lying about it being handled by a third party. An Apple tech may be able to tell when they open the case, depending on how meticulous your third party was.
If you are handy with a screwdriver & have tools and a lot of patience you could use a guide on iFixit.com, but there is no indication of why this Mac not booting up.
It could be that the disk is not formatted correctly.
Are you sure the tech copied an OS onto the disk? Did they install the OS for you or did they clone the old disk?
Can you boot from a backup disk or from an install disk? Does the disk appear in Disk Utility when booted from another OS (either the installer or a backup).
'Not booting' can mean so many things, what does booting do exactly? Grey screen, black screen, any noises or tones, any signs of life at all…?
If you look at the iFixit guides you will see many fiddly connectors, if the tech failed to hook them all back up it could explain the failure, or perhaps you just have a disk that is 'dead on arrival' - sometimes that happens. A properly trained technician should be able to figure that one out.

How to handle returned products originally issued out using Transport Order

Dear Experts
I transfer a batch containing 10 cartons from production plant NDE1 to sales plant NDE2 within same company code using a stock transport order.
Each carton is valued at 1dollar each, that is total value of transfered stock is $10
After two weeks, 3 cartons went bad and needs to be returned to production plant NDE1.
How do I capture this return process in SAP?
If it were an outright sales to a customer, a Return Order with reference to the invoive will be created, return delivery done,PGI done which brings the returned stock into inventory, and a credit memo posted against the original billing.
How do I handle my 3 cartons of returned stock since it was given out using a transport order?
What will the accounting entries be in the system? i mean which accounts will be credited and debited by the $3 value of th ereturned three cartons?

It depends how you handle the stock .Your accounting document generated in NDE2 in plant only.
The first step you transfered the material through sto from NDE1 to NDE2 ,here there is no impact on accounting entries as you are transffering the stock with in company code.
After you get return stock from customer NDE2 you can directly scrap or after inspecction of the stock if the stock is good then you can keep in Unresticted use for further sales.
I dont think so you need again one more sto to get return stock from NDE2 to NDE1 as it is damaged stock and un necessary paying transport costs.
If you scrap the material then the 3 qty of stock 3 doller price hit to scrap account.

How to Handle Amortization Cost in TAXINN

Similar Messages

Maybe you are looking for